alokin wrote:There are so many negative posts recently about "TSHTF" now, in some weeks, month etc. but the discussion is mostly about the US, sometimes Europe.
How is the situation in other countries?
Here in Australia, everything (at least for us) seems pretty much the same. Nobody I know complains (we don't live in a high incoms suburb). Even car mechanics don't fear for their jobs. Food prices gone up, but it still don't hurt (us) really. High interest rates are worse.
venky wrote:Fuel prices are causing hurt to many folks, but generally speaking it has hardly been catastrophic. Looking around, life seems much the same, the freeways are clogged with traffic, the restaurants are filled with people eating out; most people are driving as much as they want.
Fact is our economies are far more resilient to high oil prices than we thought several years ago. Thats not to say business as usual can go on for ever, but I daresay life as we know it will go continue far longer into to the future than peak oilers may think.
alokin wrote:There are so many negative posts recently about "TSHTF" now, in some weeks, month etc. but the discussion is mostly about the US, sometimes Europe.
How is the situation in other countries?
Here in Australia, everything (at least for us) seems pretty much the same. Nobody I know complains (we don't live in a high incoms suburb). Even car mechanics don't fear for their jobs. Food prices gone up, but it still don't hurt (us) really. High interest rates are worse.
venky wrote:Fuel prices are causing hurt to many folks, but generally speaking it has hardly been catastrophic.
Windmills wrote:There's no catastrophe here in the US at this point. It has only just begun,...
Hogan wrote:JohnDenver wrote:The same is true of Osaka, Japan where I live. If you blindfolded me, put me in a time machine, and then asked me to guess what year I was in -- 2000 with really cheap oil, or 2008 with outrageously expensive oil -- I honestly couldn't tell you, just by looking at the city.
You are hardly a spokesperson for all of Japan, JD. Maybe you should travel around more.
watermelonpunch wrote:But there's nothing to suggest that they're anymore energy conscious than, say, Americans.
mos6507 wrote:watermelonpunch wrote:But there's nothing to suggest that they're anymore energy conscious than, say, Americans.
The crowding in Japan kind of mandates a certain amount of energy efficiency as a byproduct. They don't have the space for McMansions or huge SUVs.
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