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Recent Posts
- 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
- What should individuals do in a world filled with conflict?
- Economic contraction, coming right up
- Brace for rapid changes in the economy; the world economy is reaching Limits to Growth
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Category Archives: Planning for the Future
Too many promises; too few future physical goods
The world is filled with financial promises, including loans, pensions, and even the market value of stocks. So far, the system seems to be working, but in a finite world, it is hard to believe that the system will work indefinitely. Governments can create money simply by adding more promises, but they cannot create goods and services in a similar fashion. Continue reading
Sierra Club talk that may be of interest
One of the chapters of the Sierra Club of Minnesota has asked Joseph Tainter and me to give talks on October 25 at what is being billed as Minnesota’s First Degrowth Summit. Continue reading
Posted in Planning for the Future
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Southeast Asia can perhaps avoid the worst impacts of inadequate oil supply
Southeast Asia’s warm, wet climate is helpful, as is its supply of coal, particularly in Indonesia. Many of the people in this part of the world are used to living in cramped quarters–three generations in a large one-room home, for example. Abundant forests provide a renewable source of energy. Religious traditions help provide order. Continue reading
Reaching Limits to Growth: What Should our Response Be?
Oil limits seem to be pushing us toward a permanent downturn, including a crash in credit availability, loss of jobs, and even possible government collapse. In this process, we are likely to lose access to both fossil fuels and grid … Continue reading
