{"id":62175,"date":"2022-03-10T08:51:41","date_gmt":"2022-03-10T13:51:41","guid":{"rendered":"https:\/\/olduvai.ca\/?p=62175"},"modified":"2022-03-10T08:51:41","modified_gmt":"2022-03-10T13:51:41","slug":"this-war-marks-the-end-of-cheap-resources","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=62175","title":{"rendered":"This War Marks the End of Cheap Resources"},"content":{"rendered":"
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This War Marks the End of Cheap Resources<\/a><\/h3>\n<\/div>\n
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Image credit: Miguel Bruna via\u00a0Unsplash<\/a><\/figcaption><\/figure>\n

It\u2019s time to bust some myths. Ones, like \u201cwe have all the natural resources we want\u201d and \u201cwe live in an a world of abundance\u201d. Or if something does become unavailable, then surely a replacement will come online and magically scale up to meet everyone\u2019s needs. In the real world however \u2014 as we are about to experience it from a front row seat\u2014 a long decline of resources awaits; together with a slump in economic output. While some parts of the world might \u2018enjoy\u2019 growth in material wealth and energy use for a couple more years to come, the overall (global) trend of the decades ahead will most probably be marked by negative growth, or to put more simply: de-growth. Is it because of the war in Ukraine? Or sanctions? Only partially. In the grand scheme of things these acts of violence will be considered nothing more than a \u2018coup de gr\u00e2ce\u2019 \u2014 the final blow to the western economy.<\/em><\/p>\n

Of<\/span>course, the statements made above presume accepting some basic facts. Most of these facts however \u2014 as you will see\u2014would require a paradigm shift well beyond the scope of our\u00a0current\u00a0<\/em>political reality. Thus, I do not expect any of them to burst into mainstream narrative anytime soon\u2026 But who knows, maybe Arthur Schopenhauer will prove to be right:<\/p>\n

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\u201cAll truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident.\u201d<\/p>\n<\/blockquote>\n

Read the following statements (1) in light of the quote above and guess in which stage our \u201ccollective consciousness\u201d is in relation to them.<\/p>\n

\u2026click on the above link to read the rest of the article\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"

This War Marks the End of Cheap Resources Image credit: Miguel Bruna via\u00a0Unsplash It\u2019s time to bust some myths. Ones, like \u201cwe have all the natural resources we want\u201d and \u201cwe live in an a world of abundance\u201d. Or if something does become unavailable, then surely a replacement will come online and magically scale up […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,3,5,7],"tags":[32756,6964,209,674,694,11402,32578,821,862],"class_list":["post-62175","post","type-post","status-publish","format-standard","hentry","category-economics","category-energy-2","category-geopolitics","category-survival-2","tag-cheap-resources","tag-diminishing-resources","tag-diminishing-returns","tag-renewable-energy","tag-russia","tag-supply-shortages","tag-the-honest-sorcerer","tag-ukraine","tag-war"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/62175","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=62175"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/62175\/revisions"}],"predecessor-version":[{"id":62176,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/62175\/revisions\/62176"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=62175"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=62175"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=62175"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}