Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
This is also related to the "hardening of demand": If you squeeze the inefficiencies out of the system, then there are fewer opportunities to squeeze out inefficiencies when a crisis occurs. In my view, this is the situation that Europe is in right now: There's plenty of enthusiasm for green power, green transportation, local food sources, etc., but little margin for absorbing a short-term shortage. We in the U.S. may have a slight tactical advantage because of our inefficiency, which will allow us to absorb short-term shortages more easily.

In any case, there needs to be a very significant reduction in the world's population, and it's going to come, sooner or later. However, discussion of the topic is not politically correct.

by asdf on Sun Dec 23rd, 2007 at 11:22:52 AM EST

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