 We all have been reading a lot about the the imminent crisis that is
facing all of us today and a lot has been said about this but is it
having an affect or it is just being treated as another crisis that
will just pass and everything will be okay . The truth is this economic
crisis is the gravest challenge that the world is facing today and if
not addressed properly it can lead to wide spread devastation and
ultimately annihilation of the human race.
There are three main issues that are facing the world today
a) Global Ennergy Crisis
b)Global Food crisis
c)Global Environment crisis
All these three monsters are inter related and are threatning to tear the world apart.The energy crisis we are seeing today with global oil prices well abobe $135 a barrel it can and it will spiral into a major crisis if not addressed properly and on time , scientists have already perdicted that the world may have oild reserves for another 50-60 years and if by that time alternate fuel sources is not invented our children and grand children will have a very very difficult time.
Today with the increase in the enrgy costs we are also seeing a rise in the food prices not only in India but around the globe , people have now deciding whether to eat or to fill up a tank of gas. In the United States where public transpoort is a luxury except for those who live in the cities like New York , Los Angeles , San Francisco etc people have to depend on their own private vehicles for transportation , people in America like big cars , big SUV's but now because of the high gas prices people do not want them anymore , the sale of SUV's and Trucks have dropped by 37 percent , so deep is the crisis the General Motors has decided to close down 4 SUV and truck manufacturing plants in the US , Mexico and Canada.
The oil crisis along with the crash of the housing market has dealt a death blow to the once might US economy and mind you if the US economy goes down it affects the entire world.The housing market crisis was bound to happen as the banks lent money to individuals with poor credit scores and then when those individuals could not pay back the loan the banks were in deep economic trouble as they were vaults were all empty. This also led to the collapse of Bear Stearns and many other financial institutions.
With such a crisis facing all of us it becomes all the more important to invent alternative energy sources like Bio Fuels which Brazil is producing on a large scale these days to fuel its automobiles , following its foot steps United States today is also investing heavily in the bio fuels and my guess will be all developed countries will follow the same pattern , but a word of caution here , farmers today will be producing more sugarcane and corn because it is liquid gold for them and today the farmers who have been producing food grains will only produce sugarcane and corn to make bio fuels , this is major cause of concern because if all the farm land is used up for production of corn and sugarcane who will produce food grains ?? This will spiral a global food crisis and the irony will be people will have lot of money to spend but no food to buy , food will only be available to people with muscle and this will cause a deep divide in the society which will become very difficult to bridge.
The environment remains a major cause of concern today with large chunks of the arctic ice melting and increasing the sea level , and may be in about 80-100 years time many of the big cities and exotic holiday destinations will be under water, but mind you sea-water , which is not fit to drink and needs costly recycling measures to make it drinkable.With the earth's rising temperature we have seen increase of droughts , crop failures and the once might rivers shrinking , with the emission of green house gases we alreayd have hole in the ozone layer and day by day more and more cases of cancer and heart diseases has been noticed.
I would appreicate thoughtful comments and suggestions lets all make our world a better place to live.
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