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Threat of world resources shortage

amcluesent
amcluesent Posts: 9,425 Forumite
Ministers have ordered a review of looming global shortages of resources, from fish and timber to water and precious metals, amid mounting concern that the problem could hit every sector of the economy.

"The study has been commissioned following sharp rises in many commodity prices on the world markets and recent riots in some countries over food shortages.

There is also evidence that some nations are stockpiling important materials. For years, experts have warned of the threat of peak oil to both the world economy and international political stability if countries go to war to secure access to fossil fuels."

2010 marking the start of the Long Emergency for sure!
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Comments

  • vivatifosi
    vivatifosi Posts: 18,746 Forumite
    Part of the Furniture 10,000 Posts Mortgage-free Glee! PPI Party Pooper
    Review sounds very sensible, particularly in the light of:

    There is also evidence that some nations are stockpiling important materials, buying up key producers and land and restricting exports in an attempt to protect their own businesses from increasingly fierce global competition.

    Never had you down as a Guardian reader though amc.
    Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
  • the_flying_pig
    the_flying_pig Posts: 2,349 Forumite
    Hoorah, shortages, rising prices, great news :beer: - or does that only apply to property?
    FACT.
  • 97trophy
    97trophy Posts: 915 Forumite
    edited 31 May 2010 at 7:42PM
    sound like an advert for buying gold....

    we have heard all this before....some of us oldies remember the club of Rome in 1968
    http://en.wikipedia.org/wiki/Club_of_Rome
  • lvader
    lvader Posts: 2,579 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    You wouldn't think so with the way commodity prices have crashed in the last month.
  • chris_m
    chris_m Posts: 8,250 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    amcluesent wrote: »
    if countries go to war to secure access to fossil fuels."

    If ??????
  • amcluesent
    amcluesent Posts: 9,425 Forumite
    edited 31 May 2010 at 8:48PM
    >Never had you down as a Guardian reader though amc.<

    Wrapped my fish supper this evening, the chippie is an educated man!
  • Kohoutek
    Kohoutek Posts: 2,861 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    97trophy wrote: »
    we have heard all this before....some of us oldies remember the club of Rome in 1968
    http://en.wikipedia.org/wiki/Club_of_Rome

    Since 1968, the world population population has doubled, and now everyone wants a Western lifestyle :eek:
  • kabayiri
    kabayiri Posts: 22,740 Forumite
    Part of the Furniture 10,000 Posts
    What's more incredulous is the lack of a plan before now. Implementing a plan to secure resources can take a long time.

    Did the last government defer every hard decision, hoping something 'would turn up' ?
  • Kohoutek
    Kohoutek Posts: 2,861 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    kabayiri wrote: »
    What's more incredulous is the lack of a plan before now. Implementing a plan to secure resources can take a long time.

    Did the last government defer every hard decision, hoping something 'would turn up' ?

    "I'd put my money on the sun and solar energy. What a source of power! I hope we don't have to wait until oil and coal run out before we tackle that."
    — Thomas Edison, 1931
  • nearlynew
    nearlynew Posts: 3,800 Forumite
    "Money" is only a abstract representation of the Earth's resources.


    Without the Earth's resources, we have nothing.
    And it doesn't matter how many IOUs you write, eventually they will become worthless.


    What we are witnessing is the early stages of that decline in resources.

    Every single problem facing us today - economic, social, political, environmental - is a result of that fact.
    "The problem with quotes on the internet is that you never know whether they are genuine or not" -
    Albert Einstein
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