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Tag Archives: low wages
The Economy Is Like a Circus
The economy is like a circus. It comes to town, and eventually it leaves town. We get paid in tickets to this circus. As long as the circus stays in town, we can use our tickets. Once the circus leaves … Continue reading
Posted in Financial Implications
Tagged healthcare costs, interest payments, low wages
1,952 Comments
The Energy Problem behind Trump’s Election
The energy problem behind Trump’s election is not the one people have been looking for. Instead, it is an energy problem that leads to low wages for many workers in the US, and high unemployment rates in the European Union. … Continue reading
Posted in Financial Implications
Tagged complexity, Donald Trump, election, energy shortage, low oil prices, low wages
1,893 Comments
US 2015 Oil Production and Future Oil Prices
Oil production can be confusing because there are various “pieces” that may or may not be included. In this analysis, I look at oil production of the United States broadly (including crude oil, natural gas plant liquids, and biofuels), because this … Continue reading
Posted in Financial Implications
Tagged low wages, oil price, oil production, tight oil, wage inequality, world debt
1,015 Comments
2016: Oil Limits and the End of the Debt Supercycle
What is ahead for 2016? Most people don’t realize how tightly the following are linked: Growth in debt Growth in the economy Growth in cheap-to-extract energy supplies Inflation in the cost of producing commodities Growth in asset prices, such as … Continue reading
Posted in Financial Implications
Tagged debt defaults, debt growth, debt supercycle, financial collapse, low wages, oil price, oil storage
1,449 Comments
How Economic Growth Fails
We all know generally how today’s economy works: Our economy is a networked system. I have illustrated it as being similar to a child’s building toy. Ever-larger structures can be built by adding more businesses and consumers, and by using … Continue reading
Posted in Financial Implications
Tagged commodity prices, economic growth, energy consumption, low oil price, low wages, recession
1,045 Comments
