Well there goes all that hopium I was breathing in the last few days. Thanks for the sobering update. If we don’t make changes to prevent these restrictions on liberty and human rights from happening again we’re toast. Most people are still focused on the virus and tribal politics while the true enemy is ignored or denied to exist. How can we normalize speaking of this threat when it’s been so successfully hidden in plain view by the rails installed around socially acceptable discourse?
"Korowicz: A study of global system collapse Posted on July 1, 2018 by energyskeptic Preface. I’ve extracted about half of Korowicz’s paper, left out the references, math, charts, and tables, so you might want to read the original document yourself. This is a great explanation – one of the best – of the intertwined spheres of complexity (financial system, supply chains, oil production, electric grid, and so on) and how incredibly fragile this has made civilization, because if one breaks, it crashes the other systems. Then Korowicz describes the feedback loops. For example, if oil prices rise, food prices and the cost of everything else rise since there isn’t anything in society that doesn’t depend on oil, social unrest rises, high oil prices drive businesses bankrupt, the financial system fails, belief in the monetary system and government fails, and so on. Oil prices then drop, exploration and drilling stop and projects are canceled and new ones not started, because the price of oil is so low it’s not economic to do so. When oil shortages begin, the price shoots up, and crashes the financial system again. This is why Gail Tverberg, in her blog ourfiniteworld.com, writes that low oil prices, not may be the sign that peak oil has arrived. Clearly at some point on this ever ratcheting downwards spiral trucks start being unable to pump diesel fuel in some regions or nations, and supply chains start to break. Above all, Korowicz explains why there is likely to be a very fast crash when one of these important hubs fails. Fossil-fueled civilization is not going to fade away over centuries like some of the civilizations ages ago (though it turns out the Mayans, the western Roman empire, and civilization in 1177 B.C., among others, fell rather rapidly, so I don’t know why so many people believe it takes centuries. Perhaps it’s because historians can find events that happen centuries before the collapse helping to trigger it."
Well there goes all that hopium I was breathing in the last few days. Thanks for the sobering update. If we don’t make changes to prevent these restrictions on liberty and human rights from happening again we’re toast. Most people are still focused on the virus and tribal politics while the true enemy is ignored or denied to exist. How can we normalize speaking of this threat when it’s been so successfully hidden in plain view by the rails installed around socially acceptable discourse?
Thanks for riveting analysis as always.
Another CRITICAL element that is mostly ignored is this:
Underneath the financial is the real world run on energy. https://energyskeptic.com/2018/david-korowicz-a-study-of-global-system-collapse/
"Korowicz: A study of global system collapse Posted on July 1, 2018 by energyskeptic Preface. I’ve extracted about half of Korowicz’s paper, left out the references, math, charts, and tables, so you might want to read the original document yourself. This is a great explanation – one of the best – of the intertwined spheres of complexity (financial system, supply chains, oil production, electric grid, and so on) and how incredibly fragile this has made civilization, because if one breaks, it crashes the other systems. Then Korowicz describes the feedback loops. For example, if oil prices rise, food prices and the cost of everything else rise since there isn’t anything in society that doesn’t depend on oil, social unrest rises, high oil prices drive businesses bankrupt, the financial system fails, belief in the monetary system and government fails, and so on. Oil prices then drop, exploration and drilling stop and projects are canceled and new ones not started, because the price of oil is so low it’s not economic to do so. When oil shortages begin, the price shoots up, and crashes the financial system again. This is why Gail Tverberg, in her blog ourfiniteworld.com, writes that low oil prices, not may be the sign that peak oil has arrived. Clearly at some point on this ever ratcheting downwards spiral trucks start being unable to pump diesel fuel in some regions or nations, and supply chains start to break. Above all, Korowicz explains why there is likely to be a very fast crash when one of these important hubs fails. Fossil-fueled civilization is not going to fade away over centuries like some of the civilizations ages ago (though it turns out the Mayans, the western Roman empire, and civilization in 1177 B.C., among others, fell rather rapidly, so I don’t know why so many people believe it takes centuries. Perhaps it’s because historians can find events that happen centuries before the collapse helping to trigger it."