by theluckycountry » Sun 03 Apr 2022, 19:50:50
$this->bbcode_second_pass_quote('vtsnowedin', 'C')ovid is a pretty poor degrowth plan as it kills mostly elderly people well beyond their child bearing and child raising years. Our economies will learn how to live with covid and it will not be a long term drag on business profits.
Actually I am surprised that governments around the world have let it disrupt them anywhere as much as they have in light of how little the lockdowns actually accomplished.
Degrowth to me is degrowth in the economy, in oil consumption.
Oil prices fell sharply yesterday as US President Biden blah blah blah... Losses also came on the back of demand concerns from top consumer China, after it reintroduced lockdown measures to curb a resurgence of Covid-19.https://tradingeconomics.com/commodity/crude-oilThis is what I'm talking about, a conspiracy in the minds of many here but a true conspiracy is simply an agenda kept hidden from public view, well hidden. I was no surprise to me that governments did what they did. We are facing a crisis, our whole world will grind to a halt and we'll be back in fields pulling plows with oxen when the oil is gone.
We can't find enough to maintain what we have now let alone grow more so that only leaves reduced consumption. The trouble is 7 billion people don't want to give up the lifestyles oil has given them, so it's up to government to take measures to curb our consumption. We have known this all along I think, it's one of the things we look to government for, to solve our major problems. They could have just come out and told everyone the truth, and that might have worked? But government isn't in the business of being truthful. Much simpler to take a flu virus and over-react totally to the point where our modern life is shattered, our consumption begins to collapse.
I see this all around me. People just don't travel as much anymore, certainly not on jets to far off places. And they don't go out to dinner nearly as much, and they have stopped upgrading their cars every 5 years, etc etc. Oh yes the government solution is right on track, even the war in Ukraine played into their hands as it allowed oil to go way up, even less consumption. And now we see China is introducing more lockdowns. As the major consumer on the planet that's good news hey.
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.