Contagion...

Discussion of the latest Peak Oil news (please also check the Website News area below)

Moderator: Peak Moderation

User avatar
UndercoverElephant
Posts: 13501
Joined: 10 Mar 2008, 00:00
Location: UK

Post by UndercoverElephant »

leroy wrote:
woodburner wrote: His avatar suggest he lives in Moscow, but in many posts he states he also lives with his mum and dad. I presume they are also in Moscow then. I wonder if they know.
He lives in Brighton, or at least that's what his location status used to say.
I don't remember that. It's me who lives in Brighton, not LB3.
Nice place when I used to live there in my early 20s, very good nightlife- the reason I went to uni there, and I suppose the stomping ground for many Londoners hedonistic pursuits, but fundamentally not a good place to be for the future for my money. The whole Southeast I would say, really, as its so densely populated, but there is something sinister, a little bit raw about Brighton. There are some deeply deprived areas of poor people beyond the leafy Georgian terraces, extant since Graham Greene's day and before in the seasonal tourist and perilous fishing communities, which seeth with resentment at the moneyed who occupy the seafront and affluent suburban backwaters like Preston Park. Dunno what it is, perhaps the heroin and frayed nature of the general urban fabric there, but I reckon that its going to be a bad one in the long emergency.
I suspect you are right, and I am seriously considering getting out of here next year.
"We fail to mandate economic sanity because our brains are addled by....compassion." (Garrett Hardin)
User avatar
leroy
Posts: 355
Joined: 09 Oct 2007, 19:16

Post by leroy »

Yep, I know you do UE, but I think Beria does too- he went to a permaculture course at Stanmer Park. Maybe you twos should get a pint at Horatio's Bar at the end of Palace Pier :D

Edit: note to self: the people seethe, not seeth.
User avatar
Lord Beria3
Posts: 5066
Joined: 25 Feb 2009, 20:57
Location: Moscow Russia
Contact:

Post by Lord Beria3 »

To clarify...

I did live in Brighton when I did my MA at Sussex uni (my dissertation was on peak oil) but I now live in the Channel Islands.

I don't live in Moscow(!), that is part of my jokey Russian avatar - not to be taken seriously.

In regard to UE comments, this is a interesting question. I often wonder myself what my outlook is - part of me is a fairly bog standard centre-right/Torygraph reading individual e.g. small state, low taxes, libertarian etc but anather part of me recognises that the system is unsustainable, is prone to collapse and WILL collapse at some point in the future.

I 'discovered' Peak Oil in 2003 (when I turned 18 and started uni) so all my adult life I have had this awareness that our current society is unsustainable and like a bubble - its going to slowly or quickly collapse in the future.

The WSWS articles are so good because they capture the fundamental weakness in the current global financial system and how class/social tensions are rising every year. Marc Faber is very close to me in terms of outlook because we both agree that at some point in the future the system WILL collapse.

I don't think I welcome this (for a start, I work for a financial company) but saying that, everything I do is designed to give me a better hope of surviving this transition - when it occurs.

Thats why I go on courses, have learnt how to grow my own food, stockpile water/food at home, buy gold and silver.

Regarding buying property and land. I don't own any at the mo, but if it ever becomes financially feasible I will grab the opportunity because they are a better bet that most other things around.
Peace always has been and always will be an intermittent flash of light in a dark history of warfare, violence, and destruction
snow hope
Posts: 4101
Joined: 24 Nov 2005, 11:09
Location: outside Belfast, N Ireland

Post by snow hope »

Interesting - you're not a *anker are you? :wink: :shock: :lol:
Real money is gold and silver
User avatar
RenewableCandy
Posts: 12777
Joined: 12 Sep 2007, 12:13
Location: York

Post by RenewableCandy »

It's far easier, and cheaper, to buy-and-sell gold on the channel islands than it is here in the mainland UK iirc. Unless the situation's changed since 1982?

Land, however, is a different situation altogether.
Soyez réaliste. Demandez l'impossible.
Stories
The Price of Time
JavaScriptDonkey
Posts: 1683
Joined: 02 Jun 2011, 00:12
Location: SE England

Post by JavaScriptDonkey »

What's jokey about Lavrentiy Beria?
madibe
Posts: 1595
Joined: 23 Jun 2009, 13:00

Post by madibe »

Woodburner wrote:
I've never been to Undergrad. As a result I don't seem to be able to get a ticket to visit Postgrad
LOL

If you live long enough in Universityoftheworldgrad (UOTWG) they will let you visit Postgrad, because essentially Undergrad is a waste of space anyway. The academic tourist police sometimes realise that people from UOTWG actually write the tickets to Postgrad... just that when they where younger Undergrad had not been built and Postgrad was but a twinkle in the eyes of theorists.

Remember that if you have not visited Undergrad or Postgrad you are still worthy of Ubergrad - it has better weather anyway :)
User avatar
Lord Beria3
Posts: 5066
Joined: 25 Feb 2009, 20:57
Location: Moscow Russia
Contact:

Post by Lord Beria3 »

RenewableCandy wrote:It's far easier, and cheaper, to buy-and-sell gold on the channel islands than it is here in the mainland UK iirc. Unless the situation's changed since 1982?

Land, however, is a different situation altogether.
No idea what you are talking about. Wasn't born in 1982.

If I was a banker(!), I would be buying as much farmland as possible. Sadly I am only a humble admin, earning a fairly decent salary but nothing daft.

Regarding Beria, I have read a vast amount on the guy, and I found him fascinating and repulsive. A very smart guy who abolished torture as soon as Stalin died and brought in a matter of months a Gorby style reform agenda yet at the same time under Stalin a evil torturer and Stalinist.

Very complex guy.
Peace always has been and always will be an intermittent flash of light in a dark history of warfare, violence, and destruction
User avatar
biffvernon
Posts: 18538
Joined: 24 Nov 2005, 11:09
Location: Lincolnshire
Contact:

Post by biffvernon »

Lord Beria3 wrote: Wasn't born in 1982.
Gosh, that avatar makes you look a bit older.
User avatar
JohnB
Posts: 6456
Joined: 22 May 2006, 17:42
Location: Beautiful sunny West Wales!

Post by JohnB »

biffvernon wrote:
Lord Beria3 wrote: Wasn't born in 1982.
Gosh, that avatar makes you look a bit older.
It must be the worry from being such a doomer :lol:.
John

Eco-Hamlets UK - Small sustainable neighbourhoods
User avatar
UndercoverElephant
Posts: 13501
Joined: 10 Mar 2008, 00:00
Location: UK

Post by UndercoverElephant »

http://www.bbc.co.uk/news/business-17866382
Spanish unemployment has hit a new record high, official figures have shown.

The number of unemployed people reached 5,639,500 at the end of March, with the unemployment rate hitting 24.4%, the national statistics agency said.

The figures came hours after rating agency Standard & Poor's downgraded Spanish sovereign debt.
So they "saved" Greece to stop the contagion, and it actually worked. Spain is heading towards the abyss for similar reasons that Greece did, but not because of what is happening in Greece!

Trouble is...Spain is unbailoutable, isn't it?
"We fail to mandate economic sanity because our brains are addled by....compassion." (Garrett Hardin)
User avatar
biffvernon
Posts: 18538
Joined: 24 Nov 2005, 11:09
Location: Lincolnshire
Contact:

Post by biffvernon »

Oh look on the bright side. That's 5,639,500 who aren't burning so much fossil carbon.
User avatar
Lord Beria3
Posts: 5066
Joined: 25 Feb 2009, 20:57
Location: Moscow Russia
Contact:

Post by Lord Beria3 »

http://www.ft.com/intl/cms/s/0/4bb383c4 ... z1tKJt9sxk

But it is Mr Hollande’s potential victory in the coming second round of the French elections, and with it a sharp deterioration in sentiment surrounding France’s creditworthiness in the bond market, that many hedge funds are now anticipating.

Indeed, their bets against the bonds of “core” eurozone countries – not just France, but Germany and the Netherlands too – represent a new, deeper level of bearishness on the single currency area’s prospects.
The sovereign debt crisis is spreading from the PIIGS to the core.

How long before the UK loses its AAA rating?
Peace always has been and always will be an intermittent flash of light in a dark history of warfare, violence, and destruction
woodburner
Posts: 4124
Joined: 06 Apr 2009, 22:45

Post by woodburner »

The sooner the better.
User avatar
UndercoverElephant
Posts: 13501
Joined: 10 Mar 2008, 00:00
Location: UK

Post by UndercoverElephant »

Lord Beria3 wrote:http://www.ft.com/intl/cms/s/0/4bb383c4 ... z1tKJt9sxk

But it is Mr Hollande’s potential victory in the coming second round of the French elections, and with it a sharp deterioration in sentiment surrounding France’s creditworthiness in the bond market, that many hedge funds are now anticipating.

Indeed, their bets against the bonds of “core” eurozone countries – not just France, but Germany and the Netherlands too – represent a new, deeper level of bearishness on the single currency area’s prospects.
The sovereign debt crisis is spreading from the PIIGS to the core.

How long before the UK loses its AAA rating?
That depends on two things: how much damage the UK sustains when the eurozone finally does whatever it is going to do, and how long the coalition can stay together and keep all the bankbenchers onboard. Any sign of serious weakness in that coalition and we could see our rating downgraded very quickly.
"We fail to mandate economic sanity because our brains are addled by....compassion." (Garrett Hardin)
Post Reply