Monthly Archives: June 2012

Lower Oil Prices–Not a Good Sign!

Are lower oil prices good news? Not really, if it means the world is sinking into recession. We know from recent past experience and from common sense that higher oil prices are a drag on oil importing economies, since if … Continue reading

Posted in Financial Implications, News Related Post | Tagged , , , , , , | 30 Comments

RIO+20 Talks Need to Consider Physical Limits

RIO+20, the United Nations Conference on Sustainable Development, is to be held this week on June 20-22 in Rio de Janeiro. The term Sustainable Development seems to me to be almost a contradiction in terms. One dictionary gives the definition … Continue reading

Posted in Energy policy, News Related Post | Tagged , , , , | 42 Comments

Rentier Debt and the Collapse of Debt-Based Finance

At the Age of Limits conference near Artemis, Pennsylvania on May 25-28, I was asked to speak on rentier debt and the collapse of debt-based finance. This is a somewhat difficult subject, so I decided to talk about the subject … Continue reading

Posted in Financial Implications | 129 Comments