Debt Rattle December 2 2014
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‘Daly’ Store, Manning, South Carolina July 1941 • Canadian Natural Resources Chairman Sees Oil Touching $30 A Barrel (NatPost) • Banks’ $650 Billion B
[See the full post at: Debt Rattle December 2 2014]And why does it take 2 years to get this out into the open?
• Leak at Federal Reserve Revealed Confidential Bond-Buying Details (ProPublica)
Corruption at all levels.
These are people with immense power, allowed to meet in secret, to discuss monetary policy for the nation and perhaps the world.
What topic should be more open and subject to public scrutiny at meetings?
You can bet this is no isolated instance.
So, this is all fun and games. It reminds (interesting word; re mind) me of the Matrix.
The gods of the fury down-siding reign, until the gods of the fury up-siding gain purchase.
And we, the unwashed, have the best seats in the house, if only we can have the presence of mind to watch….
It’s quite a ride, all in all, no? 😉Most people don’t get the resource war thinking and how oil is involved. This is similar to siege tactics. Force the opposing side to consume their resources first in a costly fashion who ever is left is the commander of resources for the world.
Being commander of the resources of the world sounds great but there is a problem. You have certain needs as well and must make sure enough consumption to satisfy your needs. So you will be forced to feed enough manufacturing to your satisfy needs but not so much that manufacturing is able to gain the upper hand forcing you to sell resources at ever lower prices. If resource empire handles one level of pain and manufacturing empire handles a lower level of pain you are good and in control. If resource empire can’t handle a level of pain that manufacturing is fully willing to handle you have lost control.
I guarantee that the military thinks this way. I have come accross military communications. Its not a military secret.
What will oil prices be in the future – unstable. Prices are limited by the scarcity and the consumer’s capital. If what we are looking at is peak resources – which I believe we are – some things will happen. Prices will be unstable. Capitalism will have a growing inability to handle oil – investors will lose money. Population growth will end. Manufacturing will also be, in total, not growing but shrinking.
All doom and gloom – NO. The environment will improve with slower use of resources. We will reclaim landfill waste into resources. We will extend the use of manufactured products much longer.
We will be forced to another view where resources in the ground are savings in the bank and consuming those resources are an expence. Current capitalistic view is the consumption of resources is called profit. So when GM produces more cars it is profitable yet what they have really done is consume. Either capitalism dies or we do and right now its still a choice we can make.
Its not the end of the world but an exciting new beginning. There was a time when Kings and Queens ruled the world. A concept of democracy and people’s current world ended. Complete dread and fear yet the end result was an improvement. Hopefully we can find something to replace capitalism in the same way. No country can survive based on short sighted views that depleteing resources faster for the purposes of export is the solution to everything – that is exactly what American fracking is doing.
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