Few of those states invested in their people and their infrastructure. Instead they created an almost UBI for their population. It's enough to keep them relatively passive. Cheap gas and just enough to get by. All the while they've created a sense of entitlement in their population. Look at how they treat immigrant labor.
Sadly this population didn't take their minimal freedom to pursue the arts or sciences. While there are instances of individuals improving their life, developing skills and preparing for a post-oil world, the bulk of their society just floats. Moving off oil will pull the plug on their basin. Their societies will probably go down the drain.
Watch out for Europe when that happens. These groups will migrate north and west. I don't think you'll see an exodus into Asia. Given their poor skills, Europe will have a hard time incorporating them into general society. In the end they will probably ghetto-ize. Now Europe will be a melting pot of terrorism. Disaffected young males, the primary target of extremist groups, will be sitting, by the millions, in slums in and around major European cities.
TL;DR: Oil, for all of its faults, stabilizes the world. The US military budget keeps that around.
So maybe oil hasn't been a net benefit for these countries. In any case, if we stop needing their oil, their capacity for causing trouble will be drastically diminished.
I think in a few decades their new need for self reliance could pay dividends. They could be living much better in the long run.
http://www.forbes.com/sites/lorenthompson/2012/12/03/what-ha...
I really hope you're mistaken. I'm terrified you aren't.
How about climate change? Meteors, supervolcanos? These are all things that have destroyed the majority of either humanity or life on earth at some point in the past. And then there's horrors of war, plagues, earthquakes, and tsunamis, which have the capability of killing double-digit percents of regional populations in short amounts of time. Terrorism has never killed even a tenth of a single percent of any population.
Sure, you can worry that terrorists /might/ get nukes or biological weapons. But unstable national governments already have these things. The number of times that the USSR and the USA accidentally almost started a nuclear holocaust via tens of thousands of superbly-engineered ICBMs is vastly more concerning than a bunch of poorly funded, poorly organised idiots that might set off some homebrew weapon.
There are vastly more impactful things that /have already proven to exist/ to be worried about and prepared against.
Yes, some currently turn to terrorism and kill fewer people than automobiles. You're implying that the number of deaths won't grow at all when an entire region of the globe loses it's major cash cow.
Now try that at a global level, I'm betting entire countries would have their life styles completely altered. Who knows, maybe entire currencies would become worthless in the process. Would it eventually even out where everyone could do well. Yeah, probably, but would people let you see the plan play out?
I hope someday that yes, we could stop fighting over resources and come togehter as a world to ensure we all have what we need. This is one area that I wonder if we can change in time.
[0] http://www.cnsnews.com/news/article/terence-p-jeffrey/us-has...
Senator Mich McConnell has done the exact same for those poor people... Nada.
I supposed we have to try if nothing else. I don't have in mind any other solutions other than universal basic income.
http://www.wsj.com/articles/better-than-raising-the-minimum-...