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Like the illusion of Wall Street, with its vast and powerful investment banks, now shuttered, China too is an illusion perpetuated by the Globalists that gave us the 15,000 mile Caesar salad, poisoned cat food and lead based paint on babies' pacifiers. Like the illusion that money would come from thin air to always push housing prices higher, China has spent a generation pursuing its illusion. Pursuing an unattainable dream to be like the West, while 6000 years of its carefully shepherded top soil blows into the sea.

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Peakoil.com :: View topic - Current western Economic system has failed: Official
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Current western Economic system has failed: Official
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ejacob3
Tar Sands
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Joined: Jan 21, 2005
Posts: 68
Location: Minneaoplis, MN

PostPosted: Fri Jan 27, 2006 7:00 am    Post subject: Re: Current western Economic system has failed: Official Add User to Ignore List Reply with quote

elroy wrote:
So we in the west have gained all this wealth through hundreds of years of opression, colonization, trade barriers, and now the third world is in poverty, desperate, and we tell em 'Sorry, you guys can't play this game with us. World simply isn't sufficient. ' Damn straight they'd say Fark you to us.


Spot on! All relates back to the propagation of our capitalism way of life. We'll use anything to rationalize it (religion, racism, democracy, etc. all of which seem to blur together).

End result is war and violence. Sure you can argue with me that we are advanced now and optomistic but if history is any guage as to our behavior, stand by to stand by.
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sventvkg
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Joined: Oct 28, 2004
Posts: 124

PostPosted: Fri Jan 27, 2006 7:23 am    Post subject: Re: Current western Economic system has failed: Official Add User to Ignore List Reply with quote

venky wrote:
As an Indian, my first instinct on reading this was to say 'screw you'. Ofcourse I understand that resource constraints will prevent India and China from ever reaching current western standards of living without wrecking our planet. However, calls from the energy wasteful west on India and China to cut down their consumption will be met with outright rejection and hostility.

I kind of agree with Jack, we will not stop consuming unless we are compelled to.


I couldn't agree with you more Venky..Who the heck are we in the West to pass judgement on anyone else? I will say that the Capitalistic model of ever expanding economic growth is not sustainable for anyone and the system is doomed. I say bring the crash on!
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Ludi
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PostPosted: Fri Jan 27, 2006 7:29 am    Post subject: Re: Current western Economic system has failed: Official Add User to Ignore List Reply with quote

It would hardly be fair for the West to say " screw you jack, I've got mine" and continue our own wasteful ways. If we want China and India to reduce consumption, we in the West must do it first.

Fat chance.
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Wildwell
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PostPosted: Fri Jan 27, 2006 7:53 am    Post subject: Re: Current western Economic system has failed: Official Add User to Ignore List Reply with quote

My thoughts is business will keeping shifting operations out there, because of the substantially lower cost base.

Effectively the west will be competing with an area of the world with less human rights, more corruption, less costs.

When oil gets expensive, Americans will be travelling in SUVs on roads that can only handle 4 or 5 thousand people an hour, powered by finite and increasingly expensive oil. Meanwhile the Chinese and Indians will be on their new rail lines shifting 100,000 people an hour (they are already building these) run on renewable energy.

You tell me who is going to win the end game?

I find it ironic we promote democracy and Hamas gets voted in.

We promote technology, which is then used against us.

We promote a lifestyle, which is unsustainable.


Last edited by Wildwell on Fri Jan 27, 2006 4:38 pm; edited 1 time in total
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thor
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Joined: Jun 21, 2005
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PostPosted: Fri Jan 27, 2006 9:19 am    Post subject: Re: Current western Economic system has failed: Official Add User to Ignore List Reply with quote

Wildwell wrote:

We promote technology, which is then used against us.


The problem with the West is that it developed a technological society over the centuries: Our societies went from crawling, walking and then into a running mode. Once we entered the running mode, we transferred the manufacturing base and knowledge to rather overpopulated countries that were less technocratic and extremely cheap labour wise. As a result, these countries somehow went from crawling straight into running mode and are now using that added momentum of new technologies to overtake the West's speed. Because people in the East remain cheap and oversupplied induces anorganic growth in regions that can be "exploited" for their labour. Globalism is a double edged sword.
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Eli
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Joined: Jun 18, 2005
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PostPosted: Fri Jan 27, 2006 9:59 am    Post subject: Re: Current western Economic system has failed: Official Add User to Ignore List Reply with quote

Wildwell wrote:


You tell me who is going to win the end game?


No one will win this game. The US and the West will go out kicking and screaming and for all their quick growth places like China and India are not going to become some sort of new Shangri-La.

Their growth has brought with it just as many problems and their populations still have large amounts of crushing poverty. They come very far only to watch the Brave New World just on the horizon slide out view has higher and higher energy costs begin to smother the world economy.

Their growth in recent years is directly tied to western consumption without that there is nothing to outsource and no one to sell trinkets to, the promises and riches of gobalization will become a bitter trap.
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