Subscribe to Blog via Email
Join 23.6K other subscribersBlog Stats
- 17,039,069 hits
RSS Links
Follow Comments:
Translate
Archives
-
Recent Posts
- China and US Trade Talks: A Solution for Oil Shortages?
- Losing the Iran War May Be the Best Outcome for the World
- A New Explanation for Tariffs and Bombings
- Understanding Deglobalization: The Role of Diesel and Jet Fuel
- 2026: Expect a very uneven world economic downturn
- Too many promises; too few future physical goods
- A lack of very cheap oil is leading to debt problems
- What has gone wrong with the economy? Can it be fixed?
- Sierra Club talk that may be of interest
- Why oil prices don’t rise to consistently high levels
Creative Commons License
Category Archives: News Related Post
Advanced Economies Are Being Pushed Toward Financial Collapse
The US and many other Advanced Economies are likely heading into a worse and longer lasting financial crisis than the 2008 crisis, starting as soon as this summer. The problem will likely not start out as a full financial collapse. Instead, various leveraged borrowers will encounter difficulties. Gradually, the finances and very structures of many government organizations are likely to be threatened. Continue reading →
Share this:
Posted in Financial Implications, News Related Post, peak oil
|
Tagged debt defaults, nuclear energy, oil limits, peak oil, uranium
|
1,987 Comments
Energy limits are forcing the economy to contract
My analysis indicates that our expectation of what goes wrong with inadequate energy supplies is wrong. Strangely enough, it is the finances of governments that start to fail, early on. They add too much debt to support investments that do not pay back well. They add too many programs that they cannot be supported for the long term. Continue reading →
Share this:
Posted in Financial Implications, News Related Post
|
Tagged coal, diesel, Government debt level, low oil prices
|
1,771 Comments
The world economy needs to simplify
Economic growth and added complexity sound like they would be good, but at some point, the combination gets to be too much–simplification is needed.
Too much of the world’s income starts going to non-working individuals and to high-earning workers in privileged fields. Continue reading →
Share this:
Posted in Financial Implications, Food issues, News Related Post
|
Tagged complexity limits, energy limits, limits to growth, US healthcare costs
|
1,651 Comments
The bumpy road ahead for the world economy
The path ahead looks very bumpy. The US is likely to be kicked out of its role as global hegemon. Rival countries may choose to attack the US with nuclear weapons, or the US may lash out with nuclear weapons as it sees its hegemony fail. Continue reading →
Share this:
Posted in Financial Implications, News Related Post
|
Tagged bank failure, energy supply, hegemony, nuclear war, oil supply
|
4,101 Comments
The Fed Cannot Fix Today’s Energy Inflation Problem
I expect that the rich countries of the world, including the US, Europe, and Japan, are in line to be adversely affected by high interest rates this time. With their high levels of complexity, they are among the most vulnerable to disruption when there is not enough oil to go around.
The problem I see is that rich countries expect to maintain service economies that are fed by huge streams of manufactured goods and raw materials from poorer countries. This pattern appears unsustainable to me, in a world with falling exports because of energy problems.
Continue reading →
Share this:
Posted in Financial Implications, News Related Post, oil shortages
|
Tagged complexity, natural gas, oil price, oil supply, student loans
|
4,007 Comments
