The Double Dip

mariaalice

sensible side says ....we don't seem to know what is really going on... i do thing we are on the cusp of some big changes in the world but nobody and i mean nobody seem to be able to understand what they are.

Example on the one side you have the argument that we have reached peak oil and that renewable sources of energy will never fill the vacuum which will inevitability lead to a fight for dwindling resonance and then some sort of Armageddon.

V

We are at the dawn of a new age of renewable resonance and new technologies which will mean that while things wont be quite the same we will still be grand.

One small but relevant point the population of the world is falling not increasing.

mariaalice

on the other had double dip always put me in mind of a biscuit that had chocolate on both sides

Amhran Nua

Wertz wrote: »

Plastics (hundreds of types), airline fuel and heavy marine fuel oil are a problem to substitute currently. All are vital to the world economy, especially those involved in transport of people or resources...wihtout them or with a huge jump in their prices, the global economy just can't function in the way we've become dependant on...

Well to wrap it up lets just say that at a minimum, putting electric or short run electric cars on the road should take most of the pressure off existing supplies until we get the other plastic and diesel producing technologies (which are already operating) scaled up to an industrial level.

Mr Benevolent

What the hell have wind turbines got to do with porn?

bnt

There's a good summary of the Irish situation here:

Under the current program, we estimate each Irish family of four will be liable for 200,000 euros in public debt by 2015. There are only 73,000 children born into the country each year, and these children will be paying off debts for decades to come – as well as needing to accept much greater austerity than has already been implemented. There is no doubt that social welfare systems, health care and education spending will decline sharply.
Watch for renewed emigration from a famously footloose population. If current policies continue, the calamity of the Irish banking system will lead to a much deeper recession and the consequences will be felt for decades.