Better Make Certain to Get Your End-of-Civilization-as-We-Know-It Pants Back from the Cleaners Before 2015
As most rational people understand, the world will probably not — as many people believe has been predicted by the Mayan calendar — be coming to an end in 2012.
No, the End of Days will, in all likelihood, be postponed for about three or so years when all the oil runs out…
The US military has warned that surplus oil production capacity could disappear within two years and there could be serious shortages by 2015 with a significant economic and political impact…
"By 2012, surplus oil production capacity could entirely disappear, and as early as 2015, the shortfall in output could reach nearly 10 million barrels per day," says the report, which has a foreword by a senior commander, General James N Mattis.
It adds: "While it is difficult to predict precisely what economic, political, and strategic effects such a shortfall might produce, it surely would reduce the prospects for growth in both the developing and developed worlds. Such an economic slowdown would exacerbate other unresolved tensions, push fragile and failing states further down the path toward collapse, and perhaps have serious economic impact on both China and India."
Good thing the U.S. is not economically linked to China in any way. Or completely dependent upon petroleum for everything from transportation to food production. Or in complete denial about this whole issue.
We should come out of this just fine.
I said, we should come out of this just fine.
Tags: Armageddon, China, Energy & Oil, India, Military, Money