Quick Takes 2

Growing risk that air connectivity from Europe to Asia via the Greater Middle East could be lost

A Telegraph article noting that most of North Africa and the wider Middle East, as well as the Russian airspace, is under a no fly zone.

That means there are currently only two ways flights from Europe can get to Asia, a narrow airstrip over Turkey and the other via Saudi Arabia.

The article warns that if those two air strips become dangerous for commercial flight travel between Europe and Asia becomes economically unaffordable as there is no remaining easy way to get there. Now, there would still be options for those wishing to travel, flights could go over Canada, but the costs would be far higher as a consequence.

The article highlights the growing risks that global tourism/global travel connectivity will face protracted collapse within the next 5 to 10 years, something Greer has already forecast (his timeframe is around 2030 the global tourist/airline industry collapses).

Europe at the sharp edge of the developed world to a long-term collapse

Excellent article by an author I have only just discovered discussing why Europe is at particular risk from our new era of resource scarcity and the post-peak dynamics outlined in the Limit to Growth Business as Usual model.

This also chimes with the recent writings of Greer who thinks that within a decade or so Europe will fall apart into internal and external chaos.

Peak Oil and what is coming down the road

Superb article and very Greerist in its outlook, on what is coming down the road. Essentially the world is facing an energetic/economic slimming diet over the next few decades where production and consumption shifts from a dying consumer economy to a world of essentials e.g. less buying fancy gadgets and more buying food and paying for electricity.

This is why Greer has always said ” become poor and avoid the rush” or something along those lines. Embrace a modest lifestyle that relies on limited fossil fuels and you will be far better prepared for what is coming down the road.

New report suggests a collapse could come as soon as 2030

“How long can conventional oil support the global energy system with cheap diesel? How steep the fall of the giant conventional oil fields, providing much of our diesel supplies, is going to be? If a decline in cheap oil production is indeed a fast one, despite having more than enough “oil” (in terms of barrels) on the market, we would quickly find ourselves in a ‘dead state’, where the total energy cost of getting energy would equal the total amount of primary energy extracted. Only this time, the entire global energy system would cease to be self-powered.

As suggested by a their analysis of the matter, this could happen as early as 2030… Which is not too far away to say the least.”

Well, for long standing readers of this blog this shouldn’t be a shock. Its in 2030 that the LTG BAU model suggests that the global economy collapses. I expect to see rising problems that accelerate during the 2nd half of this decade, culminating in a economic collapse and stock market implosion towards the end of the 2020s.

Quick Takes 2

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