What I think will probably happen
Predicting the future never works so I'm going to do it anyway.
(This page is partially my opinion).
Whatever happens, it won't be the same as now and it wont be pleasant.
Just about everything we need is in decline.
Or to be more specific, in many cases such as fossil fuel, all the cheap easy to get stuff has been used up.
Global fish stocks,
Fresh Water,
Soil,
Bees,
Crude,
Coal,
Gas,
Uranium,
Arable land
Space,
Wealth,
NEXT ADD THE FOLLOWING;
-
As well as adding 2 billion people by 2050,
-
Add Climate Change into the equation making it harder to grow food,
-
Then consider that the only reason the population has thrived from 1 billion in the late 19th century to 7 billion now is due to cheap energy (Oil).
-
Add an aging population,
-
A declining birth rate in the "developed Countries", (by 2050, not enough young to support the pensioners),
-
National debts that have blown out of control. (The total US total debt is over $57 trillion. includes pensions, medicare etc..)
-
And finally a global monetary system that requires increasing debt and expanding economies to continue to function. (The debt is too big to service and may never get fully repaid).
I don't know exactly what will happen but things wont stay the same.
Probably there will be a move away from the US dollar causing multiple economic crash's including the US dollar.
Some of the gap is taken up by unconventional oil such as Tar Sands
Shortly after this a dramatic change in global financial systems occur.
By 2100 about an extra 1 billion people (at least) starve, die of preventable diseases or get killed in armed conflicts mainly over resources.
Somewhere here but
at the latest after oil production crashes, the $US dollar crashes.
The market quickly changes to Electric vehicles. Unfortunately there are not enough second hand vehicles so lower wage earners in outer suburbs can no longer afford to run them.
About 2018 - 2020, large scale implementation of batteries for domestic solar starts. This cripples Australian Coal and Coal power. The Public backlash against them for their past actions. Specifically not implementing Renewables, lobbying against Renewables, distorted propoganda and the $42 billion needlessly spent on infrastucture (which raised prices 50%).
By 2030 Coal markets crash.
Crude and Gas also get seriously phased out.
You are here