This is a cycle that repeats itself over and over again. I suspect we are approaching another tipping point. I wonder which currency will take over from the Dollar if that happens. The Euro or the Yen?
Since you mentioned WW1, I wonder how you, as an historian, about the idea that WW1 was the first 'oil' war? I've seen it mentioned that one of the factors which may have precipitated the war was the decision by the navies of both the UK and Germany to switch their fleets from coal to oil power.
War was also declared just before a railway link, joining Germany to the Persian oil fields, could be completed. I have also read that the first British unit to be deployed after declaration of war was sent to Basra.
It all sounds a little to much of a conspiracy theory to me, but rather more convincing than the idea that the assassination of a fairly minor royal could plunge the whole of the western world into war.
(In my original post I mispelt plunge as plinge - I almost left it as plinge has such a pleasant sound to it as a word - I will almost certainly be trying to invent a meaning for plinge at some time during the day and use it in a meeting or casual meeting with my workmates)
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Date: 2008-08-06 06:57 am (UTC)Since you mentioned WW1, I wonder how you, as an historian, about the idea that WW1 was the first 'oil' war? I've seen it mentioned that one of the factors which may have precipitated the war was the decision by the navies of both the UK and Germany to switch their fleets from coal to oil power.
War was also declared just before a railway link, joining Germany to the Persian oil fields, could be completed. I have also read that the first British unit to be deployed after declaration of war was sent to Basra.
It all sounds a little to much of a conspiracy theory to me, but rather more convincing than the idea that the assassination of a fairly minor royal could plunge the whole of the western world into war.
(In my original post I mispelt plunge as plinge - I almost left it as plinge has such a pleasant sound to it as a word - I will almost certainly be trying to invent a meaning for plinge at some time during the day and use it in a meeting or casual meeting with my workmates)