This will continue as long as there are fossil fuels in the ground. There are way more fossil fuels in the ground than we can afford to burn, but money doesn't care. It just likes the fire.
Money isn't real. We just print it to burn it. The oil, though? That's real.
I'm not denying that bubbles will burst. But then they reinflate. Just crank up that old printing press. Maybe give it a new spin so people believe it's different "this time".
It's a confidence game. One thing that could pop it for good would be divestiture from fossil fuels due to genuine widespread serious concern about climate change.
I'm all for it. Not gonna hold my breath though. Meanwhile, the Trump and Putin types of the world run on oil.