Item of General Interest
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Category Archives: Financial Implications
It is easy to overdo COVID-19 quarantines
We have learned historically that if we can isolate sick people, we can often keep a communicable disease from spreading. Unfortunately, the situation with the new coronavirus causing COVID-19 is different: We can’t reliability determine which people are spreading the … Continue reading
Posted in Financial Implications
Tagged coronavirus, coronavirus containment, economic growth, wage loss
4,403 Comments
Easily overlooked issues regarding COVID-19
We read a lot in the news about the new Wuhan coronavirus and the illness it causes (COVID-19), but some important points often get left out. [1] COVID-19 is incredibly contagious. COVID-19 transmits extremely easily from person to person. Interpersonal … Continue reading
Posted in Financial Implications
Tagged coronavirus, oil price, quarantine, recession, supply chain
2,589 Comments
It Is Easy to Overreact to the Chinese Coronavirus
Recently, a new coronavirus has been causing many illnesses and deaths. The virus first became active in Wuhan, China, but it has already spread to the rest of China. Scattered cases have been identified around the rest of the world … Continue reading
Posted in Financial Implications
Tagged economic collapse, low oil prices, quarantine, Wuhan virus
1,772 Comments
Expect low oil prices in 2020; tendency toward recession
Energy Forecast for 2020 Overall, I expect that oil and other commodity prices will remain low in 2020. These low oil prices will adversely affect oil production and several other parts of the economy. As a result, a strong tendency … Continue reading
Posted in Financial Implications
Tagged electric transmission, electric vehicles, oil production, peak oil, recycling
1,162 Comments
Scientific Models and Myths: What Is the Difference?
Most people seem to think, “The difference between models and myths is that models are scientific, and myths are the conjectures of primitive people who do not have access to scientific thinking and computers. With scientific models, we have moved … Continue reading
Posted in Financial Implications
Tagged collapse, fossil fuels, religion, renewable energy, renewables, research grants
1,598 Comments
