Category Archives: Financial Implications

The Growing Part of the World in Charts

Some parts of the world pretty much sailed through the 2008-2009 recession, while other parts of the world had huge problems. The part that sailed through the recession is what I call the “Growing Part of the World.” I thought … Continue reading →

Posted in Financial Implications, Oil and Its Future | Tagged , , , , , , , , , | 71 Comments

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

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

Gail Tverberg / Running Short of Cheap Oil

This is a link to an interview done by Justin and Seth of the Extraenvironmentist.com, while I attended the Degrowth Conference in Montreal. The interview relates to how running short of cheap-to-extract oil affects the economy. The interview is 13 … Continue reading →

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New IMF Working Paper Models Impact of Oil Limits on the Economy

The International Monetary Fund (IMF) recently issued a new working paper called “The Future of Oil: Geology versus Technology” (free PDF), which should be of interest to people who are following “peak oil” issues. This is a research paper that … Continue reading →

Posted in Financial Implications, News Related Post | Tagged , , , , | 119 Comments