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Old 01-04-2010, 07:45 PM   #11 (permalink)
Baraka_Guru
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It won't necessarily take something as cataclysmic as a solar event taking out world computing...there are some who make the hypothesis that a return to record-high oil prices will force a reorganization of economies away from globalization toward localization.

No more Chinese manufactured goods in North America. No more fresh berries in the winter. These things will no longer be economically viable, or perhaps merely luxuries afforded only by the wealthy.

Some are still predicting $200/barrel oil prices in the foreseeable future. What would it take?
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