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Tag Archives: interest rates
Is the debt bubble supporting the world economy in danger of collapsing?
With an ever-lower cost of debt, the economy has had a hidden tailwind pushing it long between 1981 to 2020. Now that interest rates are again rising, the danger is that a substantial portion of this debt bubble may collapse. My concern is that the economy may be headed for an incredibly hard landing because of the inter-relationship between interest rates and energy prices (Figure 2), and the important role energy plays in powering the economy. Continue reading
Posted in Energy policy, Financial Implications
Tagged economic collapse, interest rates, low oil prices
4,216 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 true feasibility of moving away from fossil fuels
One of the great misconceptions of our time is the belief that we can move away from fossil fuels if we make suitable choices on fuels. In one view, we can make the transition to a low-energy economy powered by … Continue reading
The World’s Fragile Economic Condition – Part 2
The world economy can appear to be operating quite well but can be hiding a major problem that causes it to be fragile. My presentation The World’s Fragile Economic Condition (PDF) explains why we should expect financial problems if energy consumption … Continue reading
Posted in Financial Implications
Tagged diminishing returns, energy limits, interest rates, oil prices
2,110 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
