Tag Archives: recession

Two Views of our Current Economic and Energy Crisis

As the US heads toward debt default and continues with government shutdown, the underlying reason for the predicament is generally not clear to the American people or the world. The story that the press has generally been feeding us places … Continue reading

Posted in Financial Implications | Tagged , , , , , , | 388 Comments

Our Oil Problems are Not Over!

If a person reads US newspapers, it is easy to get the impression that all of the world’s oil problems are over. But this is not really the case. An Overlooked Part of the Problem: High Oil Prices A major … Continue reading

Posted in Book draft, Financial Implications | Tagged , , , , , | 247 Comments

Discontinuity Ahead – Oil Limits will Adversely Affect the Economy

What will the world economy be like ten years from now? Or fifty years from now? Is it something that we can forecast by looking at the past, assuming that past tends will continue? Most economists today seem to think … Continue reading

Posted in Financial Implications | Tagged , , , | 119 Comments

Oil Prices Lead to Hard Financial Limits

We live in a finite world.  Clearly, a finite world has limits of many kinds. Yet economists and other researchers use models that assume that these limits are unimportant for the foreseeable future. They have certainly not stopped to think that … Continue reading

Posted in Financial Implications | Tagged , , , , | 321 Comments

Oil Limits Reduce GDP Growth; Unwinding QE a Problem

We know the world economic pattern we have been used to in years past–world population grows, resource usage grows (including energy resources), and debt increases. The economy grows fast enough that paying an interest rate a little higher than the … Continue reading

Posted in Financial Implications | Tagged , , , , | 267 Comments