by kpeavey » Tue 03 Jun 2008, 01:45:51
The crash is coming, that much has been reasoned years ago. The speed of the crash is still up in the air. The three most common scenarios I find:
Slow Crash. Conservation, renewable energies and demand destruction keep things moving, but in the end, we go out with a wimper.
Multiple Crash. While conservation and renewables are brought to bear rapidly, bottlenecks in the system present, resulting in sudden small crashes all the way to the bottom.
Fast Crash. TSHTF all at once. A combination of energy availability/price, economics, resource wars, climate change, disease, famine, pretty much the worst parts of the bible.
The speed of the crash must also be coordinated with the Timing of the crash:
Early. The interdependent nature of the global network and economies collapse under the strain of debt and prices.
Middle. We tough it out for a while, but it catches up with us.
Late. Human resourcefulness, technology, and changes in lifestyle keep things moving, albeit with difficulty, long after the peak is identified.
As a species we have exceeded the carrying capacity of this small blue planet. Mother Nature will do her job, as she always does to return balance. We are past the point where our actions could make a difference.
We are in the first stages of the Transition from our present day paradigm, fossil fuels/high grade ores/global economics, to the paradigm of the future, renewable energy/local resources/local trade. We know the past, we can predict to some degree the future AFTER the Transition, but the Transition can not be predicted with accuracy. It's a problem not unlike the Heisenberg Principle. The problem with predicting the Transition is simply too many variables. The money, cultures, people, governments, resources, capacity to adapt, technology, all will play a role. We can predict that we will move from point A to point B, but we don't know the road to be taken or the speed of the car.
I believe economics and the interdependent nature of modern trade will be a critical factor. The world system of trade of all goods is based on some sort of transfer of wealth. Value of goods is traded based on number and news. The way information is disseminated, you don't need an actual disaster to affect trading, you only need the threat of bad news to affect trading. Take the money out of the equation, things come to a stop real sudden like. This leads me to think a crash will begin early.
Interdependency leads to chain reactions and bottlenecks. One part of the system goes down, the dominoes start to tumble. We may be able to stop the falling for a time, this is the pervue of the politicians-they will have to do something, but strain on the remaining systems will start the fall again. I think the multiple crashes scenario makes the most sense.
There is still one more potential scenario, but I shall not speak of it.
Last edited by
kpeavey on Tue 03 Jun 2008, 01:50:29, edited 1 time in total.
If you want a picture of the future, imagine a boot stamping on a human face--for ever."
-George Orwell, 1984
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twenty centuries of stony sleep were vexed to nightmare by a rocking cradle, and what rough beast, its hour come round at last, slouches towards Bethlehem to be born?
-George Yeats