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Wednesday, August 10, 2011

RE LETS JUST SAY A FEW WORDS HERE ABOUT CRUDE OIL SINCE IT IS ONE OF THE FEW THINGS GOING UP

Nobody wants to really get too specific about it, but at some remote day, maybe not so very remote, it is going to run out. 


It is what is called a 'wasting asset', if you know what I mean. 
It is not sustainable. it does not replenish. 
You can't make it, at least not now, not economically.


Much of it is still in, shall we say, increasingly hostile territory.


The long term US policy toward petroleum has been a misguided embarrassment.


No one sees that more clearly than our adversaries, who would really want all of it that is left, before it is all gone, 


now that we have long used a lot of it mainly to boom them into contention against us for the rest of it!


The other big point is that almost everything about the industrial world since 1900 or so, has been driven by oil.


What are some implications going forward? 


Globalist marketist expansion is predicated on limitless expansion, as a practicality.


But it turns out that limitless expansion is not an option, for anyone, anymore, not just the West, 


which had the idea in the first place.

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