Last night, I watched Christiane Amanpour's report called Czar Putin on CNN. What intrigued me was the way in which the bourgeois perceives America as a threat. Years after the cold war ended, there still exists a sizeable faction that thinks that Sarah Palin can not just see Russia from her window, but also their natural resources .a.k.a. oil!
Oil. It is amazing what this one resource has done to the world. There is hardly a rival that can challenge the power of this resource. From improving lives to taking lives, oil has influenced history like no other.
I wonder what would happen when this entity runs out and people move towards sun, wind and water for all their energy needs.
* What would happen to all those countries that have oil exports as their major source of income and employment?
* How would the financial markets behave sans oil futures?
* Will there be technology to tap solar energy near the equator and distribute it to countries away from them?
* Will there be an end to all the wars?
* How would classroom discussion change in international finance, specially in trade?
* Will the world be a safer place? Will the ecosystem be restored? Can our children and grandchildren live life to the fullest, like never before?
* Energy independence has the potential to create a new political landscape? So will there be a shift in the global powerhouses?
I hope it all turns positive. But, will it? I wonder...
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