by dolanbaker » Sun 04 Oct 2015, 07:01:26
$this->bbcode_second_pass_quote('Strummer', '')$this->bbcode_second_pass_quote('ennui2', 'O')il is a global commodity and it's not necessarily TEOTWAWKI for any part of the world that doesn't have oil if it can trade for enough circulating around the globe to keep it supplied (and there is plenty available for that).
And how are those countries supposed to pay for that oil? You need to have meaningful and actually needed exports to be able to pay for the imports of primary resources. Sure, countries like Germany or Japan will always be able to pay for their oil imports, because they actually produce lots of stuff which is necessary for running the global civilization and will be necessary even after TEOTWAWKI. But then you have someone like Greece (or to a lesser extent Ukraine), countries that are just almost pure consumers. They don't have anything to offer in exchange for the oil they need to exist. Ukraine at least has the choice of returning to the Russian markets, but Greece? No one actually needs Greece for anything (or the United Kingdom, or Ireland).
Countries like Ireland have a very robust agricultural sector and do export large quantities of food so will be able to generate sufficient income to buy imported fuel but of course there will be less available to purchase. We have a very dispersed car-centric economy here and that will have to change soon, otherwise the decline in available fuel will have a serious impact on the lifestyles of many.