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Global Oil Supplies

As China moves out of communism into capitalism, China’s energy needs, start to reach those of the USA. If ever there was a threat to world peace this is it.

Already millions of people are dying or being killed in the Sudan as a result of China's use of their oil reserves. China's energy requirements are now increasing by nine per cent each year. Within 10 years we shall have to pay more than double the present price of petrol.

All talk of reducing C02 emissions will be an irrelevance as China doubles the present global level of CO2 emissions. If changing from communism to capitalism is going to destroy planet Earth, we had best take a look at what is wrong with capitalism and correct the error.

This error can be stated in very simple terms, which are so simple, they may not communicate the enormity of the problems they create. Capitalism is in fact a way of producing money without making any contribution what ever, to the creation of the wealth which the money can then buy.

The simplest and most direct method of doing this is to actually sell credit for money.

But there are all sorts of other methods by which money can be made to make money. And that in essence is all that capitalism is, the exploitation of the means of exchange in order to acquire goods and services without having to earn them.

If we looked into it sufficiently closely we would discover that when communism bites the dust international bankers move in, and enslave the people with debt. Human beings do not like to be slaves, so when they discover that they are in fact in debt to the company store, and can never get out of debt, they are likely to rebel and cause trouble. And that can lead to bloodshed and genocide and total chaos.

All we have to do to correct this is to confront what is actually happening and take away from the bankers the right to create and issue new money and restore that prerogative to the government.

The government alone must have the sole right to create and issue new money and must be taught how to do so correctly.

Unless we are prepared to face this problem, using the price of petrol in our cars, as a wake-up call, to the realisation that something is horribly wrong, this whole problem of capitalism, will get steadily worse until it destroys life on this planet.