Item of General Interest
See my page PDFs of Posts for a list of printable posts (without comments) since 2014. At the bottom of the Page, a list of PDFs of Presentations is also shown.
Tag Archives: recession
2019: World Economy Is Reaching Growth Limits; Expect Low Oil Prices, Financial Turbulence
Financial markets have been behaving in a very turbulent manner in the last couple of months. The issue, as I see it, is that the world economy is gradually changing from a growth mode to a mode of shrinkage. This … Continue reading
Posted in Financial Implications
Tagged limits to growth, low oil prices, oil prices, recession
2,080 Comments
An Updated Version of the “Peak Oil” Story
The Peak Oil story got some things right. Back in 1998, Colin Campbell and Jean Laherrère wrote an article published in Scientific American called, “The End of Cheap Oil.” In it they said: Our analysis of the discovery and production of oil … Continue reading
Posted in Financial Implications
Tagged Conventional oil, oil glut, peak oil, recession, resource limits, unconventional oil
1,968 Comments
Why oil under $30 per barrel is a major problem
A person often reads that low oil prices–for example, $30 per barrel oil prices–will stimulate the economy, and the economy will soon bounce back. What is wrong with this story? A lot of things, as I see it: 1. Oil … Continue reading
Posted in Financial Implications
Tagged low oil prices, oil demand, oil production, oil supply, recession
2,298 Comments
Low Oil Prices: Why Worry?
Most people believe that low oil prices are good for the United States, since the discretionary income of consumers will rise. There is the added benefit that Peak Oil must be far off in the distance, since “Peak Oilers” talked … Continue reading
Posted in Financial Implications
Tagged debt defaults, demographics, limits to growth, low oil prices, oil demand, peak oil, recession
1,093 Comments
Deflationary Collapse Ahead?
Both the stock market and oil prices have been plunging. Is this “just another cycle,” or is it something much worse? I think it is something much worse. Back in January, I wrote a post called Oil and the Economy: Where … Continue reading
Posted in Financial Implications
Tagged China debt, collapse, deflation, financial collapse, low oil prices, recession
1,514 Comments
