Some more bright news from everyone’s favorite slave-state inducing economists at the IMF:
1200%, people. That means your 50 cent bag of chips in the vending machine would now cost $4; your gas would cost $36/gal. In addition there’s a drought. So the potato field you would plant in response to the prevention of your family’s starvation would be decimated.
I wish I could get some statistics on current worldwide droughts (read my post on the drought in the Amazon), because “modern agriculture” is in response tapping underground water tables and freshwater streams en masse (in addition to multinational corporations like Coke and Pepsi), which is causing rapid decreases of water supplies in many places.
- In probably 20-30 years, no more underground water reserves in many areas.
- Prolonged droughts will become the norm for many areas.
- Without sufficient transport (oil-powered trucks or boats), many will be forced to immigrate or starve.
- Due to massive immigration, many countries already above carrying capacity will have to shoulder the load of more illegals as well as feeding their own populations.
- What will probably happen is point 3.
The Age of Cheap Oil is over. Any suggestions as for what we should do?
Singapore – The economic prospects for Zimbabwe are “grim”, the International Monetary Fund said on Saturday, after data from the southern African nation showed annual inflation rose to a record high above 1 200% in August.
Yet another argument for human innovation and ingenuity. Ladies and gentlemen, look no further than Japan for a realistic perspective on human innovation for the last 30 years.
Moreover, if there have been wars over salt, why be so quick to rule one out over oil? Granted, there are far more NWO/secret-society complications with the onset of the current nation-state arrangement, but the pattern of the rape and pillaging of defenseless countries and their peoples continues, doesn’t it?
found at Energybulletin: http://energybulletin.net/19220.html
by Stephen L. Sass, NY Times via International Herald Tribune
In the wake of the closure of a BP oil field in Prudhoe Bay, Alaska, oil prices shot up to $77 a barrel on Wednesday, and the chorus of doomsayers concerned about the dire consequences of our fossil fuel dependency has reached a crescendo. If oil hits $100 a barrel, the impact on the economy could be catastrophic, the handwringers warn. But while such a specter seems novel and terrifying, it is in fact familiar and useful.
Throughout history, shortages of vital resources have driven innovation, and energy has often starred in these technological dramas. The search for new sources of energy and new materials has frequently produced remarkable advances that no one could have imagined when the shortage first became evident.
A reminder of what some of the things that will be happening, who they will be happening to, and what their reaction will probably be – utter despair – in the coming years. A look at the overall post-Katrina, post-2004 Tsunami, and post-Pakistan earthquake situations paints a telling story about who the true humanitarians are and aren’t, doesn’t it? About who stands for their fellow man and who doesn’t. About who is truly concerned about following Jesus in good orthodoxy and its respective orthopraxis and who doesn’t. What’s the saying? “Good intentions pave the road to hell.”
When the Nazis came for the communists,
I remained silent; I was not a communist.
Among many other reports of blackouts. Simple logic: blackouts are caused by energy demand from customers: industrial users, individual users, small businesses. The world does not have enough resources to allow every man, woman, and child the use of an air conditioner, every time, in 100+ degree weather, for the next 100 years. There’s simply not enough energy. In the next 20 years, don’t think the cost of the American lifestyle is gonna hit you? Think again.
By SAMANTHA YOUNG
ASSOCIATED PRESS WRITER
SACRAMENTO, Calif. — Scorching heat pushed California’s electricity supply to the brink Monday and threatened another round of blackouts as utility crews across the state struggled to restore power to tens of thousands of people left in the dark over the weekend.
Authorities warned that the eighth day of the heat wave could drive demand for electricity in California to an all-time high. Some businesses cut their power usage under a program that grants them lower rates if they agree to conserve during a crisis.
Meanwhile, utilities in the St. Louis area and New York City also labored to restore power to hundreds of thousands whose electricity was knocked out by storms and equipment failures.
The latest from Tom Whipple, via Energybulletin via Falls Church News. It should be noted that despite Japan’s massive efforts in energy efficiency, they are still the number 2 user of oil in the world behind the United States.
by Tom Whipple
When worldwide oil depletion sets in, initial concern will be with transportation. First attention will be fixated on the “unbelievable” gas prices, then, what to do with the SUVs, miles per gallon, public transit, bicycles, telecommuting, and anything else having to do with getting ourselves and our stuff around.
In time however, it will dawn on us that cheap oil played a bigger role in our daily lives than just propelling cars. It won’t be long before other concerns arise such as growing, raising, transporting, and preparing food, and keeping our buildings habitable. I would like to talk about buildings in an era without cheap oil, without cheap natural gas, and without cheap electricity. Continue reading