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Tag Archives: debt bubble
The world’s economic myths are hitting limits
There are many myths about energy and the economy. In this post I explore the situation surrounding some of these myths. My analysis strongly suggests that the transition to a new Green Economy is not progressing as well as hoped. Green energy planners have missed the point that our physics-based economy favors low-cost producers. Continue reading
Posted in Financial Implications
Tagged debt bubble, electricity generation, solar electricity, wind energy
138 Comments
Why we get bad diagnoses for the world’s energy-economy problems
The world economy seems to be seriously ill. The problem is not overly high oil prices, but that does not rule out energy as being a major underlying problem. Two of the symptoms of the economy’s malaise are slow wage … Continue reading
Posted in Financial Implications
Tagged debt bubble, economic models, limits to growth, oil price, peak oil
2,136 Comments
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
1,989 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
