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Peakoil.com :: View topic - CNN: Time to consider the 'doomsday scenario'
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CNN: Time to consider the 'doomsday scenario'
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ROCKMAN
Intermediate Crude
Intermediate Crude


Joined: May 27, 2008
Posts: 551
Location: TEXAS

PostPosted: Fri Jul 11, 2008 11:41 am    Post subject: Re: CNN: Time to consider the 'doomsday scenario' Add User to Ignore List Reply with quote

Zardoz,

You may have it upon a key. If Cal were to succeed they could go to the IMF and plead on the basis of "too big to fail" and the world would bail them out.

Hey...it worked for B Sterns
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jedinvest
Heavy Crude
Heavy Crude


Joined: Mar 09, 2007
Posts: 215
Location: No. Calif.

PostPosted: Fri Jul 11, 2008 3:41 pm    Post subject: Re: CNN: Time to consider the 'doomsday scenario' Add User to Ignore List Reply with quote

Zardoz wrote:
ROCKMAN wrote:
...saw a report which showed that if you broke the world up into oil consumers subcompartments, Cal is the 4th largest oil consumer on the planet...

Wow. I guess I shouldn't be surprised by that little stat, though. If California was a sovereign nation, it would have, depending on how you do the calcs, either the 6th, 7th, or 8th-largest economy in the world.

We're going to get our butts kicked so hard when Peak Oil really sets in...


I thought Cal was just the engineering and marketing departments for China?? When China goes under, man (or woman): Are we screwed!
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shortonoil
Fission
Fission


Joined: Dec 02, 2004
Posts: 2403
Location: VA USA

PostPosted: Sat Jul 12, 2008 7:42 pm    Post subject: Re: CNN: Time to consider the 'doomsday scenario' Add User to Ignore List Reply with quote

Zardoz said:

Quote:
We're going to get our butts kicked so hard when Peak Oil really sets in...


Look right, look left; do you see a house that isn’t for sale. Cali is already getting its butt kicked. It just going to get kicked a whole lot harder down the road.

By Christmas - it should be a real HO HO time!
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