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Politics : Rat's Nest - Chronicles of Collapse -- Ignore unavailable to you. Want to Upgrade?


To: Wharf Rat who wrote (11609)12/23/2010 11:31:48 PM
From: Wharf Rat  Respond to of 24223
 
Will 2011 be a rerun of 2008? (Longer version)
Posted on December 20, 2010 by gailtheactuary

(Gail totally nailed 2008
Peak Oil and the Financial Markets: A Forecast for 2008
theoildrum.com )
==

A post similar to this is in today’s ASPO-USA Newsletter.

We all remember the oil price run-up (and run back down) of 2008. Now, with prices similar to where they were in the fall of 2007, the question quite naturally arises as to whether we are headed for another similar scenario.

Of course, we know that the scenario cannot really be the same. World economies are now much weaker than in late 2007. Several countries are having problems with debt, even with oil at its current price. If the oil price rises by $20 or $30 or $40 barrel, we can be pretty sure that those countries will be in much worse financial condition. And while governments have learned to deal with collapsing banks, citizens have a “been there, done that” attitude. They may not be as willing to bail out banks that seem to be contributing to the problems of the day.

If we look back at what happened three years ago, there was a huge run up in the price of oil, but very little change in oil supply.

ourfiniteworld.com



To: Wharf Rat who wrote (11609)12/27/2010 1:45:11 AM
From: Wharf Rat  Read Replies (1) | Respond to of 24223
 
What is a Sustainable Living Situation for Future Humans? Part 2
Posted on December 24, 2010 by gailtheactuary

Two days ago, I put up Part 1 of this post by George Mobus, and this is Part 2. You will remember that George is looking forward to some time in the future. At that time, there seem to be a much smaller number of people on earth. In Part 1, George tells us how generally he sees a sustainable living pattern–in communities of about 500 people, located in areas where the climate is favorable, and that soils are favorable, and there is a diversity of plant and animal life. His base case is a low tech society. In this segment, he tells us more about how he would envision such a new society to be organized. His original post on Question Everything can be found here.

The Layout
This figure summarizes some of the above considerations for the conditions needed to support a small society sustainably. It represents what amounts to necessary and sufficient conditions for life that provides opportunities for all members of the community to achieve self-actualization (and meet all of the lower needs) and is sustainable for an indefinite period (until the environment shifts so badly as to make life difficult or invaders arrive).



ourfiniteworld.com