06-11-2007, 02:34 PM
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#1 (permalink)
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Senior Member
Join Date: Jul 2007
Posts: 1,693
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Europe - the Future
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I keep my speech pretty short, explaining how all the public apathy, “I’m alright Jack” consumerism, and “I’ve voted Labour all my life” moronicism of recent decades is going to be swept away by the harsh winds of economic pain. Distressed home-owners (or rather, people who didn’t realise that the banks owned their homes) in parts of the USA are now being offered just 50 per cent of their nominal value of a few months ago by venture capitalist sharks drawn by the blood spilt by those already crushed by the credit crunch.
There are plenty more set to join them, including on this side of the water. We’re in the earliest stages of perhaps the biggest forced (by economic circumstances, of course, the robber barons of today don’t ‘do’ swords or bayonets, though in not so many years time they may well use paramilitary police in a new form of feudalism) transfer of wealth from the actual and aspiring middle and taxpaying working classes, into the hands of the super rich since the theft of the English commons and the Lowland and Highland Clearances.
This new wealth grab will of course be cloaked in socialist legitimacy by tossing a few threadbare rags and stale crusts to the spongers – homegrown and imported – whose votes may allow their system to maintain a fictional democratic legitimacy)
The comfortable times are gone; the only question yet to be answered is whether the damage done to our society and the nations of the West under cover of “you’ve never had it so good” hedonism has already gone so far as to be irreparable? That liberalism and the multi-cult are finished is beyond any doubt, but the moment is yet to come that will decide if they are replaced by national rebirth or by lawless feudalism that merges into an Islamic Dark Age.
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The writer then talks about peak oil and the problem of Islamic fundamentalism in Saudi Arabia:
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The business pages of the Daily Mail I pick up on leaving the plane include a brief reference to the German Energy Watch Group report that the Guardian covered the other day. It is described as ‘startling’, which shows just how out of touch with the real fundamentals of the world economy supposedly well-informed journalists can be. Frankly, it’s terrifying.
Especially this bit: “EWG sees world production slumping from 81 million a day to 39m by 2030. It does not predict prices, but if it is right they could double.” Where do they get this rubbish? The 1973 oil shock was caused by a gap between global supply and demand of les than 5%, and that led to prices quadrupling almost overnight. America’s so far minor steps towards serious bio-fuel production have led to a doubling in the price of grain and animal feeds as food production is cut in order to produce alternative transport energy. A 50% drop in global oil output, combined with the growth in demand from China and India, wouldn’t lead to a simple doubling of prices.
We’re not talking about you not being able to afford long drives to the seaside quite so often – this is about the likely collapse of the modern world, mass starvation among the world’s poor, and a contest between the decentralising effects of technological simplification and the crudely centralising efforts of scavenger capitalist police states. Unless, of course, someone comes up with a solution so effective and so cheap that we can collectively afford the astronomical cost of writing off the infrastructure of the Oil Age. Don’t hold your breath!
About the only consolation is that, after a period of even greater wealth and power when the Muslim OPEC states literally have us over a barrel as scarcity sends oil prices trough the roof, there will come a time when inexorably declining oil output sends Saudi Arabia in particular into a tailspin of social unrest. And once the Mad Mullahs take over they’ll turn the place into an economic and social basket case – which would severely curtail both the prestige and the world-changing clout of Salafist/Wahhabi Islam.
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