Where in the World is Rice Farmer?

1 post / 0 new
Rosemary Sims's picture
Rosemary Sims
Status: Bronze Member (Offline)
Joined: Oct 2 2008
Posts: 81
Where in the World is Rice Farmer?

I follow the infrequent posts of Rice Farmer on his blog and have often wondered which part of the USA he is located.  Such pragmatism from a view closely connected to the earth sort of feels like listening to grandpa during a winter evening around the stove on the farm.  I live in the middle of the "rice basket" in Louisiana and have never heard such subtle pragmatism here, so where is he, this subtly succint blogger?


"Crude Must/Must Not Rise

only way for governments, corporations, municipalities, and consumers —
all of whom are up to their eyeballs in debt — to have any hope of all
at servicing their debt is to have continuing high economic growth. Of
course, oil is the key to growth, and that’s why OPEC recently decided not to make any more cuts,
because they too realize how essential cheap oil is to world economic
growth. Now we have a bear market rally, which is really only the
faintest glimmer of hope, yet that has been enough to propel crude back up to $49.
Dear reader, if oil jumps to near $50 on that alone, imagine what could
happen if we really do have a comeback. So, to fuel economic growth,
crude must not rise.

On the other hand, any regular visitor here
knows also that current crude prices are too low to support enough
exploration and development to replace oil reserves lost through
depletion. To assure a continuing flow of oil, the price should
approximately double.

The discerning already see the problem.
Crude prices must rise, but they must not rise. Therefore, now is the
moment that humanity must decide to “let go,” and abandon the
perpetual-growth economy. More on this in the near future."


Login or Register to post comments