Can We Save the Economic Climate?
By Eric Coltrane
For the last eight months instead of writing articles every month about something that has not been dealt with effectively by any national sovereign, I have been searching for the answers to my own personal inquiries on the world economic situation. Questions that I’m sure many of us would like to know the answers to. Most of the time I could only venture an educated guess. But, interestingly enough, I also found some answers that were truly inspirational.
At first I wanted to know how to solve this mess we are in. It is incredible how many remedies there are out there. We can raise taxes, or we can lower taxes. We can borrow till our ears turn purple, or we can cut spending until we have only a Constable, Mayor, and a councilor or two. We could print money and expand the money supply. We could contract the money supply. We should raise interest rates, on the other hand we should lower them. Congress can regulate Wallstreet, or Congress can just let the Banksters do as they please. We can elect this Uber-politician from the “Right” or this Savior from the “Left”. What I found and what I believe now to be true is that we have gone too far. There is no “saving” the present system as we know it.
The real problem that I see is that we have squandered our wealth. It’s not really our fault and at the same time it is our fault. We allowed ourselves to be conned into thinking we could have it all right now. This didn’t happen overnight. It came about very slowly and furtively. Many believe it was instigated by some elite group of powerful people. They are probably correct, but I don’t think it was a premeditated act to take over the world. I think they just wanted to maintain the power they had and perhaps still have. Only now it may have occurred to them that they desire to take over the world. Who really knows, it is too late anyway. Existing resources are finite and dwindling fast. All Cultural orders are making a power grab for them to preserve their way of life. In my humble opinion, this will progress into a very dangerous state of affairs.
Now my question is how long this system will last? What kind of nightmares will we be subjected to? Many may ask now why I think it will be dreadful? Well ask yourself this question. What will it be like when you can’t find groceries on the super market shelves? What will it be like when you wait hours in line for 10 gallons of gasoline when you desperately needed 50 gallons, or 25 gallons? What if 10 gallons also cost $150.00? We will see these things happen. I think we will see them happen much sooner than countless “experts” disclose. We are seeing a precursor of what I am talking about in the Gulf of Mexico as I write this. The cheap easy Oil is a thing of the past. As we are witnessing in the Gulf, the cost of drilling a well in deep water can be very expensive in more ways than one. Some say there are over a trillion barrels of oil left and more to be discovered and I agree, but at what price? Again ask yourself why we are drilling for oil there? Why aren’t we drilling in the Bakken Formation? Do some research. That oil is not cheap or easy. We have grown exponentially using a cheap source of energy. Now it is running out and we cannot sustain that exponential growth.
So, what about renewable sources of energy? Like I said, we have squandered our wealth. Maybe if we started right now, and used every barrel of oil only for the sake of constructing an infrastructure for renewable energy, and rationed it out for personal use, maybe, just maybe we’d succeed. How many of us do you think will make that kind of sacrifice? Then you have to consider the resources it takes to construct an infrastructure of that nature. Not many people get a sense of what it requires to build that. I would say not many care, or if they do care the system is not conducive to change of that nature. Now I’m just preparing for the worst and hoping for the best. If you have any sense of what I’m telling you, you’ll do the same. Then again, I could be totally wrong.