geekhack Community > Off Topic
The Economic Collapse
tp4tissue:
You're not panicked enough.
It's been about a week, Nothing in the news talking about the pumping station and reciever station of the sa ud1, East-West p1 p,line being destoryed,
This line was responsible for 7 mil barrels.
Each mil is about 1% of global oil.
To say the averge person is clueless, is an understatement. The problem we'll soon face, is that in less than 1 month, the petrol reserve is fully caput.
A guy is dying dying dying, until one day, the door slams shut.
tp4tissue:
So why did we dnfentd the Yen.
Welllll, because if we didn't, it'd blow up, AND They'd have to SELLL THEIR DOLLARRZZ..
We threw ur000p under the bus, just like that, THE POINT IS though, this is extremely TEMPORARY.
Jpn is in a special position also because of the SIZE of their US Bnd holdings.
The OTHER glaring omission in the media, is that Jpn is in serious DIRE STRIETSz on OIL.
ALL of their refineries are setup for Mid-ezzz crude oil, These are not readily convertible.
If they don't haz OIL, their economi stalls, THEY CAN'T MAKE STUFF, if you can't make STUFF, people can't PAY YOU.
Enter bail-outs.
Bail-outs which merely amount to more inflation/ more printing/ MORE PROBLEMS with debt and yields.
tp4tissue:
The way our econom works mathematically today, is that it MUST GROW, or it will IMPLODE.
But if you reduce ENERGY, or in this case CUT OFF nearly 33% of all diesel, WELLLLLLL, what E(on0 mi is there left to Speak OF ??
Anything and everything is OIL. EVERYTHING.
Our economee is no longer Mathematically Relevant.
tp4tissue:
Gold is the world's oldest Pokemon Cards.
The "Play" is not foolproof.
If a castle is under-siege, the princess will trade her pearls for bread and potatoes, this works until the king has to sell the princess for bread and potatoes.
This tells you something. A true hoard-able resource has to have REAL Utility.
What we're witnessing is simply a millennia history of assets being mis-priced.
OIL / LNG is the source of ALL BREAD.
You need haberbosch to make nitrogen fertilizer. 50-70% of the nitrogen in a human body comes from haber bosch.
YOU ARE MADE WITH OIL / LNG.
Food that is grown must then tended by TRACTORS and shipped by TRUCKS, ALL RUNNING ON DIESEL.
GOLD is no more sturdier or flimsier than ANY FIAT.
tp4tissue:
People FAIL to understand Technology.
The further, YOU TECH UP, the more FRAGILE the systems.
How fragile is a chair, you can kick it across the room, some glue, maybe, STILL 100% Chair.
How fragile is a computer, you can LOOK at the damn thing wrong, Touch it the wrong way, a tiny spark can fry/ break it.
The (i_A's been working on global threats for decades now, IN THEIR UNPUBLISHED memoirs, they admit, 5 guyz with ak47s, can take down the entire eastern or western power grid. And we'd be sitting in the dark for MONTHS.
THAT is how fragile electrical distribution systems are. RELIANCE on SuPER-Transformerz, which are mostly produced by CHINA, and you have to order them 5 YEARS in advance.
They contain large quantities of RARE elemetns produced in suitable quantities in NO OTHER THAN CHINA.
The idea of MILITARIST IMPERIALISM is OBSOLETE.
TP4 did some cursory calculations, if Jina diverted 0.1% of their economy to producing basic atk-dronz, it is roughly 100,000,000 Units, That's 100 MILLION units.. Population of britain is 69Mil..
These things fly, have top speed of 115mph, 2,500km-4,000km range, delivers roughly the xplodz power of a 155mm m0rter shell.
Unjammable, satellite guidance, 3D positioning precision within 0.5-1.5meters.
We are incredibly lucky, that Jina isn't like us.
Navigation
[0] Message Index
[#] Next page
[*] Previous page
Go to full version