Joined: May 20, 2005 Posts: 56 Location: United Kingdom
Posted: Fri May 27, 2005 5:44 pm Post subject:
Yes, not in 2008, but what about 2018 or 2028? By then we might not have electricity left anywhere. The wars and destruction that accompanies them will be over and the human race will be picking up the pieces. We will certainly have stepped back maybe 150 years? Much knowledge will be lost. Life could be at a susistance level where anything that doesn't help you survive on a day to day basis becomes irrelevant and thus forgotten. How long would the good old days take to disappear? All worst case thoughts, but imo definately not beyond the realms of possibility.
Joined: Oct 15, 2004 Posts: 2185 Location: Arkansas
Posted: Fri May 27, 2005 7:20 pm Post subject:
All I know is this, Duncan made predictions and gave timelines, so far, everything seems to be fairly accurate. He predicted blackouts before there were any, and the evidence of more and more blackouts keeps mounting, to include studies from various energy groups that say not enough is being put into growth of the electric grid. So, even though you may not agree with his theory, the proof is in the facts, and each year, with more and more blackouts occuring, seems that serious consideration should be given
Joined: Oct 15, 2004 Posts: 2185 Location: Arkansas
Posted: Thu Jun 02, 2005 9:20 pm Post subject:
Yet another entity says there will be power shortages by2007. Notice on the news forum on this site today that the Canadian NEB warns of power problems in 2 years. All you guys still think Duncan is off his rocker?
i just dont see the human race reverting to the stone age in 2008. anyone agree?
Let's conduct a thought experiment. Suppose that, for some undefined reason, we don't have a dependable electricity. That implies no refrigeration and no electric lighting. It will impede medical care, unless hospitals have reliable generators. It would impede communications.
Perhaps we would not be in the stone age. But without electricity, we would quickly return to the civil war era, IMO.
Joined: May 20, 2005 Posts: 204 Location: Austin, Tx
Posted: Fri Jun 03, 2005 7:18 am Post subject:
seahorse2 wrote:
Moscow just had unexplained blackouts, widely reported. Is this the future predicted by Duncan? The evidence keeps mounting.
India and Russia having blackouts is hardly indicative of the end of civilization. India never had the infrastructure (also note that it is poor districts in India suffering blackouts--the rich get to keep the lights on); Russia has not had the money to invest in infrastructure, and the US also has a deteriorating grid. I think infrastructrure problems are a big part of blackouts. Now whether we (or any other country) has the money and the will to replace their grids is another question. But it can be done so long as we have oil (for manufacturing and driving around laying all the lines down, etc.). So we have a window there. I think calling it the end is a bit premature.
Joined: May 20, 2005 Posts: 204 Location: Austin, Tx
Posted: Fri Jun 03, 2005 7:21 am Post subject:
Just wanted to added that obviously the window I speak of assumes we bring new nuclear plants online at a nice clip and institute conservation measures. Neither of which is likely to happen in a timely fashion of course, so maybe we are screwed.
Its not just Russia, India and China. Read this whole ongoing topic. The Candadian NEB is predicting power shortages in 2 years, and they're not some third world country. The same is true for Europe, which on an early post, is also predicting power problems if serious infrastructure development isn't undertaken. Finally, the good old USA, after our NE power outage, we publicly proclaimed we have to spend all this money to update and improve our antiquated system, which we have not done. Of course, as anyone on this forum knows, its not just coming up with the money to build and improve the necessary electrical infrastructure, its finding the source to fuel the plants, be it natural gas (not), coal or nuclear (unlikely). Bottom line is, everycountry in the world talks of a growing electrical problem, no one is doing anything about it. But, back to Duncan, he predicted all this long before it was a public topic. He gave a fairly specific timely, and I end again by saying his original 2012 time line seems to be pretty accurate.
the Olduvai slide (2000-2012) - 'may resemble the "Great Depression" of 1929 to 1939: unemployment, breadlines, and homelessness'
70% of households in America own their own homes. Where's all the homelessness? I see a heck of a lot of new homes being built. Who's buying them? Ghosts?
Joined: May 20, 2005 Posts: 204 Location: Austin, Tx
Posted: Mon Jun 06, 2005 7:06 pm Post subject:
PeakKYJelly wrote:
the Olduvai slide (2000-2012) - 'may resemble the "Great Depression" of 1929 to 1939: unemployment, breadlines, and homelessness'
70% of households in America own their own homes. Where's all the homelessness? I see a heck of a lot of new homes being built. Who's buying them? Ghosts?
Speculators are buying a lot of them. I see many housing developments being bought up entirely before they even break ground, and in recently built complexes, many units are put back on the market soon after they're built. A lot of the growth is speculators selling to other speculators--not people buying houses to live in.
Joined: Aug 14, 2004 Posts: 2066 Location: San Diego, Ca.
Posted: Mon Jun 06, 2005 7:16 pm Post subject:
Quote:
70% of households in America own their own homes. Where's all the homelessness? I see a heck of a lot of new homes being built. Who's buying them? Ghosts?
A lot can happen between now and 2012. What would double digit interest rates such as %15 do to the housing market? _________________ "Peak oil isn't more than an interesting industry factoid and doesn't have anything to do with the hysterics speculated on ad nauseum around here!" ReserveGrowthRulz
Joined: Oct 15, 2004 Posts: 2185 Location: Arkansas
Posted: Mon Jun 06, 2005 9:06 pm Post subject:
peakkyjelly,
Whether Americans own homes has nothing to do with the Duncan theory. Basically he says that as population grows, there's less energy to go around, the system becomes strained and eventually breaks down. Now, whether all Americans rent, own, or something in between has nothing to do with that theory. Again, he says that this energy problem will ultimately manifest in power blackouts. Are you disputing the power blackouts? If you read this forum in its entirety, there are already signs of problems with our grid in the U.S. and abroad, and not just third world countries. Both Canada and Europe have stated that without massive infusion of investment we can expect power shortages. So, again I ask, how are we not tracking Duncan's basic premise?
I would also ask that you read his basic timeline, wherein he predicts the slide from 2000-2012 to start with economic problems. Remember, he was writing this in the heydey of the stock market and before the crash and recession of 2001. Who else predicted this? We still have not returned to the stock market highs of 2000. Unemployment is up since 2000, real wages have not kept up with inflation, and inflation is reering its ugly head, the dollar has dropped in value 30% since 2000, the fed is trying to rear in inflation, which gov't stats don't include energy and food prices in bc they are too volatile (not crap, but its they are the things we all must buy). So, are we in a depression like 1929? No, but are we in a precarious situation with Americans and their gov't up to debt to their eyeballs, you bet. So, don't let the percentage of "homeownership" draw you into a since of complacency. All those workers at GM may now be homeowners, but that may not last too long, same with the UAL employees.
As Ludi said, paying off a mortage does not mean you own the house.
Lose job, no payments = Out you go
Sounds pretty homeless to me. _________________ "One minute I held the key, next the walls were closed on me, and I discovered that my castle stands upon pillars of salt and pillars of sand."
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