saudi arabia

A look back at our time from the 2100 A.D. edition of the Encyclopedia Britannica

Summary:  Today we have an exercise in future history (see Wikipedia), a look at my forecast of medium-term geopolitical trends.  The most interesting predictions are at the end (starting with #4), our responses to the obvious trends. History moves in leaps.  Punctuated equilibrium it’s called in evolutionary biology:  a long period with relatively slow change, then …

A look back at our time from the 2100 A.D. edition of the Encyclopedia Britannica Read More »

Today’s hot rumor: Fisk’s story about a conspiracy to wreck the US dollar

“The demise of the dollar“, Robert Fisk, The Independent, 6 October 2009 — “In a graphic illustration of the new world order, Arab states have launched secret moves with China, Russia and France to stop using the US currency for oil trading.” In the most profound financial change in recent Middle East history, Gulf Arabs …

Today’s hot rumor: Fisk’s story about a conspiracy to wreck the US dollar Read More »

A solution to our financial problems: steal wealth from other nations

Summary:  America has the greatest military force on Earth, a terrible swift sword.  We face hard times, perhaps for a few years.  Perhaps for longer.  Will we yield to the temptation to use our power to steal from other nations?  What would our forefathers think of such a decision? How will America react to hard …

A solution to our financial problems: steal wealth from other nations Read More »

“The changing balance of global financial power”, by Brad Setser

The 20th century was the age of the great democracies — esp. the United States, the leader and largest — and their triumph over Empires, fascism, and communism.  This century appears to be running in a different direction, as Brad Setser explains in the essay below.  We must either change course or learn how to adapt to …

“The changing balance of global financial power”, by Brad Setser Read More »

Red Alert: the Saudi Princes have announced the arrival of Peak Oil

The BusinessWeek story cited below, along with King Abdullah’s April announcement that they will not be opening new fields, provides evidence that we are near — or perhaps even at — Peak Oil.  It may be political peaking;:  perhaps the Saudi’s could invest to increase production, but choose not to (an obviously sensible decision).  It may be …

Red Alert: the Saudi Princes have announced the arrival of Peak Oil Read More »

Scroll to Top