278 comments on DrumBeat: July 26, 2007
Comments can no longer be added to this story.
Show without comments | PDF version
278 comments on DrumBeat: July 26, 2007
Comments can no longer be added to this story.
Show without comments | PDF version
Search The Oil Drum with Google
Support The Oil Drum
Recently on TOD:World
TOD:Campfire
- Thanksgiving Open Campfire Thread
- How Relocalization Worked
- How to Set Up and Run a Bicycle Repair Company
TOD:Europe
- Unique Times -- and the Future
- Peak Gold, Easier to Model than Peak Oil? - Part I
- Carbon Capture and Storage
TOD:Canada
- In this house, we obey the laws of thermodynamics!
- The Round-Up: October 24, 2008
- Compressed Air Energy Storage - How viable is it?
TOD:Australia/NZ
- The Bullroarer - Friday 27th November 2009
- International Energy Agency calls 'Peak' on OECD Oil Demand
- Australian Senate: Peak Oil motion defeated 31:6
TOD:Net Energy
Blogroll
Energy Sites
- The Coming Global Oil Crisis
- Die Off
- Dry Dipstick
- Energy Bulletin
- From the Wilderness
- Life After the Oil Crash
- Peak Oil Crisis
- Peak Oil News and Message Boards
- Powerswitch
- Rigzone
- Matthew Simmons
- Wolf at the Door
Environment & Sustainability Sites
- The Daily Green
- EcoGeek
- Eco Street
- Green Car Congress
- Green Options
- green.alltop.com
- Gristmill
- RealClimate
- Sustainablog
- Treehugger
- WorldChanging
Blogs
- Casaubon's Book
- Cleantech Blog
- Clusterf
k Nation (Jim Kunstler) - The Cost of Energy
- David Strahan
- Early Warning
- The Energy Blog
- European Tribune
- GraphOilology
- Health After Oil
- jeffvail.net
- Mobjectivist
- Peak Energy (Australia)
- Peak Energy (USA)
- R-Squared
- Resource Insights
Finance & Economics Blogs
- The Big Picture
- Calculated Risk
- The Crash Course
- Ecological Economics
- Econbrowser
- Environmental Economics
- Infectious Greed
- The Mess That Greenspan Made
- Mish's Global Economic Trend Analysis
Organizations
Peak Oil Primers
Beware email scams!
Beware email scams claiming to be from this site. We do not have any job openings. If anyone contacts you about a job at The Oil Drum, do not reply to them, and definitely do not give them any personal information or send them money. Read more here.
“Data always beats theories. 'Look at data three times and then come to a conclusion,' versus 'coming to a conclusion and searching for
some data.' The former will win every time.”
—Matthew Simmons, ASPO-USA conference, Boston, MA, October 26, 2006
User login
Contact
- Content: editors at theoildrum dot com
- Tech support: support at theoildrum dot com
Personnel
- Editors: Nate Hagens, Gail the Actuary, Prof. Goose
- DrumBeat Editor: Leanan
- Contributors: ace, Engineer-Poet, Heading Out, jeffvail, JoulesBurn, Sam Foucher, Robert Rapier
- TOD:Campfire: Glenn, Jason Bradford
- TOD:Europe: Chris Vernon, Euan Mearns, Francois Cellier, Jerome a Paris, Luís de Sousa, Rembrandt, Rune Likvern, Ugo Bardi
- TOD:Canada: benk, Libelle
- TOD:ANZ: Big Gav, Phil Hart, aeldric
- Emeritus: Stuart Staniford
- Technician: Super G
License
This work is licensed under a Creative Commons Attribution-Share Alike 3.0 United States License.










GAIA Host Collective
Ireland was also a hot property market once. Seems like globalisation is a double edged sword. No doubt people will be calling for protection from it before long.
House prices plummet by up to €10,000 [$13800] every month
http://www.independent.ie/national-news/house-prices-plummet-by-up-to-eu...
Triumvirate of collapse - Economy, Ecosystem, Energy
The UK housing market is also now failing. A global housing bubble problem?
UK house prices 'stall' in July
http://news.bbc.co.uk/2/hi/business/6916823.stm
Considering that the UK is more in debt per capita than the US, I'd imagine they're considering how massively overstreatched they already are.
The UK fails horribly on economic, ecosystem and energy... they're toast.
Triumvirate of collapse - Economy, Ecosystem, Energy
"The UK fails horribly on economic, ecosystem and energy... they're toast."
I have to disagree a little here. The UK is getting more and more integrated with Europe at the economic level every year. And Europe while not exactly booming over the last 3-5 years has also been making much more effetive use of it's advances. More public transport, more alternative energy, Less debt (excluding Britain and Spain) at the personal level.
Also the UK has only just started importing Oil and Gas. The US can't say that they are still 90% domestic for their Oil but the UK can (mind you it will be dropping quicker). Cut off British oil imports and prices of petrol would spike causing a shift of travel to the public tansport infrastructure. Cut off US imports and people start to starve, no public transport to fall back on and people have to travel just to get to food (you could limit use to food distribution, and the military/emergency services, but people may still need to travel 10 mile round trips for food in desert climates).
I suspect no country will handle the situation well but I disagree with the UK failing horribly in the short to mid term (2-5 years).