Tag Archives: debt bubble

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

Posted in Financial Implications, Introductory Post | Tagged , , , , | 407 Comments

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

Posted in Financial Implications, Introductory Post | Tagged , , , , , | 1,595 Comments

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 , , , , , , | 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 , , , , , | 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 , , , , | 1,074 Comments