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This is particularly timely after the Taliban routed the US in Afghanistan in May to August of last year. An interesting thing here is the central role played by energy in this analysis; this article was before the fracking boom (see https://en.wikipedia.org/wiki/Peak_oil#/media/File:US_Crude_... and https://en.wikipedia.org/wiki/File:Hubbert_Upper-Bound_Peak_..., which shows the US fracking boom, though not the recent decline) and before the last factor of 8 or so decrease in the cost of solar panels made them cheaper than fossil fuels in much of the world. So it predicts Iran and Russia will be "energy kingpins" in 02025, which doesn't really seem to be in the cards. Maybe China will be an "energy kingpin"—it could cover the Gobi with PV panels and run HVDC, which might be outside the state capacity of countries like Perú, Saudi, and Libya which control vast desert territories on paper. But, so far, despite installing more PV capacity than the entire rest of the world, China's PV capacity factor is a disappointing 13%, compared to 29% in California, so it's apparently making terrible choices about where to site its solar farms. (Still better than the 10% you get in Germany or the Netherlands.) For the last 2500 years the "world's reserve currency" has been gold, except for the last 77 or so. That could easily happen again. Bitcoin was kind of gunning for that position, but China's thoroughgoing rejection of it forecloses that possibility for at least a generation, and Bitcoin could easily cease to exist in that time. Although the knowledge of this article's author about computer security seems to come from Hollywood, the computer security situation is indeed extremely grave, and as more and more things become digital, any state that doesn't take it seriously and take effective measures to improve the situation is likely to be destroyed. Presently, that means every state in the world. It's true that when financial and military collapse comes, they are likely to come very quickly. |
