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greetings from himanshu to all the readers of the blog - so here i start -
we all must be thinking that world economic recession has ended...but wait a minute and rethink it again ! fuel prices are hovering at $72 per barrel in market and set to reach the $ 100+ per dollar mark in near future so the future looks dark again :(
The world economy should now start shifting from fossil fuel based economy to fossil fuel free economy which it is slowly starting to do.. but wait When the ongoing global recession will be completly over that is when the production in USA reaches the same level (before the recession) when all the factories start working again in full flow , when the asian countries start exporting goods to US at same rate , when the jobless claims in USA becomes nil and there are more job openings in there.. Have anybody thought what can happen then??
Well the crude oil prices would skyrocket and could well go beyond the $ 200 mark this time and a double dip recession will again haunt the global economy because presently the global economy is fossil fuel based economy and i think that the pace of shifting the global economy from crude oil based economy to crude oil free economy should increase considerably if we want that no recession should prevale any more in future, actually this is a very big task "SHIFTING OF GLOBAL ECONOMY FROM FOSSIL FUEL BASED ECONOMY TO FOSSIL FUEL FREE ECONOMY" presently in the world every thing is governed or in other words is dependent on prices of fossil fuels as everything uses fossil fuels.
and we all know that fossil fuels are limited and the middle east countries would never increase the production from present levels (for decreasing the prices) because if they do this now their own future would be very very dark. i think that was one reason that US attacked Iraq some years back to get hold of the key oil assets present in Iraq (kudos to Bush for such a shrewd thinking..) . the shift should be now gradually to the battery powered energy, nuclear energy, solar enregy(which i think would be biggest energy source in future .. in the same way as fossil fuels are today)
For protecting the double dip recession we should now shift our thinking from conventional sources of energy to renewable sources of energy like the sun, and wind i talked about few lines back. Solar energy would play a very important part in future for providing power to industrial units, cars, houses, transport, communication rather then fossil fuels, and world would become much safer place to live in. becauses there would be no threat of recession anymore once we shift from a fossil fuel based world economy to fossil fuel free economy in future.
probably in coming 20 years there would be gradual shift from the way we fulfill our energy demands today, middle east countries would be dependent on others (in contrast with today).. they would have very few sources of income in future for sure once the fossil fuels are only available in museums in future. so i can see that the world economy has to now shift to fossil fuel free economy as soon as possible .
The world economy should now start shifting from fossil fuel based economy to fossil fuel free economy which it is slowly starting to do.. but wait When the ongoing global recession will be completly over that is when the production in USA reaches the same level (before the recession) when all the factories start working again in full flow , when the asian countries start exporting goods to US at same rate , when the jobless claims in USA becomes nil and there are more job openings in there.. Have anybody thought what can happen then??
Well the crude oil prices would skyrocket and could well go beyond the $ 200 mark this time and a double dip recession will again haunt the global economy because presently the global economy is fossil fuel based economy and i think that the pace of shifting the global economy from crude oil based economy to crude oil free economy should increase considerably if we want that no recession should prevale any more in future, actually this is a very big task "SHIFTING OF GLOBAL ECONOMY FROM FOSSIL FUEL BASED ECONOMY TO FOSSIL FUEL FREE ECONOMY" presently in the world every thing is governed or in other words is dependent on prices of fossil fuels as everything uses fossil fuels.
and we all know that fossil fuels are limited and the middle east countries would never increase the production from present levels (for decreasing the prices) because if they do this now their own future would be very very dark. i think that was one reason that US attacked Iraq some years back to get hold of the key oil assets present in Iraq (kudos to Bush for such a shrewd thinking..) . the shift should be now gradually to the battery powered energy, nuclear energy, solar enregy(which i think would be biggest energy source in future .. in the same way as fossil fuels are today)
For protecting the double dip recession we should now shift our thinking from conventional sources of energy to renewable sources of energy like the sun, and wind i talked about few lines back. Solar energy would play a very important part in future for providing power to industrial units, cars, houses, transport, communication rather then fossil fuels, and world would become much safer place to live in. becauses there would be no threat of recession anymore once we shift from a fossil fuel based world economy to fossil fuel free economy in future.
probably in coming 20 years there would be gradual shift from the way we fulfill our energy demands today, middle east countries would be dependent on others (in contrast with today).. they would have very few sources of income in future for sure once the fossil fuels are only available in museums in future. so i can see that the world economy has to now shift to fossil fuel free economy as soon as possible .
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