What will happen to these African and middle eastern countries when the world moves away from oil, or worse, runs out of it? There will be people that still live in relative wealth, but a huge portion of the population will be begging, with nothing to live for. It is amazing how the world continues on its merry way, even towards doom, until terrible things actually happen. Everyone can see this, it isn't exactly a secret. And yet, the march towards the edge of the cliff continues.... Capitalism "prefers" an unemployment rate of about 5%. Say the world goes capitalist. With the population reaching 10 billion in the next 25 years, that is 500,000,000 people world wide unemployed. How can this not lead to utter devastation? What am I missing?
Would not five percent world wide be a acceptable unemployment rate? The problem with capitalism isn't that capitalists like unemployment, which they do; it's that they abhor competition. So unless markets are kept open by honest efficient governments, capitalism can eventually deteriorate into corruption just as any other "-ism" may. We already see the early seeds of corrupt capitalism in the United States, where the Supreme Court has ruled that the constitutional rights of individuals extend to corporations, and where those employed by corporations write the laws.
Reminds me of this movie: http://www.thecorporation.com/index.cfm?page_id=46 In regards to your (sarcastic ?) statement about 5% unemp being "acceptable", that is probably close to the number that are certainly underemployed in the world today. 500,000,000 people. I guarantee you this staggering number will cause extremism like we have never seen before. I don't know what the answer is, perhaps technology will somehow change things in ways we cannot even imagine. But it would have to be soooo bizarre to make a difference. One thing that occurred to me is that in the future, people will have the choice of either living in the real world, or in a virtual reality world. The unemployed and extreme poor can then live out their lives in a VR world, where they are fed intravenously, stored in some sort of tube, and plugged into the VR world. Sort of like the Matrix, but willingly. Don't laugh, it may be perfectly reasonable alternative than mental illness that idleness and homelessness can cause. Lesser of two evils sort of thing.
RCG Trader, yes that movie goes into it: http://www.elitetrader.com/vb/showt...ght=the+day+the+earth+stood+still#post2944253
"WASHINGTON â President Barack Obama said Friday the U.S. is freezing the assets of Libyan leader Moammar Gadhafi and family members because continued violence and unrest there poses an "unusual and extraordinary threat" to America's national security and foreign policy...." http://www.msnbc.msn.com/id/41785849/ns/world_news-mideastn_africa
"Rumors flying that Saudi Arabia sending tanks in to Bahrain" http://www.benzinga.com/life/politi...–-saudi-arabian-tanks-too-much-exogenous-risk Iran is 10x more likely to see destabilization than Saudi Arabia, but then I never understood how in the 21st century, we have "Kings."
The PLANNED destabilization of the middle east is in FULL TILT campaign mode! Your Globalist pals are playing with fire and matches in the school yard again.......let's see how many THEY kill this time around! :eek: In the mean time........you better start shopping for a new ride ( http://automobiles.honda.com/tools/build-price/trims.aspx?ModelID=&ModelName=Insight&ModelYear=2011 ) or get LONG the CL.....it is going to be one heck of a ride!!! :eek:
Oil Prices Skyrocket - http://www.infowars.com/oil-prices-skyrocket-after-williams-latest-revelations/
Gold Hits New High as Tension Mounts in Middle East Kurt Nimmo Infowars.com March 1, 2011 http://www.infowars.com/gold-hits-new-high-as-tension-mounts-in-middle-east/ Once again, gold serves as a solid refuge for jittery investors. As the United States and its globalist partners prepare to unleash the fury of NATO and the prowess of the U.S. military on Libya and thus begin a new round of tension in the oil-rich Middle East, gold futures closed at a new record high and silver futures advanced to a three-decade high.