GAIA

GAIA and YOUR MONEY

How nature will reshape Globalization by 2020

By 2020 the world will become a different place as Globalization is replaced by ‘localization’ as the economic manta.

End of Globalization

The Global economy and market for high end (and highly profitable) manufactured goods  from the US and Europe (mainly Germany)  will radically shift as ‘developing ‘countries such as China and India continue to become technological and manufacturing leaders.  China and India are reaching the top of the ‘valued added’ scale as China’s successful Lenovo computers (which used to be IBM owned), China’s space program and Tata of India’s takeover of British Jaguar and Land Rover highlight.

Once the Asian markets are no longer export ‘growth areas’ and become ‘competitors’ at all levels of manufacturing and technology , European and North American companies will have to look to their own populations more and more as their almost exclusive customers: for profits and survival. 

Only raw material suppliers – of wood, minerals and surplus oil and gas -- will be needed by China, India, and the rest of the Far East.  So Canada will continue to do well.   

 

End of high oil and gas prices

And as the US becomes self-sufficient in oil and natural gas thanks to fracking technology, and becomes a net exporter of energy by 2020 (according to published projections), the world’s energy balance will shift beyond recognition. 

Middle Eastern oil -- without high demand from the US and other areas exploring fracking  - will drop in price and the Brent crude standard will fall to levels not seen since the first Arab oil embargo of the  1970s (in inflation adjusted dollars). Oil and gas energy will make ‘wind’ and ‘solar’ and ‘battery power’ so uneconomical in comparison that diehard eco-fanatics will lose sway. (Europe, which has massive fracking potential, will foolishly delay this GAIA gift under environmentalist, wind and solar power eco-mania for an extra decade.)

In Canada, fracking has begun in British Columbia, and throughout the East Coast provinces. Ontario’s’ gas potential is known and awaiting government approval, and the energy reserves hidden in Quebec’s Gaspe area will some day restore prosperous once again, when eco-mania  loses its sway in Quebec City.

As for Alberta’s tar sands, their heydays are numbered.  Soon it will lose its closest and primary market —the US – and need to look to East Asian customers and oil tanker ships -- which increase transportation costs while reducing daily volume.   (That is why I see the Keystone XL pipeline expansion project as a pointless waste of money as it will be ‘obsolete’ within 5 years  --  unless, of course, we plan to import cheaper US oil into Alberta!!!)   

Jobs

Another plus to locally based energy will be the restoration of ‘local’ jobs – through energy sector engineering, construction and skilled labour; as well as in the stores and goods and housing needed to support these booming industries. 

 

SUMMATION

 Western countries will have no option but to refocus to their ‘inner’ consumers and markets, and eventually revitalize ‘local’ employment’ as the East rises to full industrial and technological equality and leadership.

The gifts of Gaia – in the form of oil and gas fracking – will save the West from its ongoing Recessions/Depression and allow a new era of low cost energy self-sufficiency  -- as shale oil and gas are found almost everywhere on the planet.   

 So say goodbye to outsourcing and hello to ‘insourcing’.

And thank you Gaia!