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Recent Posts
- Losing the Iran War May Be the Best Outcome for the World
- A New Explanation for Tariffs and Bombings
- Understanding Deglobalization: The Role of Diesel and Jet Fuel
- 2026: Expect a very uneven world economic downturn
- Too many promises; too few future physical goods
- A lack of very cheap oil is leading to debt problems
- What has gone wrong with the economy? Can it be fixed?
- Sierra Club talk that may be of interest
- Why oil prices don’t rise to consistently high levels
- Worrying indications in recently updated world energy data
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Category Archives: Financial Implications
Will China Bring an Energy-Debt Crisis?
It is easy for those of us in the West to overlook how important China has become to the world economy, and also the limits it is reaching. The two big areas in which China seems to be reaching limits … Continue reading
Posted in Financial Implications
Tagged China coal, China economy, CO2 emissions, peak coal, peak oil
1,825 Comments
The Approaching US Energy-Economic Crisis
I was recently asked to give a talk called, “The Approaching US Energy-Economic Crisis.” In other words, how might the United States encounter problems that lead to a crisis? As we will see, many of the problems that could lead to … Continue reading
Why political correctness fails – Why what we know ‘for sure’ is wrong (Ex Religion)
Most of us are familiar with the Politically Correct (PC) World View. William Deresiewicz describes the view, which he calls the “religion of success,” as follows: There is a right way to think and a right way to talk, and also a … Continue reading
Posted in Financial Implications
Tagged climate change, EROEI, EROI, oil limits, oil price, pensions
1,605 Comments
Why political correctness fails – Why what we know ‘for sure’ is wrong
Most of us are familiar with the Politically Correct (PC) World View. William Deresiewicz describes the view, which he calls the “religion of success,” as follows: There is a right way to think and a right way to talk, and also a … Continue reading
Posted in Financial Implications
Tagged climate change, EROEI, EROI, oil limits, oil price, religion
939 Comments
Why Oil Prices Can’t Bounce Very High; Expect Deflation Instead
Economists have given us a model of how prices and quantities of goods are supposed to interact. Unfortunately, this model is woefully inadequate. It sort of works, until it doesn’t. If there is too little of a product, higher prices … Continue reading
Posted in Financial Implications
Tagged collapse, exports, imports, low oil prices, peak oil, supply and demand
2,280 Comments
