Actually its this:
Did you notice the glaring outlier? Iceland.
You thought Iceland was doing OK now, well you are right, firstly they jailed the bankers and told the fraudsters they were not going to underwrite the gambling losses of the finance class.
Secondly and most importantly Iceland is the 13th largest Aluminum exporter in the world. Aluminum is a strange material in the fact that the only way to refine it from ore is the addition of vast amounts of electrical energy. Aluminum is very common in the earths crust, almost any random rock you pick up will contain aluminum in some form. Almost any country could become a serious aluminum producer if they had enough cheap energy available. Each kilogram of Aluminum produced contains the energy equivalent of 6.22 barrels of oil or an average lightning strike. So a country that exports aluminum is really exporting electricity or more broadly speaking energy. I’m quite sure that this image dose not take into account the amount of energy in the form of aluminum being exported. Iceland is blessed with a small population and significant geothermal energy resources an the capacity to build hydro dams because of its short steep rivers.
Aluminum prices did in fact double following the financial crisis, showing that it was in actual fact and energy crisis.
So long term Iceland’s economy has good fundamentals, good energy sources in a world of uncertain energy security.
The most recent and controversial aluminum smelter in Iceland actually built its own 600MW hydro dam which had a larger capacity that the entire national grid, just to make its own electricity for refining.
Worldwide peak oil was in 2008 this of course coincided with the global financial crisis this is no surprise, these events are very much interconnected, consider how much your current industrial revolution based lifestyle is dependent on oil.
Oil transports the fertilizer, plows the field, plants the seeds, harvests the grain, powers the truck that drives it to your town or city and then it powers your car when you drive to go and buy it. So obviously shortages of oil in the future will drive up costs and drive down profits, chaos is guaranteed when the speculators find out about this. And that’s what happened.
Q: Why is no one talking about an energy crisis?
A: The same reason they don’t scream fire in a crowded theater when the doors are locked.
Peak oil: It’s when a civilization ‘jumps the shark’, close to the end of ‘happy days’
Today, we can celebrate the resignation of the former media team of Occupy Melbourne. Although there is a group of people that still clings to the public webspace of OM as gatekeeper for the 1%, those still interested in continuing the experiment of building a new society within the shell of old dying one have decided to keep the movement moving with a different swinging media team.
How has it all begun? In 2011, the wind of change blew the seeds of the occupy tree around the world. When it started sprouting in Melbourne, it was detected by a control freak, ambitious for a political career. Let’s call this person Nick (similarities to real existing persons are purely intentional) for now. When Nick saw the sprouting happening, he called some friends to help transplanting this wilding growing movement into a tiny flower pot.
He called this flower pot ‘media team’, and he and his friends swore to each other to tend this movement, to water it, let nobody close to it, and tell everyone what a beautiful fruit tree is growing in their tiny flower pot. After a short while, they stopped believing their own lies about the massive orchard quelling from their flower pot, and even stopped watering their catch at all.
So they told everyone that couldn’t change the topic fast enough how dead OM is – they must know, their captured seedling withered away long ago. And while the media team managed to transplant some more wild seeds into their flower pot, it was certain that all that was occupy in Melbourne was dead and gone. Viciously they guarded the online corpse of ‘their’ movement, and trampled on anything grassroot like that still held the Occupy banner held up proudly.
So let’s call them agents of Monsanto. That’s probably as wrong as calling them government spooks, still funnier and closer to the truth. The media mafia was more interested in success within the corrupt system than bringing it down. One of the incapable gardeners, let’s call him James, couldn’t wait to announce the death of OM, and now makes a buck from selling his obituary as lecture at the University Melbourne. Kudos to James to commercially exploit an ‘anti-capitalist’ movement.
As the media team spend most time lamenting the death of the movement, and started a campaign of shameless self-promotion based in their decisive position within this movement, they blessed the occupiers continuing the ideas of the global movement with ignorance.
The ‘official’ OM sites and facebook pages are currently maintained by a bunch of trolls. They have created a cyber zombie designed to wreak havoc among the activist community. However, the cold, icelandic polit bureau times are as good as gone. A movement that aims to change society and culture cannot be impeded by some self-obsessed, potentially sociopathic political amateur ideologues, at least not for long.
As Occupy Melbourne continued to win hearts and minds of the Melbournians, without any support of the media team (which hijacked the funeral procession of Rob Doyle’s career for more self-enlargement and media whore moments). Without the polit bureau, the movement consolidated.
Only time can tell whether the Icelandic heroes let go of their prey. However, if you want to study disinformation strategy follow the ‘official’ Occupy Melbourne fb page, still hijacked by the media team.