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Tag Archives: economic growth
It is easy to overdo COVID-19 quarantines
We have learned historically that if we can isolate sick people, we can often keep a communicable disease from spreading. Unfortunately, the situation with the new coronavirus causing COVID-19 is different: We can’t reliability determine which people are spreading the … Continue reading
Posted in Financial Implications
Tagged coronavirus, coronavirus containment, economic growth, wage loss
4,403 Comments
Recession Ahead: An Overview of Our Predicament
Many people have the impression that recessions come from financial missteps, such as the US subprime loan fiasco. If energy is involved at all, the problem comes from high oil prices as supply becomes inadequate to meet demand. The real … Continue reading
Posted in Financial Implications
Tagged collapse, economic growth, fossil fuels, how economy works, protests, riots
638 Comments
Our Energy and Debt Predicament in 2019
Many people are concerned that we have an oil problem. Or they are concerned about recession and the need to lower interest rates. As I see the situation, we have a problem of a networked economy that is not functioning … Continue reading
Posted in Financial Implications
Tagged economic growth, interest rates, oil prices, OPEC oil, recession
1,325 Comments
The climate change story is half true
The climate change story is true in some respects: The climate is indeed changing. And CO2 emissions do seem to affect climate. Burning fossil fuels does indeed make a difference in CO2 levels. The problem I have with the climate … Continue reading
Posted in Financial Implications
Tagged carbon dioxide emissions, economic growth, EROEI, solar panels, wind turbines
1,529 Comments
The World’s Fragile Economic Condition – Part 1
Where is the world economy heading? In my opinion, a large portion of the story that we usually hear about how the world economy operates and the role energy plays is not really correct. In this post (to be continued … Continue reading
