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Tag Archives: economic collapse
It Is Easy to Overreact to the Chinese Coronavirus
Recently, a new coronavirus has been causing many illnesses and deaths. The virus first became active in Wuhan, China, but it has already spread to the rest of China. Scattered cases have been identified around the rest of the world … Continue reading
Posted in Financial Implications
Tagged economic collapse, low oil prices, quarantine, Wuhan virus
1,772 Comments
Low Oil Prices: An Indication of Major Problems Ahead?
Many people, including most Peak Oilers, expect that oil prices will rise endlessly. They expect rising oil prices because, over time, companies find it necessary to access more difficult-to-extract oil. Accessing such oil tends to be increasingly expensive because it … Continue reading
Posted in Financial Implications
Tagged affordability, collapse, economic collapse, low oil prices, peak oil
1,595 Comments
Nine Reasons Why Globalization Can’t Be Permanent
Since the late 1990s, globalization has seemed to be the great hope for the future. Now this great hope seems to be dimming. Globalization sets up conflict in the area of jobs. Countries around the world compete for development and jobs. … Continue reading
Posted in Financial Implications
Tagged coal production, economic collapse, economic growth, oil prices, wage disparity
2,343 Comments
2017: The Year When the World Economy Starts Coming Apart
Some people would argue that 2016 was the year that the world economy started to come apart, with the passage of Brexit and the election of Donald Trump. Whether or not the “coming apart” process started in 2016, in my … Continue reading
Posted in Financial Implications
Tagged economic collapse, low oil prices, oil prices, peak coal, peak oil, world GDP
1,607 Comments
