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Tag Archives: high oil prices
How Resource Limits Lead to Financial Collapse
Resource limits are invisible, so most people don’t realize that we could possibility be approaching them. In fact, my analysis indicates resource limits are really financial limits, and in fact, we seem to be approaching those limits right now. Many analysts … Continue reading
The Connection of Depressed Wages to High Oil Prices and Limits to Growth
In my view, wages are the backbone an economy. If workers have difficulty finding a job, or have difficulty earning sufficient wages, the lack of wages will be a problem, not just for the workers, but for governments and businesses. … Continue reading
Posted in Financial Implications
Tagged employment, high oil prices, limits to growth, per capita wages, wages
138 Comments
How High Oil Prices Lead to Recession
There is ample evidence that spikes in oil prices leads to recession, at least in the US, which is an oil-importing nation. James Hamilton has shown that 10 out of the last 11 US recessions were associated with oil price … Continue reading
Posted in Financial Implications
Tagged asphalt, diesel, gasoline, government deficits, high oil prices, hydrocracking, jet fuel, oil prices, recession
85 Comments
2013: Beginning of Long-Term Recession?
We have been hearing a lot about escaping the fiscal cliff, but our problem isn’t solved. The fixes to date have been partial and temporary. There are many painful decisions ahead. Based on what I can see, the most likely … Continue reading
Posted in Financial Implications, Food issues, Planning for the Future
Tagged debt default, economic growth, electricity demand, Food prices, forecast for 2013, government spending, high oil prices, oil exporter, oil importer, oil prices, oil shale, Peter Turchin, recession, renewable energy, Secular Cycles, Social Security, tight oil
158 Comments

