resources

Post #39 – How Skype Helps Large Mining Companies Not Give A Shit

I have family and friends alike who have been fortunate enough to cash-in on Australia’s mining boom. Even though it looks like the ‘boom’ might finally be petering out, there’s still money to be made. But the golden goose doesn’t seem to be laying the golden eggs anymore… and I personally blame Skype.

You see, Skype and other forms of new technology have helped the mining industry break barriers that have existed ever since this country has had white folk in it. These barriers have been…

  • Isolation – Australia is a fucking big country. Its vast distances meant that a mining town (i.e. Broken Hill or Ballarat) was permanent and therefore needed investment and infrastructure. Otherwise labour wouldn’t be enticed to live and work near or at the mines.
  • Community – This investment fostered a sense of community and camaraderie in these mining towns, so much so that the employees banded together.
  • The Workers – United together they formed associations and unions to increase economic and political influence for the betterment of their lot in life, their community, and last but not least…
  • The Nation – The royalties, tax collection and economic stimulation played a large part in making Australia one of the richest and opulent nations’ the world has ever seen.

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Post #10 – When Should I Start Learning Mandarin in Preparation for My Chinese Overlords’ Arrival? Pt. 2

In my last post we were looking at China. We’ll probably continue that trend because, well, that’s what we agreed upon… and I’m a man of my word. I’d hate to leave you all in suspense. Let’s pick up where we left off: China and resources; this time around we begin by looking at that sticky icky stuff again (however we’ll get to the people of China very soon).

Oil has been called ‘the life-blood of the global economy’ – and for no small reason. It has, more than any other resource on earth, played a pivotal role in the great economic transformation that included an explosion in wealth and population growth across the globe over the last 150 years. However, unlike the U.S.A which founded most of its military and economic strength off of its oil wealth in the early 20th century, China “is already dependent on external sources for 54% of its oil, and many experts predict it will be the world’s largest importer of oil by 2025”. As noted before though, China’s “increasing dependence on external sources of energy has led it to befriend any number of authoritarian regimes…” meaning for the foreseeable future, a steady stream of oil is guaranteed. When China has turned to its’ immediate region to lock in future oil supplies (more…)