Thursday, August 04, 2005

Globalisation is an Anomaly and Its Time is Running Out

by James Howard Kunstler, Guardian, Aug 4, 2005


Cheap energy and relative peace helped create a false doctrine



"Today's transient global economic relations are a product of very special transient circumstances, namely relative world peace and absolutely reliable supplies of cheap energy. Subtract either of these elements from the equation and you will see globalisation evaporate so quickly it will suck the air out of your lungs. It is significant that none of the cheerleaders for globalisation takes this equation into account. In fact, the American power elite is sleepwalking into a crisis so severe that the blowback may put both major political parties out of business."

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