Re: The writing is on the wall

"travisgod@xxxxxxxxxxxxxxx" <travisgod@xxxxxxx> wrote in
news:1188928030.214690.269260@xxxxxxxxxxxxxxxxxxxxxxxxxxx:

On Aug 31, 8:22 pm, "nemo_outis" <a...@xxxxxxx> wrote:
And Russia is now "uncollapsing" - bigtime. A veritable Phoenix,
risen from the ashes.

Regards.

This is a temporary condition. Follow Russia's oil production curve.
EVERYTHING follows the production curve.

You have let peak oil become a monomania. Yes, it's important, but it
does not dominate everything else. On a worldwide basis we are just
hitting peak oil - while it will pinch, there are several decades to come
before oil comes close to running out. The demand side will adjust -
without crippling economies!

Russia, besides being the greatest exporter of natural gas and number 2
in oil, has by far the greatest stock of natural resources in the world
in other areas as well. I expect it to be a major force on the world
stage for decades. If the China alliance through SCO holds I expect that
it will be even more powerful.

China is the rising giant - just plain unstoppable (even ignoring that
it's the US' banker these days and can squeeze US balls mightily). The
question is when will Japan fall out of US ambit and align itself with
China (a far more natural trading partner). The power of an aligned
China/Japan (even just as a trade alliance) will dwarf the power of the
US.

Regards,

PS In short, the US had its chance as sole global superpower from 89 to
07 - and largely squandered it! Now the future is multipolar. (And it's
fun to watch the lesser powers do their dance as they realign themselves
in recognition of this (even, for instance, SA and the Gulf states are
slipping away). The sun is setting - setting fast! - on the US Empire.

.

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