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Say hello to the new world leaders!

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Re: Say hello to the new world leaders!

Unread postby wisconsin_cur » Wed 25 Mar 2009, 20:52:12

Even if they are, who cares? The geology of oil extraction remains the same. We have gotten the most and the best and now the world is managing decline.

They remain more dependent on the system than we do and now the oxygen that runs the system is slowly being sucked out of the room.

It is time to start making other arrangements and it does not matter at all who is on top in the macro narrative. It is all micro- (as in household) economics now.
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Re: Say hello to the new world leaders!

Unread postby JPL » Wed 25 Mar 2009, 20:52:28

I just miss the old days when the enemy had slogans, tanks & nukes. You knew where you were with 'missels', dammit...

JP
Nothing ever happens, nothing happens at all
The needle returns to the start of the song
And we all sing along like before

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Re: Say hello to the new world leaders!

Unread postby Ludi » Wed 25 Mar 2009, 21:00:03

$this->bbcode_second_pass_quote('wisconsin_cur', 'E')ven if they are, who cares? .



They chose to ruin their stable culture and land by buying into modern industrialism, now where will they be after peak oil?
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Re: Say hello to the new world leaders!

Unread postby SeaGypsy » Wed 25 Mar 2009, 21:04:21

$this->bbcode_second_pass_quote('wisconsin_cur', 'E')ven if they are, who cares? The geology of oil extraction remains the same. We have gotten the most and the best and now the world is managing decline.

They remain more dependent on the system than we do and now the oxygen that runs the system is slowly being sucked out of the room.

It is time to start making other arrangements and it does not matter at all who is on top in the macro narrative. It is all micro- (as in household) economics now.


Spot on. The house of cards is more like a megalopolis; China pulls the plug it's M.A.D. (Mutually Assured Destruction).
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Re: Say hello to the new world leaders!

Unread postby wisconsin_cur » Wed 25 Mar 2009, 21:08:45

$this->bbcode_second_pass_quote('Ludi', '')$this->bbcode_second_pass_quote('wisconsin_cur', 'E')ven if they are, who cares? .



They chose to ruin their stable culture and land by buying into modern industrialism, now where will they be after peak oil?


That is beyond my pay grade. I got all I can handle around here.
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Re: Say hello to the new world leaders!

Unread postby The_Virginian » Thu 26 Mar 2009, 10:47:37

你好性交面孔!
[urlhttp://www.youtube.com/watchv=Ai4te4daLZs&feature=related[/url] "My soul longs for the candle and the spices. If only you would pour me a cup of wine for Havdalah...My heart yearning, I shall lift up my eyes to g-d, who provides for my needs day and night."
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Re: Say hello to the new world leaders!

Unread postby dorlomin » Fri 27 Mar 2009, 09:49:22

$this->bbcode_second_pass_quote('The_Virginian', '')好性交面孔!

"Hello sexual intercourse with a face"
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Re: Say hello to the new world leaders!

Unread postby dorlomin » Fri 27 Mar 2009, 11:42:30

$this->bbcode_second_pass_quote('cbxer55', 'T')his article puts forth the notion that China is out to take over as the world's leading economic power. After all they continued buying our toilet paper, even after knowing some three years ago that this economic crisis was coming. They now have us over a barrel.
this was the theory being circulated for several years up until late last year. Now that the US government can in effect print its own money the Chinese ability to threaten to dump treasuries is diminished if not eliminated.


But in terms of 'wealth' I don’t really think China is currently all that wealthy. They are pretty low on the production chain, although not at the bottom. They assemble running shoes, but other countries tend to cut the pieces that require assembly. They do not design and market them, they are not OEM originators of IT kit, they do not design and manufacture jet engine to rival GE, RR or P&W. What they have done is steam rollered many of the other manufacturers out of business as they throttled up there sweat shop juggernaut. Allegedly about half of the commercial loans issued to Chinese businesses are non performing, this may be an exaggeration or a misrepresentation but when you are growing at 12% pa, you can cover for a lot of bad loans. The allegation is this acts as a sort of subsidy for Chinese manufacturers over other low end producers. But they are now in a bind, hovering up textile, chemical, steel production and black goods assembly jobs from the US, Africa, Indonesia, Haiti and other parts of the world is easy, but you also need buyers, they have been undermining there customers in the west and filling up so much of the potential manufacturing in industries that you run out of areas to grow into.

Chinas currency reserves are very large, but its balance of trade is only slightly larger than Germanys, is also only slightly bigger. Yes its raw volume is huge but it has not been moving up the chain of supply all that quickly and has not really been developing internal markets fast enough to replace loses int he west.

I am not sure it has real 'wealth'. It currently lacks the creativity of Japan, S Korea
or India, it lacks the strong sets of laws and rules that have taken several centuries to evolve in mature capitalist societies (although Hong Kong pretty much has them), it lacks the respect for property and the freedom to challenge authority that is often central to the creative process. Many of these same charges could be laid at mid 19th century France and Germany, at early 20th century Japan and early post war South Korea and Taiwan. All nations that have adopted the follower model and eventually caught up with and exceeded the granddaddy of industrialisation Great Britain. Clearly China can catch up and become an innovative society. But as it currently stands it is not.

In my opinion I do not think the Chinese economy is mature enough yet to assume the role of global hegemon. And they have huge internal problems.
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Re: Say hello to the new world leaders!

Unread postby Plantagenet » Fri 27 Mar 2009, 12:01:07

$this->bbcode_second_pass_quote('dorlomin', ' ')Now that the US government can in effect print its own money the Chinese ability to threaten to dump treasuries is diminished if not eliminated.


Every country can print its own money.

Look at Zimbabwe.
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Re: Say hello to the new world leaders!

Unread postby bratticus » Sat 28 Mar 2009, 20:18:20

$this->bbcode_second_pass_quote('dorlomin', '')$this->bbcode_second_pass_quote('The_Virginian', '')好性交面孔!

"Hello sexual intercourse with a face"


http://translate.google.com/ sez:

"Sex face how are you!"
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Energy leaders gather in Houston for the ‘Oil Man’s Davos’

Unread postby AdamB » Tue 06 Mar 2018, 11:01:14

$this->bbcode_second_pass_quote('', ' ')
Around 4,000 leaders of the global energy industry will gather in Houston, Texas today for the CERA Week forum — the annual event that has been called the “Oil Man’s Davos.” Top of the agenda, under the theme “Tipping Point — Strategies for a new energy future,” will be the new dynamics of the oil industry, with the emergence of the US as an energy-exporting power and a realignment of the traditional exporters under the new-found alliance between Saudi Arabia and Russia, the two biggest oil producers. There will be a big contingent from the Kingdom and the other energy players in the Gulf. The Saudi Aramco team will be led by Amin Nasser, the chief exec- utive, with a UAE delegation under energy minister Suhail Al-Mazrouei. The creation of Daniel Yergin, the energy expert best known for his Pulitzer Prize-winning book “The Prize,”


Energy leaders gather in Houston for the ‘Oil Man’s Davos’
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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