2.15.2006

Iraqi Dinars

I just saw a Google AdSense ad for Iraqi dinars on my page. Don't buy them! I won't say it's a scam and that Iraqi dinars will never increase in value. I will say that military personnel are disallowed from speculating in Iraqi currency and even those who are allowed would find it difficult to collect even if the Dinar gained value.

The world is coming to an end

I spend a lot of time reading about negative trends in society - dystopia amuses me. I believe that mankind is going to hell an in a hand basket because:
  • Natural resources will soon be depleted. Industry is dependent on cheap oil and mineral resources. Oil production has peaked and no new energy sources are forthcoming. Scientists are also beginning to sound alarms about running out of commonly used metals like copper and aluminum. People should realize that nearly everything is made of plastic, copper, or aluminum now. No oil and we have no plastic. No plastic and we have no electronics, or consumer goods. No copper and we have no electricity. No aluminum and we have to stop manufacturing cars and airplanes. We might find ourselves in deep dodo sooner than we realize.
  • The world is awash in unrest fomented by religious fanatics that hate freedom. Islamic religious fundamentalists do not desire religious freedom. They want to kill all the infidels - hint: if you are not Muslim that means you - wipe Israel off the face of the Earth; and establish a world wide caliphate - a backward world where women are viewed as chattel, religious freedom is banished, and scientific education takes a back seat to memorizing the Koran. What is amazing, is that the world still refuses to take the threat seriously. Russia just invited Hamas, a terrorist organization, to Moscow for talks.
  • The World's economies are doomed to failure. Every major economy in the world is based on a fiat money system which inherently has a finite lifespan. Under a fiat money system, the central bank holds an essentially unlimited store of money - governments can print the money as they please. Fiat money loses its value over time since it becomes necessary for governments to print more and more money. Economic distress creeps up social brackets starting with the poor who can least afford for their money to lose its value, than the middle class who usually have the ability to borrow large amounts of worthless money, than finally ends with the rich who profit the most because they control the flow of money. See this post for a better explanation of why I think the global economy will be in trouble.
  • Hunger will spread from Third World countries to developed nations. One word: overpopulation. Developed nations have recklessly destroyed farmland and grown unsupportable population centers (shopping malls!) where farms once stood. Urban sprawl will starve us all. Also, corrupt governments in Third World countries prevent the populace from ever developing the ability to feed themselves - which will increase the strain on the soon-to-be hungry Western nations.
  • Disease and pestilence will kill those whom terrorism and hunger spared. Doctors are warning the public that overuse and abuse of antibiotics has developed drug resistant strains of bacteria. Soon we will have a "super" bacteria with no treatment that will sweep the nations' hospitals leaving doctors helpless in its wake. Also, the world is even more vulnerable to a pandemic virus due to advanced transportation networks and inadequate public health safeguards. The current bird flu scare being a prime example of the horror to come.
  • If Iran or North Korea is allowed to acquire nuclear weapons, we shall all die. Do I need to explain why it is bad for crazy people the most powereful weapons on the planet?
I would say that we are all going to die, (facetiously of course) but I think the lucky people will die. I think we are all going to suffer instead.
Isn't the future bright?