Showing posts with label money. Show all posts
Showing posts with label money. Show all posts

Saturday, 1 August 2009

Nate Hagens: Umbrella View of Resource Depletion & Human Behaviour

Talk by Nate Hagens of University of Vermont on Resource Depletion, Energy Supply, peakoil, Energy Demand, Human Behaviour and Finance held at the Alcatraz 'Peak' Summit from 26 to 28 June in Italy hosted by The Oil Drum, ASPO Netherlands and ASPO Italy. Nate's presentation I witnessed this June at the informal meeting organised by theoildrum.com and ASPO near Perugia, Italy, , is extremely interesting, if more than a little speedy. I highly recommend this presentation as it served to summarise in an hour what we had been talking about at Alcatraz for three days straight.

Umbrella View of Resource Depletion & Human Behaviour from Rembrandt Koppelaar on Vimeo.

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Wednesday, 29 April 2009

Michael Ruppert's Come Back

Just when most followers of Fromthewilderness.com thought Michael Ruppert was never going to get active again, here he is with a new book, called 'A Presidential Energy Policy'now available on Amazon, and a new documentary, Collapse.

I'm intruiged by this former detective who followed and spoke out about CIA drugs dealing for decades. He wrote an 700-page optimally court admissible case for prosecuting Cheney on 9/11, and during his investigations took up the issue of peak oil as it played a part in the motives for 9/11 and what followed. He predicted the burst of the housing bubble as early as 2005 and told all his listeners in the US to get out of debt. Now, he wrote a book about the radical essentials of energy policy. We should be paying attention. Obviously, I haven't read the book yet, but Colin Campbell and Cynthia McKinney, to name a few, have already had a peek:
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Michael Ruppert does not mince his words writing a stirring and uncompromising book on a vital issue. He addresses some simple but widely ignored concepts relating to the critical role of oil and gas in the modern world. First, they are finite resources, formed in the geological past, being therefore subject to depletion. Second, they have to be found before they can be produced, such that the peak of discovery, which is long past, must deliver a corresponding peak of production.(..)

It is a perceptive, stimulating and very readable book covering a subject of critical importance. It deserves a place on the bookshelves of everyone from the school teacher to the chief executive; from the bishop to the politician and world leader.

Colin Campbell, Ph.D.
Former Oil Exploration Geologist (Texaco, British Petroleum)
Former Exploration Manager, Total
Former Consultant to Shell, Statoil, Mobil and Amerada
Former Executive V.P. Petrofina
Author, many books and publications on Oil and Gas depletion
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All I can say about A Presidential Energy Policy is, "Yikes!"

This is a book everyone should read.

Mike Ruppert is my friend. And, sometimes I remind him, in a way that only a friend can, that my perspective is colored by my own distinct experiences as an informed woman of color in the United States. And frankly, that means that some of what is between these covers makes me cringe; but it is exactly this substance, actively suppressed in proposed national and international gatherings, that we human beings must debate and resolve, or else, we will find Dr. King's admonition, once again, to be true: "We must learn to live together as brothers or perish together as fools."

We know Mike Ruppert because he became a whistleblower and told us some inconvenient truths. About crack cocaine, 9/11/01, and now this -- how to step back from the brink of human disaster.

It is clear that Mike and I are headed toward the same destination, despite our differences. A Presidential Energy Policy lands Mike exactly where I am -- outside of the box of political orthodoxy, but well within the space of policy advocacy that is representative of critical thinking, rational analysis, and authentic leadership. Mike Ruppert dares to go where our elected leaders seem afraid to take us. In the end, however, if we are to salvage our own human dignity, either our "leadership" must catch up with us or we must become and nurture a new generation of leaders.

Cynthia McKinney
6-term Member, U.S. House of Representatives
Green Party Presidential Candidate, 2008

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Wednesday, 1 April 2009

China Replacing Dollar in International Trade

While trying to set up an SDT based world currency alternative for the dollar, China is laying the practical basis for such a system by replacing the dollar in large scale international trade. If succesful, this plan will allow China to increasingly opt out of the dollar system as bankroller of US debt. Forbes hinted to this development today in an article on the recent 10 billion dollar currency swap with Argentina.

"Facing a precipitous slide in exports and tens of millions of unemployed migrants, China is hoping to lubricate financing for emerging markets to buy its goods, in the process symbolically raising the yuan's profile on the global economic stage.

In the first such move involving a Latin American country, China struck a 70 billion yuan ($10.2 billion) currency swap agreement with Argentina that would allow the latter to put in yuan-denominated orders for Chinese imports and thereby avoid using the U.S. dollar in bilateral trade. Analysts expect China to pursue more bilateral currency swaps with emerging markets in order to give a boost to its ailing export sector.

The agreement with Argentina marked China's sixth bilateral currency swap. Beijing extended a 100 billion yuan ($14.6 billion) swap line to Indonesia last week and a 20 billion yuan ($2.9 billion) swap line to Belarus earlier this month. China has also reached swap arrangements with South Korea, Malaysia and Hong Kong. The swaps, totaling 650 billion yuan ($95.1 billion), will last for three years."

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Wednesday, 4 March 2009



Economist Paul Grignon
's 47-minute animated presentation of "Money as Debt" tells in very simple and effective graphic terms what money is and how it is being created.

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