The Oil Drum

I'm just pointing out how silly we at TOD can be sometimes.

TOD is great in that it attracts a myriad of people with different ides that all share some common ground 'peak oil'. It's really entertaining to see the various opinions (expressed as facts) that get thrown around. Yet the common denominator of all the 'doomerbation' talks centers on one thing: The USA will be screwed.

Yet magically, places like China will succeed.

The last time I checked, China can not even feed their own population anymore. One of the most common 'facts' expressed here is that in a PO world, the world will not be able to feed its people and 4+ billion will die. Yet this magically won't affect any of those countries that we deem 'better' than the USA.

The same goes for various economies. China and the USA are dependent upon each other. If one goes down, so does the other, as there isn't a consumer bloc large enough to 'absorb' the loss of 300 million happy consumers. Chinas own population doesn't make enough for them to sustain their current production, much less thrive. This also ignores the fact that we repeatedly state that economic growth is directly tied to oil consumption (this trend has vanished in the past 30 years), yet these same countries are expected to outperform the fat old USA, despite this dwindling resource.

Now this isn't an attack on you, BrianT. I'm merely expressing my bemusement at the whole doomer-train.