Item of General Interest
I have uploaded a new presentation that I gave June 16, 2018, at the BioPhysical Economics Conference. It is called Insights Regarding the Operation of the Energy Economy.
Tag Archives: debt bubble
How energy shortages really affect the economy
Many people expect energy shortages to lead to high prices. This is based on their view of what “running out” of oil might do to the economy. In this post, I look at historical data surrounding inadequate energy supply. I … Continue reading
Posted in Financial Implications
Tagged debt bubble, high oil prices, oil prices, wage disparity, World War I
1,988 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
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
