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PeakOil is You

PeakOil is You

THE F.William Engdahl Thread (merged)

Discussions about the economic and financial ramifications of PEAK OIL

Re: Engdahl: "US Looking At 10-Year Period Of "Pure Hell"

Unread postby Carlhole » Wed 11 Feb 2009, 15:38:55

$this->bbcode_second_pass_quote('EnergyUnlimited', 'I') is interesting that one of our archcornucopians, means Carlhole who believes that creative ingenuity will solve everything, that singularity is near etc, now is talking about 10 years of economic hell.
Doesn't sound very coherent for me...


Hey, stick a tampon in it.

I post stories on both sides of issues if I think they're worthwhile. And I'm not a cornucopian. I just object to the monotone, Doomer groupthink around here which makes it extremely difficult to talk about science or engineering in any intelligent way.

There are some pretty damn interesting things happening in science and there are cool articles appearing everyday that are worth posting. So I post them. Doomers think they have the future figured out beyond a shadow of a doubt. Every time in the past that some idiot group has thought they had a unique grasp upon the future, they have been proven utterly wrong.

It's foolish to be certain about how the future will unfold. So it makes sense to look at both sides of any complex issue.
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Re: Engdahl: "US Looking At 10-Year Period Of "Pure Hell"

Unread postby AlexdeLarge » Wed 11 Feb 2009, 15:43:49

$this->bbcode_second_pass_quote('Serial_Worrier', 'I')f any country deserves to enter the gates of hell it's America. All it's war profiteering, genocide against the Palestinians, etc...


What a farking idiot.
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Re: Engdahl: "US Looking At 10-Year Period Of "Pure Hell"

Unread postby Tyler_JC » Wed 11 Feb 2009, 15:46:21

$this->bbcode_second_pass_quote('Serial_Worrier', 'I')f any country deserves to enter the gates of hell it's America. All it's war profiteering, genocide against the Palestinians, etc...


You do realize that the people most affected by economic downturn are the poor, the elderly, the disabled, the unskilled, immigrants, the working class, single moms, and other vulnerable populations right?

The purported war-profiteers will keep their positions of power and the little people will suffer horribly.

Even if some of the "evil" rich do suffer, it's a Pyrrhic victory. The disenfranchised will always suffer the sting of economic depression worse than anyone else.

A recession isn't just measured in stock portfolios or bank accounts. It's measured in foreclosed homes, jobs lost, emptied factories, communities destroyed, hunger and human suffering.

I think people on this website all too often miss the human element when they cheer recession.
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Re: Engdahl: "US Looking At 10-Year Period Of "Pure Hell"

Unread postby vision-master » Wed 11 Feb 2009, 16:18:57

My brother has $40 to live on until March 1st!
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Re: Engdahl: "US Looking At 10-Year Period Of "Pure Hell"

Unread postby bratticus » Wed 11 Feb 2009, 17:17:44

$this->bbcode_second_pass_quote('Tyler_JC', 'T')he purported war-profiteers will keep their positions of power and the little people will suffer horribly.

Even if some of the "evil" rich do suffer, it's a Pyrrhic victory. The disenfranchised will always suffer the sting of economic depression worse than anyone else.


$this->bbcode_second_pass_quote('', '[')b]Suicide marks demise of the tiger economy

... skip ...

THE car park of St Mochta's Church in Porterstown, Castleknock, west Dublin, was full of 4x4s, its pews a swathe of black fur coats, expensive bags and designer sunglasses. As lawyers, models, politicians, broadcasters and sportsmen bowed their heads, it seemed as if all the city's jet set had come to say goodbye to Patrick Rocca: poster boy for the rise of the Celtic Tiger economy, and now potent symbol of its demise.

... skip ...

As Rocca's coffin arrived at the church in a Bentley hearse, the mourners – who included Irish goalkeeper Shay Given and Bertie Ahern's ex-wife Miriam – must have felt they were marking the end not only of one of the country's biggest success stories, but of an unprecedented era of wealth and ostentation. In the 10 years after Ireland joined the euro, its economy seemed to boom: Dublin, once a byword for deprivation, was transformed into a nouveau-riche paradise, full of property millionaires who flaunted their success with flash cars, flash clothes and a 24/7 party scene. With them came nightclubs like Krystle, whose VIP section boasts a giant bed where customers can lie and watch football on a huge screen. And in tow was a battalion of WAGS, with their fake tans, their bling and their taste for champagne.

... snip ...
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Re: Engdahl: "US Looking At 10-Year Period Of "Pure Hell"

Unread postby Leutnant » Wed 11 Feb 2009, 19:55:52

Will this mean that the bottom is going to fall out of the oil market since the US is such a big part of global oil consumption?


$this->bbcode_second_pass_quote('vision-master', 'M')y brother has $40 to live on until March 1st!

But surely even a tramp like him, no matter what happens, he knows there's a brother somewhere who will never refuse him a bowl of soup?
'To he who has a hammer, all problems look like nails.'
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Re: Engdahl: "US Looking At 10-Year Period Of "Pure Hell"

Unread postby Daniel_Plainview » Wed 11 Feb 2009, 20:42:13

$this->bbcode_second_pass_quote('Carlhole', ' ')He says the European situation is “differentiated,” that “it’s a little bit different from what’s going on in North America, especially in the United States.” In Europe, he explains, “it is more an indirect knock-on effect of the United States financial meltdown.” He says the question now is whether the European Union is going to try and decouple its dependency on the US dollar and begin to form regional currency blocks like many nations around the world are starting to do.

Let's all hope he's wrong as hell this time about the American economy.


With few exceptions, I believe that European countries will suffer at least as much as the US. Engdahl is not particularly persuasive with his arguments that Europe won't fall as hard as America, especially in light of the fact that (1) European banks are more leveraged than US banks; (2) Europe got suckered into purchasing derivatives bigtime; and (3) Europe's real estate sectors are just as bad as the US (esp. Spain, Ireland, and the UK)

Europe is going down along with the US.
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Re: Engdahl: "US Looking At 10-Year Period Of "Pure Hell"

Unread postby AirlinePilot » Thu 12 Feb 2009, 14:47:13

$this->bbcode_second_pass_quote('Specop_007', '
')Oh jeez.

Yeah and the moon landings were faked and Bush is a giant lizard.

I swear to Christ the more technologically advanced we get, the dumber we become. I mean really. Genocide? Genocide? Could you even tell us the definition of that word without looking it up or do you just throw it out there as some type of shock and awe type word. One of those catchy eye grabbers.

And what exactly is "etc etc"? Is that where you run out of catchy propaganda to spew out on the monitor so just let it trail off and hope other like minded fools will nod knowingly and agree "oh yes, oh yes. Its terrible" and then you can all pat each other on the back?


PRICELESS!!! My entertainment for the day...thanks. ;)
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William Engdahl: "The Gods Of Money"

Unread postby Carlhole » Thu 08 Apr 2010, 00:26:45

RT

$this->bbcode_second_pass_quote('', 'R')T speaks to renowned economist William Engdahl, who shares his views on the recent Greek crisis, and the role American corporations played in it.


He talks about the schizophrenia of the European elites who are torn between the East and West. Interesting.

Endahl has a more conspiratorial take on history than you read about in schoolbooks. Even so, he NEVER talks about 911. "The Gods Of Money" is his most recent book. I used to devour everything he wrote in 2004-05, but have some skepticism now.

He wrote a book about the history of petroleum and finance called "A Century Of War: Anglo-American Oil Geopolitics And The New World Order". Then, in 2007 he came out with an article in 2007:

Confessions Of An Ex-Peak Oil Believer
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Re: William Engdahl: "The Gods Of Money"

Unread postby Plantagenet » Thu 08 Apr 2010, 13:44:39

How can you put any credence in someone who believes in abiotic oil and trashed the peak oil theory in 2007, a year before oil shortages in 2008 caused oil to go to $140/barrel and crash the world economy?

You can't get much more wrong then that :roll:
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Re: William Engdahl: "The Gods Of Money"

Unread postby threadbear » Thu 08 Apr 2010, 15:07:59

$this->bbcode_second_pass_quote('Plantagenet', 'H')ow can you put any credence in someone who believes in abiotic oil and trashed the peak oil theory in 2007, a year before oil shortages in 2008 caused oil to go to $140/barrel and crash the world economy?

You can't get much more wrong then that :roll:

Engdahl has been correct about oil, much more so than many on this forum. Your analysis doesn't include the subsequent drop in oil to something like 35 bucks a barrel. That fact alone absolves Enghdal of your charges.
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Re: William Engdahl: "The Gods Of Money"

Unread postby Plantagenet » Thu 08 Apr 2010, 19:00:47

$this->bbcode_second_pass_quote('threadbear', '')$this->bbcode_second_pass_quote('Plantagenet', 'H')ow can you put any credence in someone who believes in abiotic oil and trashed the peak oil theory in 2007, a year before oil shortages in 2008 caused oil to go to $140/barrel and crash the world economy?

You can't get much more wrong then that :roll:


Engdahl has been correct about oil, much more so than many on this forum. Your analysis doesn't include the subsequent drop in oil to something like 35 bucks a barrel. That fact alone absolves Enghdal of your charges.


Not so. Its silly to think the price drop in 2009 to 35 bucks a barrel disproves peak oil.

Oil didn't drop to 35 bucks a barrel because the oil supply suddenly increased...it dropped to $35/bbl because oil demand dropped precipitously during the economic recession triggered when the tight oil supply took the price up to $145 bbl.

Wild oscillations in oil prices and short cycles of boom and bust in global economies don't disprove peak oil-----they are exactly what should be expected as the post 2005 global oil production plateau due to peak oil causes oil prices to rise and the concomitant restrictions in global economic growth cause economic growth to falter and the price of oil to temporarily fall again.. :)
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Re: William Engdahl: "The Gods Of Money"

Unread postby pablonite » Fri 09 Apr 2010, 17:22:51

Skeptical is good. Here is the profile on Engdahl.

http://globalresearch.ca/index.php?cont ... me=Engdahl

Good point, I don't see a single reference to 9/11 even though every single article authored by Engahl has a geopolitical slant. Well, the first rule of disinformation is to avoid talking about it. "It" being the subject of disinformation.

$this->bbcode_second_pass_quote('', ' ')Iraq and the Problem of Peak Oil
- by F. William Engdahl - 2004-08-06
It is increasingly clear that the US occupation of Iraq is about control of global oil resources. Control, however, in a situation where world oil supplies are far more limited than most of the world has been led to believe. If the following is accurate, the Iraq war is but the first in a major battle over global energy resources, a battle which will be more intense than any oil war to date.


http://globalresearch.ca/index.php?context=va&aid=499

I can't get this article to load? Hmmm. :lol:

On the other hand there is no shortage of 9/11 truth and oil related articles on the global research site but I have grown skeptical of the sites bias towards socialism that crops up in every 10th article. It's all Hegelian nonsense anyway and has been for hundreds of years now.

In true Hegelian fashion, you can say you firmly believe the recent spike in oil prices was due to a physical shortage in oil and you would have a high probability of being right. But you can never be sure! The only answer lies in more debate :lol:
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