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Four Ticking Global Time-Bombs Few Even Hear
Of Two Minds ^ | 10/19/2015 | Charles Hugh Smith

Posted on 10/19/2015 9:31:39 AM PDT by SeekAndFind

A few charts help us grasp the magnitude of the four global time-bombs.

The geopolitical and financial risks facing the global economy are well-known. Hot wars and currency meltdowns garner headlines around the world.

But few even hear, much less discuss, four ticking global time-bombs:

1. The demographic time-bomb.

2. The public health time-bomb.

3. The food/water/soil time-bomb.

4. The oil-export time-bomb.

Each is largely self-explanatory:

1. The demographic time-bomb: as the global economy melts down, the realization that the pensions and healthcare promised to hundreds of millions of elderly cannot be funded out of tax revenues will upend the social contract in countries rich and poor.

As the chart below depicts, as the population of elderly rise, so do the non-communicable lifestyle diseases of aging. The costs of treating these lifestyle diseases (metabolic syndrome, heart disease, high blood pressure, etc.) soar as the population and incidence of these diseases both rise.

Global Aging 2010: An Irreversible Truth:

This Standard & Poor’s study warns that “no other force is likely to shape the future of national economic health, public finances, and policymaking as the irreversible rate at which the world's population is aging... The cost of caring for [the elderly] will profoundly affect growth prospects and dominate public finance policy debates worldwide.”

2. The public health time-bomb: 100 million diabetics and 500 million pre-diabetics in China, 80 million diabetics and hundreds of millions more pre-diabetics in India, and another 100 million diabetics in the developed world will overwhelm a global healthcare system that is already struggling to provide care for an aging population.

Diabetes Is a Major Public-Health Crisis in China

No Answers in Sight for India’s Diabetes Crisis

The Global Diabetes Epidemic (New York Times)

3. The food/water/soil time-bomb: the world's success in feeding its exploding population of humans and their favored animals has generated a complacent confidence that we can always grow more food, even as the weather gets increasingly wonky and global supplies of fresh-water are strained to the breaking. Loss of soil and the depletion of mineral fertilizers are also global issues.

It's not just the rising number of human mouths to feed--it's the rising appetite of humanity for grain/protein-fed animals and fish. Raising livestock requires abundant fresh water and feed. Even the most efficient meat sources (other than insects, of course) require three or four times their weight in feed; less efficient meat sources need ten times their finished weight in feed.

Fish such as salmon don't live on algae--they eat other fish. Their fish food is rich in protein, and so in effect, salmon and similar farm-raised fish sit atop a food-chain pyramid.

The risk that multiple crop failures around the world could strain global grain supplies and trigger geopolitical crises as costs soar are under-appreciated outside agricultural policy circles.

4. The oil-export time-bomb: as the populations of oil exporting nations rise, they consume so much of their dwindling oil production that there's little left to export.

The technologies of fracking have given oil/gas production in the US a mighty boost, and this may well continue increasing supply for a time.

But the larger global energy picture is dominated by the Export Land Model, which describes how oil exporting nations, which typically have rapidly rising populations and undiversified economies dependent on oil exports, begin consuming more of their oil domestically while production stagnates.

The net result is there may be plenty of oil still being pumped, but very little is available for export.

That leave oil importing nations without enough energy to sustain their industrial economies.

While it's possible to invest enough in alternative energy to keep some infrastructure working, globally, total alternative energy is a scant few percentage points of total energy consumption.

Even if we take global leader Germany, famous for generating large quantities of electricity from alt-energy sources--is Germany ready to replace its vehicle fleet with electric cars and trucks? How about building enough alt-energy capacity to recharge 30 million vehicles?

That is quite a tall order for a wealthy industrial power. What sort of challenge awaits the 2.6 billion residents of oil importers China and India?

This chart of the thermodynamic (i.e. energy) population equivalent--the human population plus our billions of energy slaves-- reveal the staggering magnitude of industrial civilization's reliance on fossil fuels.

These charts help us grasp the magnitude of the time-bombs:

Many people look to technology to solve these problems before the bombs go off. Perhaps miraculous advances in artificial photosynthesis and biochemistry will solve all these global crises. But a healthy skepticism is in order, for all sorts of wondrous technologies that work in the lab and small-scale experiments fail to scale, i.e. become cheap enough and reliable enough to spread quickly around the world.

Technologies require vast quantities of capital and energy to spread throughout the global economy. Capital and energy are precisely what will be in short supply as demands on resources, tax revenues and social safety nets skyrocket.


TOPICS: Business/Economy; Society
KEYWORDS: demographics; globalcrisis; oil

1 posted on 10/19/2015 9:31:39 AM PDT by SeekAndFind
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To: SeekAndFind

Typical liberal lefty doom and gloom I’ve been hearing since I was a kid.

Everyone was supposed to have starved to death or died by pollution decades ago now.

Secular apocalypse theology, of which Climate Change is the best known example.


2 posted on 10/19/2015 9:39:18 AM PDT by ifinnegan
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To: SeekAndFind

the “Dirt-Firsters” toss out the Population Control grenade again.

Given that AGW is hoax in response to the myth of excess population and the desire for power and control, the SOLUTIONS are to assert that “Problems 3 & 4” don’t exist and the focus should be on INCREASING power production to facilitate increased food production.


3 posted on 10/19/2015 9:49:11 AM PDT by G Larry (Vote Hillary! Pro-Abortion Socialist)
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To: SeekAndFind

5. The invoke God’s wrath timebomb


4 posted on 10/19/2015 9:58:00 AM PDT by DannyTN
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To: SeekAndFind
The demographic numbers are irrefutable, short of genocide.

Spot on analysis regarding alternative energy:

"While it's possible to invest enough in alternative energy to keep some infrastructure working, globally, total alternative energy is a scant few percentage points of total energy consumption."

They gloss over the shale sources of energy.

The health crisis, is speculation; but I assume they are correct on existing diabetes cases in China and India. Excess of rice eating, not starvation.

5 posted on 10/19/2015 10:18:46 AM PDT by cicero2k
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To: cicero2k

Fresh water will be the oil of the future. He who controls the water, controls the world.


6 posted on 10/19/2015 10:27:51 AM PDT by TexasFreeper2009 (You can't spell Hillary without using the letters L, I, A, & R)
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To: TexasFreeper2009

Fresh water will be the oil of the future. He who controls the water, controls the world.


Last I looked, the water cycle, the carbon cycle, the nitrogen cycle (and many other cycles) were still in operation ............

One needs to look at systems, not the parts of the system.


7 posted on 10/19/2015 10:41:10 AM PDT by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: SeekAndFind

Number 4 is peak oil re-branded. I.e. baloney. The other 3 are parts of the reason I moved to central KY from Seattle. I have two streams and they are fed from our ample rain.


8 posted on 10/19/2015 10:41:18 AM PDT by cuban leaf (The US will not survive the obama presidency. The world may not either.)
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To: TexasFreeper2009
Yes, but he who controls the Brawndo, controls the electrolytes!


9 posted on 10/19/2015 11:09:02 AM PDT by Boogieman
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To: SeekAndFind

I call complete BS on these diabetes numbers. They are simply invented out of whole cloth. An old propaganda ploy of the medical establishment is to simply tell wild lies about health issues to keep the bucks rolling in. Every year another “health crisis”.


10 posted on 10/19/2015 12:22:09 PM PDT by Seruzawa (All those memories will be lost,in time, like tears in rain.)
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To: SeekAndFind
The food/water/soil time-bomb?

We do not use anywhere near as much land for food production as we did 100 years ago.

11 posted on 10/19/2015 12:24:07 PM PDT by BBell
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