About Leeches...
Camp is now getting much more boring than before. Well, consider this, a bunk which can house 11 people only has 3 occupants? Tsk, that’s a bit like OCS right? Or should I say even better since one person can afford to have a King size bed and sleep in nice comfort. Well, imagine last week when only Douglas was around. Ha, he could have a mega-sized bed all to himself! That’s how bad things are now in camp for me…I mean I can practically hear Akon’s hit ‘Lonely’ ringing in my ears…
I’m also living with a pool of leeches who just suck more and more from you. Well, it is not like last time where at least everyone shares each other goodies and ensures that all benefit (or trading). Now, there is only a limited supply facing an unlimited demand (ok, I admit that I am exaggerating, but it is still an infinitely large demand!), so it is natural that things get more and more expensive, and the worse part is, the suppliers gain nothing back from it! At least in a normal market economy the suppliers gain in terms of revenue, but now, it is a total loss to the suppliers.
Which reminds me, this is reminiscent of the current oil market. Yes, it is only natural for oil prices to rise because of the extremely large and ever-growing demand for oil. To be exact, I will say that I will be stumped if oil prices were to remain constant! I mean, if that ever happens that will be against the Law of Demand, as well as totally be illogical – that means people can get more and more and more of everything without paying more, i.e. greed is satisfied. Yes, and I must say that I am extremely against the idea of increasing oil barrels produced a day, since that means that we are just accommodating the demand and propel the world to doomsday faster.
Ok, why am I saying this? If we were to increase oil supply now, that means we are just taking future oil to be used now. That reduces the amount of oil for our future generations, which in turn means that they will be the ones who will have to face astronomical increases in oil prices and not like us now, where we merely just face a steep, gradual increase in oil prices. In fact, the high oil prices are necessary to remind us that we should cut down on our consumption of oil and turn to alternative energy sources as well as a more efficient way of using energy. Yes, people are screaming that all this high increase in the price of oil will slow down growth but that is exactly what is needed especially since we are hitting burning point. It is better to cool down than to let it explode.
Actually, I will just say that oil has taken over the role of money in controlling the global economy. In this period of easy money, money has basically stopped its role of being a tool for controlling the economy’s growth rates. So here comes oil and I think it has filled up this role pretty well since it is much tougher for people out there to flood the whole world with oil. So yes, I believe that the key to solving the current oil crisis is to turn to other energy sources, as well as cut down on our reliance on oil.
I’m also living with a pool of leeches who just suck more and more from you. Well, it is not like last time where at least everyone shares each other goodies and ensures that all benefit (or trading). Now, there is only a limited supply facing an unlimited demand (ok, I admit that I am exaggerating, but it is still an infinitely large demand!), so it is natural that things get more and more expensive, and the worse part is, the suppliers gain nothing back from it! At least in a normal market economy the suppliers gain in terms of revenue, but now, it is a total loss to the suppliers.
Which reminds me, this is reminiscent of the current oil market. Yes, it is only natural for oil prices to rise because of the extremely large and ever-growing demand for oil. To be exact, I will say that I will be stumped if oil prices were to remain constant! I mean, if that ever happens that will be against the Law of Demand, as well as totally be illogical – that means people can get more and more and more of everything without paying more, i.e. greed is satisfied. Yes, and I must say that I am extremely against the idea of increasing oil barrels produced a day, since that means that we are just accommodating the demand and propel the world to doomsday faster.
Ok, why am I saying this? If we were to increase oil supply now, that means we are just taking future oil to be used now. That reduces the amount of oil for our future generations, which in turn means that they will be the ones who will have to face astronomical increases in oil prices and not like us now, where we merely just face a steep, gradual increase in oil prices. In fact, the high oil prices are necessary to remind us that we should cut down on our consumption of oil and turn to alternative energy sources as well as a more efficient way of using energy. Yes, people are screaming that all this high increase in the price of oil will slow down growth but that is exactly what is needed especially since we are hitting burning point. It is better to cool down than to let it explode.
Actually, I will just say that oil has taken over the role of money in controlling the global economy. In this period of easy money, money has basically stopped its role of being a tool for controlling the economy’s growth rates. So here comes oil and I think it has filled up this role pretty well since it is much tougher for people out there to flood the whole world with oil. So yes, I believe that the key to solving the current oil crisis is to turn to other energy sources, as well as cut down on our reliance on oil.
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