Is Katrina just a precursor of things to come?

by zagor 34 Replies latest jw friends

  • zagor
    zagor

    If damage from one storm is going to cost, as they say, over a hundred billon dollars what would happen if we have another storm like that one, and another, and another, and another....

    I mean prices of fuel have jumped to record high all over the world as result of one storm, how bad can it get really? Just this simple analysis would tell me that in a year or two of such hammering economy of the entire world could collapse. And we probably wouldn’t even need to have type of storms seen in The Day After. Looks like fast-forward (or backward) to bronze age to me.

    I hate to sound like fatalist but I cannot but wonder. I’m sure JW rejoice in it, though I cannot see how normal human being can be happy thinking about it.

    Your thoughts are welcome.

  • professor
    professor

    Katrina circumstances were highly unique. A repeat is not likely in our lifetime. Is it?

  • zagor
    zagor



    Katrina circumstances were highly unique. A repeat is not likely in our lifetime. Is it?



    Hope not.
    Though I hear insurance companies are bracing themselves for possible onslaught of storms and how to respond... there is something in the air otherwise they wouldn't panic, would they?

    And global warming is apparently just on horison, we haven't seen worst of it yet.

  • professor
    professor
    global warming

    Yeah. that. scarry stuff...

  • Simon
    Simon

    The forecasts are that "extreme" weather will become more regular. It may mean that the existing way of living in certain areas becomes less viable.

  • zagor
    zagor

    I'm not sure if you are being sarcastic "professor" or what, but that climate is changing is well documented. The only issue among most of the scientific community is whether we are doing it with pollution or is it sun that does it.

    However, if you have some research to back your thesis I'm all ears.

  • foreword
    foreword

    Katrina was particular in that it hit New Orleans, which is a hub for oil refineries and gasoline distribution. If you look at it you'll notice it really didn't have that much of an impact on oil prices, actually, oil prices have come down since (maybe not at the pump but crude oil has) about 6 bucks a barrel. So not all hurricanes will have an impact on oil prices.

    Natural disasters are in a sense good for the economy since people have to rebuild, creating jobs and a flow of money. However, too many in a short period could be disastrous.

    As far as JW rejoicing over economic collapse, little do they know that maybe they'll have to starve before the big A hits. The great tribulation precedes the big A (according to the bible) and they are ill prepared for such a collapse. They have the view that once everything comes crashing down the end will come and they'll be rescued. They might dance at first but the dance might not last long.

    Personally, since things are not looking up, we might eventually see a correction in the markets. The pyramid scheme of capitalism will need to be rectified since now the middle class is starting to feel the pinch. Too much money at the top and too little at the bottom, it's bound to collapse. The world economy is pretty resilient and we could still be decades away from such an event.

  • Qcmbr
    Qcmbr

    Forget religion in this one. I think this is a forerunner. As cities continue to expand and insurers continue to insure the potential for gloabl finacial trouble gets greater. If global warming does make our weather more extreme then Katrina is probably just a taste of trouble ahead. If we add terrorist attacks to the mix it wouldn't take much to turn our debt based economies upside down. Western economies , UK in particular, gain an awful lot of money from finacial markets that can get hammered by disasters.

  • ballistic
    ballistic
    oil prices have come down since

    They are manipulating oil prices through other means such as freeing up reserves. Europe is freeing up 2 million barrels per DAY. The world leaders know fully well that global oil prices could puch us into a huge recession.

  • talesin
    talesin
    puch us into a huge recession.

    We are in one now, tho I call it a 'depression' - soup kitchens everywhere, no jobs, no money for healthcare, education costs skyrocketing, people sharing apartments because rent is unaffordable, and it's only getting worse.

    Forget proving global warming, it's here, what about the ozone layer and strength of the sun? Are people BLIND and DEAF?

    hehe, early morning thoughts, uggh

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