Saturday, May 17, 2008

saudi arabia

is going to be so fucked very soon. 9.45 million barrels a day. they don't have an economy. they sell oil. that's it. their shortsightedness is stupefying. it's so concentrated.

it's funny, because i think they will get richer for a bit, and then their profits will not bottom out, but vanish. supply and demand, you know? oil prices have exploded. they are straight raking it in. they can raise prices all they want, but you cannot sell something that no longer exists. at some point soon, they will no longer have a product to sell. and before that, they will not have enough to sell to people to interest them any longer.

i guess maybe they will do the best out of anyone, at least initially. other manufacturing-oriented economies will be feeling the effects sooner, when those countries cannot get the supply of oil necessary to run their facilities and supply themselves. as a result, all the countries dependent on them will not be able to get the products to which they have made themselves addicted either.

it won't be long though. saudi arabia will have some money, will be able to hold onto some oil for its own uses. money is no good when there's nothing (or as aus rotten puts it, no one) left to buy. i'm sure some people will get militaries to take some of that last oil by force. it doesn't really matter in the end though. just one fix. they won't get off their addiction. those who built this industrial reality are and were so profoundly stupid. they constructed it on such a weak fucking foundation. they can't stand for long. and when they fall, i mean really fucking fall, we are going with them. they have already taken so many lives. more will be lost. more than we can imagine. and those lives will be so fucking degraded before they end.

"when i look back and think, when i ponder and ask 'why?' i see my ancestors spend with careless abandon, assuming eternal supply."

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