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Great. I can see similarities, and not just "passing" ones. Empires die as you attest. The Roman empire lasted a few centuries but it took real time for truth to be known. They had been clipping/debasing their currency for most of that time but "the truth" took a long time to be recognised...

Can you help me out on this? Are you suggesting that the US and the Keynsian economies generally have got it all in control and need no "fixing"?

Something similar happened when the Japanese fell in love with Cairns. The smart land holders sold and the smartest bought back, cheaper, a few years later. Take the money and let the world solve it's problems without you.

I'm sure the Romans felt that way too.

Hey! Play nice or you'll be put out of the sand pit.

Joyce (or is it Mat?) For ME peak oil is more real and more imminent and if Matt Savinar in The Oil Age Is Over (nothing special, just one I read) is to be believed, there is a similar potential for disaster. He used Easter Island as a pointer to what can happen. I'm not multi skilled and can...

I think it's effects but without my spiel chukker I'm pretty bad too. :D

This is classic economics and it works for widgets. It isn't working for oil, gold, silver, rare earths. It will work for a while with coal and iron at today's prices but uranium will need a doubling of price (at least) before free market miners will be interested in putting capital into the...

Is oil you can't afford any more useful than oil that doesn't exist?

I would have thought that obvious, even without the smiley. :eek: I was going to ask TC if the rain is getting him down that much. I reckon a good case can be made for a dramatic change, because world power politics is always changing. This quiescent period we have gone through since WWII...