Tag Archives: Debt

Understanding our Economic Trajectory – 1952 to Today

This is a guest post by “Shunyata.” Shunyata has training in financial engineering, actuarial science, statistics, and mechanical engineering. While he does not work directly with structural economic theory, his background in financial engineering gives him insights. The observations below … Continue reading

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The United States’ 65-Year Debt Bubble

When I write about high oil prices having an adverse impact on the economy, quite a few readers respond by saying, “No, most (or all) of the problem is a debt bubble.” They seem to think that poor underwriting of … Continue reading

Posted in Financial Implications | Tagged , , | 90 Comments

How Limited Oil Supply can lead to a Continuing Financial Crisis

I recently wrote an article called Oil Supply Limits and the Continuing Financial Crisis, which has been accepted by the journal Energy. It is still in pre-publication status, but the corrected proof is available for purchase. Because of copyright limitations, … Continue reading

Posted in Financial Implications | Tagged , , , | 52 Comments

The Link Between Peak Oil and Peak Debt – Part 1

The economy is closely linked with the physical resources that underly it. Most economists assume debt can rise endlessly, just as they assume GDP can rise endlessly. But if there really is a limit that prevents oil supply from rising … Continue reading

Posted in Financial Implications | Tagged , , | 68 Comments

How can a government fix its debt problem?

We have all read about the standard “fixes” for a governmental debt problem–(1) inflate your way out of the problem, (2) cut programs and/or raise taxes, and (3) restructure debt, perhaps delaying repayment and giving bondholders a “haircut” on promised … Continue reading

Posted in Financial Implications | Tagged , | 71 Comments