Tag Archives: Debt

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

Reasons for our Energy Predicament – An Overview

Quiz: What will cause world oil supply to fall? Too little oil in the ground Oil prices are too low for oil producers Oil prices are too high for oil consumers leading to recession, debt defaults, and ultimately a cut … Continue reading

Posted in Financial Implications, Introductory Post | Tagged , , , , , , | 434 Comments

Energy and the Economy–Basic Principles and Feedback Loops

Does a fish know that its nose is wet? Probably not. It swims in water, and assumes that is the only way any animal lives. We live in an economic world. Economic models that were developed years ago were created … Continue reading

Posted in Financial Implications, Introductory Post | Tagged , , , , , | 315 Comments

Energy limits: Is there anything we can do?

The energy limit we are running into is a cost limit. I would argue that neither the Republican or Democrat approach to solving the problem will really work. The Republicans favor “Drill Baby Drill”. If the issue is that the … Continue reading

Posted in Planning for the Future | Tagged , , , | 444 Comments

Reaching Debt Limits

If an economy is growing, it is easy to add debt. The additional growth in future years provides money both to pay back the debt and to cover the additional interest. Promotions are common and layoffs are few, so a … Continue reading

Posted in Financial Implications | Tagged , , , , , , , , | 69 Comments