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- Understanding Deglobalization: The Role of Diesel and Jet Fuel
- 2026: Expect a very uneven world economic downturn
- Too many promises; too few future physical goods
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Tag Archives: debt defaults
The Advanced Economies are headed for a downfall
Figure 1 shows that, for the Advanced Economies, GDP has been trending downward since the early 1960s; this is concerning. It makes it look as if within only a few years, the Advanced Economies might be in permanent shrinkage. In 2022, the expected annual GDP growth rate for the group of Advanced Economies seems to be only 1%. Continue reading
Posted in Financial Implications
Tagged debt defaults, Maximum Power Principle, oil limits, World War III
1,532 Comments
2016: Oil Limits and the End of the Debt Supercycle
What is ahead for 2016? Most people don’t realize how tightly the following are linked: Growth in debt Growth in the economy Growth in cheap-to-extract energy supplies Inflation in the cost of producing commodities Growth in asset prices, such as … Continue reading
Posted in Financial Implications
Tagged debt defaults, debt growth, debt supercycle, financial collapse, low wages, oil price, oil storage
1,449 Comments
Economic growth: How it works; how it fails; why wealth disparity occurs
Economists have put together models of how an economy works, but these models were developed years ago, when the world economy was far from limits. These models may have been reasonably adequate when they were developed, but there is increasing … Continue reading
