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I find interesting Kunstler's comments on Friedman's globalism cheerleading. "I think we will discover (probably painfully) that globalism was a set of trans
by kingkongrevenge 19y ago
I find interesting Kunstler's comments on Friedman's globalism cheerleading.
"I think we will discover (probably painfully) that globalism was a set of transient economic relations made possible by a half century of cheap oil and relative peace between the great powers, and the enterprises that rely on these transient mechanisms - such as Wal-Mart, with its 12,000-mile merchandise supply chain to China, and its "warehouse on wheels" of tractor-trailor trucks circulating incessantly on America's interstate highways - will be on their knees in a few years as we enter the export crisis phase of post-peak terminal oil depletion and the great powers of the world act with increasing desperation to compete over the remaining supplies."
http://www.321energy.com/editorials/kunstler/kunstler060107.html http://www.321energy.com/editorials/kunstler/kunstler060107....