Item of General Interest
Oct. 23 . A new interview by Chris Martenson is now up. He calls it Why There's No Economically Sustainable Price for Oil Anymore.
Author Archives: Gail Tverberg
Our economy is a mystery to almost everyone, including economists. Let me explain the way I see the situation: (1) The big thing that pulls the economy forward is the time-shifting nature of debt and debt-like instruments. If we want … Continue reading
The energy problem behind Trump’s election is not the one people have been looking for. Instead, it is an energy problem that leads to low wages for many workers in the US, and high unemployment rates in the European Union. … Continue reading
I have been telling a fairly different energy story from most energy researchers. How could I possibly be correct? What have other researchers been missing? The “standard” approach is to start from the amount of resources that we have of … Continue reading
We have been hearing a great deal about IMF concerns recently, after the release of its October 2016 World Economic Outlook and its Annual Meeting October 7-9. The concerns mentioned include the following: Too much growth in debt, with China particularly … Continue reading
What really causes falling productivity growth? The answer seems to be very much energy-related. Human labor by itself does not cause productivity growth. It is human labor, leveraged by various tools, that leads to productivity growth. These tools are made … Continue reading