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.
Tag Archives: debt bubble
Oops! Low oil prices are related to a debt bubble
Why is the price of oil so low now? In fact, why are all commodity prices so low? I see the problem as being an affordability issue that has been hidden by a growing debt bubble. As this debt bubble has … Continue reading
How our energy problem leads to a debt collapse problem
Usually, we don’t stop to think about how the whole economy works together. A major reason is that we have been lacking data to see long-term relationships. In this post, I show some longer-term time series relating to energy growth, … Continue reading
Posted in Financial Implications
Tagged commodity prices, Debt, debt bubble, demand growth, economic growth, GDP growth, oil prices
1,447 Comments
The Problem of Debt as We Reach Oil Limits
(This is Part 3 of my series – A New Theory of Energy and the Economy. These are links to Part 1 and Part 2.) Many readers have asked me to explain debt. They also wonder, “Why can’t we just … Continue reading
Posted in Financial Implications
Tagged Debt, debt bubble, debt defaults, economic contraction, low oil prices, recession
506 Comments
Low Oil Prices: Sign of a Debt Bubble Collapse, Leading to the End of Oil Supply?
Oil and other commodity prices have recently been dropping. Is this good news, or bad? I would argue that falling commodity prices are bad news. It likely means that the debt bubble which has been holding up the world economy … Continue reading
Posted in Financial Implications
Tagged debt bubble, economic growth, low commodity prices, low oil prices, wage growth
1,074 Comments
The United States’ 65-Year Debt Bubble
When I write about high oil prices having an adverse impact on the economy, quite a few readers respond by saying, “No, most (or all) of the problem is a debt bubble.” They seem to think that poor underwriting of … Continue reading
