A Quote by Rakesh Jhunjhunwala
Alternatives to oil are coming up. In the long run, it is not going to be as bleak as people are predicting but surely consumption of fuel by automobile sector is going to go down.
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My fear is that the global consumption of oil is going to increase, but European oil consumption has already reached its peak. The amount of oil available globally, I think, has already peaked.
Debt deflation is when there's less money that people have to spend out of their paychecks on goods and services, because they're paying the FIRE sector. Oil going down is a function of the supply and demand of oil in the market. It's a separate phenomenon.
We've got fuel prices coming down and good travel numbers coming out, so it's not surprising airline stocks are going up.
Our oil problems are only going to get worse. Our trade balance is only going to get worse. So we have to slow the growth of U.S. oil consumption, particularly imported oil consumption.
We must surely appear to the world as exactly what we are: a nation that organizes its economy around consuming twice as much oil as it produces, and around the profligate wastefulness of the wars and campaigns required to defend such consumption. In recent years we have defined our national interest largely in terms of the oil fields and pipelines we need to procure fuel.
You're seeing the first communist-produced automobile coming in to the U.S.. What I'm going to run on is a rebirth of capitalism.
The next level of mass consumption - and India is known for its consumption story - is really going to come from consumption in the rural areas. So that's going to throw up a lot of unique opportunities.
I do think that some of us began to realize that this was going to be a long struggle that was going to go on for decades, and you'd have to knuckle down. A lot of people in our generation did that. They didn't drop out and run away.
I do think that some of us began to realize that this was going to be a long struggle that was going to go on for decades, and you'd have to knuckle down. A lot of people in our generation did that. They didn't drop out and run away
Am I going to go to Heaven or Hell when I die? No. Is there going to be a second coming, and people are going to be stricken down? I find all that exclusionary.
You know, the world’s not running out of oil. There’s all kinds of oil left in all kinds of places. …We’re never going to run out of oil. But what the world is going to run out of, indeed, what the world has already run out of, is the oil you can afford to burn.
Yet if you go to the supermarket and look at food that's produced through industrial agriculture, look at what's happened to the prices. Have they been going down? They've been going up and they will continue to go up. So the choice is either, do we hitch onto a system of agriculture that's doomed and will doom the planet with it, and go along the route of industrial agriculture, or do we want to shift to a kind of system that we know is going to be, in the long run, cheaper, because we'll have a planet left at the end of it? We need to factor that cost in.
Although the United States cannot unilaterally lower the price of oil, it can reduce its consumption by using oil more efficiently and by developing alternative sources of fuel.
The illusion that consumption - and its correlative, income - is desirable probably stems from too great preoccupation with what Knight calls "one-use goods," such as food and fuel, where the utilization and consumption of the good are tightly bound together in a single act or event. ... any economy in the consumption of fuel that enables us to maintain warmth or to generate power with lessened consumption again leaves us better off. ... there is no great value in consumption itself.
When people come to Yoga, they are perhaps coming to it at the end of a long series of alternatives, and they're looking for something that's going to act very quickly. But Yoga is not a quick answer.
A small and sinister snow seems to be coming down relentlessly at present. The radio says it is eventually going to be sleet and rain, but I don't think so; I think it is just going to go on and on, coming down, until the whole world...etc. It has that look.
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