Pessimist or a Realist? Our Present Situation – Part 4, by The Lone Canadian
(Continued from Part 3.) The Real Energy Crisis Energy is the lifeblood of progress and industrialization. We don’t refer to countries as Second World or Third Worldworld anymore, that’s not politically correct. Now we call them “emerging markets.” And for them to “emerge” from Third World, or Second World status to take their place at the “big boys” table internationally takes energy. “Developing Nations” need energy to develop – pretty simple. And not just energy, but a stable supply of relatively cheap energy. The more they develop, the more energy they need to continue to develop. We may have hit …