Prono 007 wrote:
'Interesting' ??? That's got to be the understatement of the year.
I suspect next year will be an order of magnitude more interesting still.
Bloody Mayans!
I sometimes wonder if the more people believe something, the more likely it is to come true So maybe my doomer thoughts are hastening the collapse of civilisation.
"We're just waiting, looking skyward as the days go down / Someone promised there'd be answers if we stayed around."
TroubledTimes wrote:An opinion on the potential fall-out if Saudi Arabia goes the same way as Egypt and Libya:
'World economy will fall if revolts spread to S. Arabia'
By BEN HARTMAN
02/24/2011 04:47
Israeli security expert Gal Luft tells 'Post' that military intervention won’t help, stresses importance of breaking oil’s monopoly on transport.
Talkbacks (7)
“If something like we have seen in Egypt or Libya happens in Saudi Arabia, we’re talking about a catastrophic scenario that will bring a global economic meltdown.”
the_lyniezian wrote:Getting the picture it may be too late to consider changing our modes of transport, the way things are moving so quickly...
This is what I've always thought. I think the transition movement hugely underestimates the scale of the logistical task of moving smoothly to a low-carbon economy. Most significantly, you can't do it without telling the public what's going on, and once you've told the public what's going on, you won't be able to do it, because there'll be chaos. A classic double bind.
"We're just waiting, looking skyward as the days go down / Someone promised there'd be answers if we stayed around."
Whilst there is the potential for it all to go horribly wrong, the markets dont appear to consider this to be likely.
Oil prices have fallen significantly in the last few hours.
"Installers and owners of emergency diesels must assume that they will have to run for a week or more"
It has all gone terribly silent on the Beeb... have you noticed that the other 'issues' in the ME have been dumped, with coverage concentrating only on the situation in Libya (crikey, I think I got the spelling right this time!)
Info on SA is very much in the background - don't scare the natives?
Heavy police presence round every mosque in Riyadh but apparantly quiet on the streets there so far. There was a feed saying 'hundreds' on the streets in one of the eastern cities dispersed with tear gas.
TroubledTimes wrote:
And Faux News surprisingly enough:
Why Doesn't Obama Call for Democracy In Saudi Arabia?
Has anyone noticed that President Obama’s newfound affection for democracy in the Middle East has not resulted in a call for an end to the autocratic regime of Saudi Arabia?
TroubledTimes wrote:Two interesting pieces, and the silence from both the US and UK Government is deafening.
They are crapping themselves. We are already in a situation where we don't know whether the Saudis have got enough of the right sort of oil to cover Libyan output which is likely to be gone for some time. On top of that we are sitting at what looks like the middle of the "W" in a probable "double dip recession" and everybody knows that the current price of oil is crippling prospects for growth.
So maybe my doomer thoughts are hastening the collapse of civilisation.
