$this->bbcode_second_pass_quote('Armageddon', '')$this->bbcode_second_pass_quote('GHung', 'J')ust across the wire, and a live statement from the White House - US sending troops and aircraft to KSA to protect [one of the richest countries in the world] "world oil supplies".
I say it's about time we let the bastards defend their own oil, or those most dependent on it.
PeakOil is You
Economic outlook from the attacks on SA
Re: Economic outlook from the attacks on SA
by Outcast_Searcher » Sun 22 Sep 2019, 02:53:52
I think the US knows that if you knock off anymore oil from the worlds production, it would send us in a deep depression. One that we may not recover from.
Which is even more nonsensical than most of your ranting. Nearly $100 oil for about 4 years wasn't a problem recently. So why would $60 to $80 oil for awhile cause a "deep depression"?
Because you call pretty much ANY down-turn a "crash"? Because you've been constantly wrong about economic doom for a good 8 years now, at least?
Cog is right. Take a walk. At least that would be something productive.
Given the track record of the perma-doomer blogs, I wouldn't bet a fast crash doomer's money on their predictions.
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Re: Economic outlook from the attacks on SA
by Sys1 » Sun 22 Sep 2019, 03:59:58
Cog : We can't compare what occured in 2008 and what happens now.
Of course, it seems that the attack on SA was not as important as feared, so I don't judge it any more as a major event.
Nevertheless, the debt system became a monster during the last 10 years. Central banks decrease rates and play with negative ones for the first time in economic history, plus QE 1,2,3... happening on a year basis and helicopter money soon.
We obviously never recovered from 2008 so called "crisis", we are heading right to hell. The Ponzi scheme lasts more than expected, but the more it lasts, the worst will be the fall.
Oil doesn't have to skyrocket to 150$ just like 2008 to crash the system, the system is actually already crashed, we are living in a time of illusion, where the purpose of mainstream medias and governments is to pretend everything is fine and under control. Note that it's as true for economic as it is for global warming. Global warming is becoming terrifying, some models predict a +7°C at the end of century. As medias ask if it means we will move around in bikinis, Guy McPherson simply tells it means extinction of mankind. Deny and lies. That's all we have now.
Of course, it seems that the attack on SA was not as important as feared, so I don't judge it any more as a major event.
Nevertheless, the debt system became a monster during the last 10 years. Central banks decrease rates and play with negative ones for the first time in economic history, plus QE 1,2,3... happening on a year basis and helicopter money soon.
We obviously never recovered from 2008 so called "crisis", we are heading right to hell. The Ponzi scheme lasts more than expected, but the more it lasts, the worst will be the fall.
Oil doesn't have to skyrocket to 150$ just like 2008 to crash the system, the system is actually already crashed, we are living in a time of illusion, where the purpose of mainstream medias and governments is to pretend everything is fine and under control. Note that it's as true for economic as it is for global warming. Global warming is becoming terrifying, some models predict a +7°C at the end of century. As medias ask if it means we will move around in bikinis, Guy McPherson simply tells it means extinction of mankind. Deny and lies. That's all we have now.
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Re: Economic outlook from the attacks on SA
by EnergyUnlimited » Sun 22 Sep 2019, 07:39:11
$this->bbcode_second_pass_quote('Sys1', 'G')lobal warming is becoming terrifying, some models predict a +7°C at the end of century. As medias ask if it means we will move around in bikinis, Guy McPherson simply tells it means extinction of mankind. Deny and lies. That's all we have now.
Regardless of warming of 2, 5, 7 or even 9 degree, mankind for a while will survive.
Maybe on Siberia, Tibet or antarctic islands but still.
There are other ways how Nature may eradicate humans entirely but moderate GW which I have specified above taken alone is not one of these.
For sure it will end large organized state like structures which we are familiar with but still a far cry from human extinction.
Concerning Guy McPherson, he is either a cheeky man who have found a niche for himself to exploit, but if he really believes in what he says (human extincion by 2030-2035 due to climate change) then he is a madman.
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Re: Economic outlook from the attacks on SA
by Sys1 » Sun 22 Sep 2019, 10:55:17
EnergyUnlimited : You are plainly wrong, a +7°C means something like 14°C more on continents and probably dead oceans. The main problem is not how a human could handle temperatures since we are good at making air conditionning and underground bunkers filled with canned meals.
No, the main problem is there won't be any possibility to grow food. No food, no one. That's exactly why people like Guy Mc Pherson predict extinction.
No, the main problem is there won't be any possibility to grow food. No food, no one. That's exactly why people like Guy Mc Pherson predict extinction.
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Re: Economic outlook from the attacks on SA
by asg70 » Sun 22 Sep 2019, 11:34:48
$this->bbcode_second_pass_quote('EnergyUnlimited', '
')Regardless of warming of 2, 5, 7 or even 9 degree, mankind for a while will survive.
')Regardless of warming of 2, 5, 7 or even 9 degree, mankind for a while will survive.
Not in anything more than a small remnant. That's supposed to provide comfort?
BOLD PREDICTIONS
-Billions are on the verge of starvation as the lockdown continues. (yoshua, 5/20/20)
HALL OF SHAME:
-Short welched on a bet and should be shunned.
-Frequent-flyers should not cry crocodile-tears over climate-change.
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