Authored by James Howard Kunstler,
“Trump has done so much damage to libtardery that the Democrats will need a decade of uninterrupted power to undo it, which they're not going to get.”
If you learned anything from this week’s extravaganza in Beijing, it is that DonaldTrump is aggressively re-aligning world relations so that the USA does not end up one of the losers in the global resource scramble that lurks darkly behind all current events.
China does not intend to be an eventual loser, either, though it has lost a lot of traction lately.
The Eurolands are certainly the main losers,embracing loserdom as the old and sick long for death.
India and some of the BRICs countries, are looking a little loser-ish just now.
The primary resource all nations scramble for is oil.Without lavish supplies of oil, you can’t have an advanced techno-industrial economy and, as the feckless Eurolanders learned the hard way, there really isn’t an adequate substitute for oil. The flow of oil depends on economically producible reserves of oil country-by-country, but also on geographic advantage, as we are learning just now in the Hormuz crisis.
“Europe’s crude oil production started its permanent decline in 2001. Asia-Pacific’s production hit a maximum in 2010, and it has been declining since. Africa’s peak oil production took place in 2008, and it has been mostly declining since.”
- Gail Tverberg,OurFiniteWorld.com
Also, turns out, the peak oil story is still real, despite fifteen years of shale oil miracles.
Source: ZeroHedge News
