Read in the Saturday Star that the U.S.A. will be number 3 economically by the year 2050. Oh well, economics isn't everything.
I call BS
Who knows about the top 3 economies, but your part about oil being super expensive is pretty much a guarantee. In a few decades we'll have an oil crisis that will dwarf the current financial crisis.If this refers to my post I sincerely wish you are right and I am wrong.
I very much doubt that. I don't have alot of faith in the human population's ability to move forward in the long-term, what with all the intolerance towards different beliefs, political grandstanding and corruption, and an ever-increasing population. If we don't find a new resource with the ability to duplicate fossil fuels I can easily see major strife erupting. If Iraq and Saudi Arabia are the last bastions of oil sources, they better beef up their defense.By 2050 #1 will be Iraq and #2 will be Saudi Arabia. By then they
would be the world's only two remaining oil exporters and the black gold
will have long become affordable to only the filthy rich. My prediction is
contingent on SA and Iraq surviving future U.S. invasion.
Probably India...if you count the EU as a whole the US is already #2Who's #2?
Oil does more than just fuel transportation. It's a part of virtually everything we touch. I don't believe that most people have a clue just how much our lives revolve around oil. It's difficult to imagine that we could replace something so valuable, so essential to our way of lives without an incredible amount of R&D. Right now there's precious little of that going on. The disaster ahead is so monumental that it seems nobody wants to be the first to sound the alarm.why wouldn't the world move on to another source of energy by 2050? Was that sited in the article ?
Yeah I was calling BS on your post. Only because the top 2 economies could be and in all likely will be China & India. There is no way Iraq and Saudi Arabia will be the top 2 economies of the world. Look at Kuwait as an example. Much if not all of the nationals are wealthy but a single resource(even 1 as valuable as oil)economy will not make them the largest economies in the world. China/India/U.S. will have more diverse economies than Iraq/SA and that's why they'll be the top 3 come 2050.If this refers to my post I sincerely wish you are right and I am wrong.
Compassion for humanity compels me to keep my hope that Uncle Sam
will remain the leader of the free world for the rest of the century.
What you said could indeed turn out to be true if only the future Chindia economy isChina/India/U.S. all will have more diverse economies than Iraq/SA and that's why
they'll be the top 3 come 2050.
The whole world is f**ked. The West's current economic systems can only be supported by a growing population and the East's population is growing so fast that many aren't provided for. We need moderate growth across the board.The birth rate in the west has fallen to unsustainably low levels.
The only ones having lots of kiddies are those whos culture didn't create such wealth.
The whole West is f**ked.
May you live in interesting times.
But, don't they have to use "fracking(sp)" to get the NG?North America had more NG than Saudi Arabia has oil.
Yep.But, don't they have to use "fracking(sp)" to get the NG?