Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
Going back to the food/energy/money dependence thing: What can a country without independence in those fronts do? In the short-term? Obey (which is what Krugman was - in my view correctly - saying).

A government with vision (or interest in the common good) would raise the autonomy on those fronts during the next couple of years so that it would be in a reasonable bargaining position in the future.

I think the options on the table seem to be the worse:

  1. Obey, but not with the objective to get out of the dependent position

  2. Risk disobeying, but too soon would mean probably suffering (starvation/poverty et al).
by cagatacos on Mon Feb 11th, 2013 at 05:38:30 PM EST
[ Parent ]
A country lacking enough domestic food and fuel can import from abroad. Other imports can be reduced.

Peak oil is not an energy crisis. It is a liquid fuel crisis.
by Starvid on Mon Feb 11th, 2013 at 06:01:08 PM EST
[ Parent ]
In time and with proper planning and control.

Which requires lead time.

Lead time that an incoming popular government will not be granted, and which the outgoing cronies have not taken.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Wed Feb 13th, 2013 at 02:17:04 PM EST
[ Parent ]

Display:

Occasional Series