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Recent Posts
- Losing the Iran War May Be the Best Outcome for the World
- A New Explanation for Tariffs and Bombings
- Understanding Deglobalization: The Role of Diesel and Jet Fuel
- 2026: Expect a very uneven world economic downturn
- Too many promises; too few future physical goods
- A lack of very cheap oil is leading to debt problems
- What has gone wrong with the economy? Can it be fixed?
- Sierra Club talk that may be of interest
- Why oil prices don’t rise to consistently high levels
- Worrying indications in recently updated world energy data
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Tag Archives: wage growth
Why We Have an Oversupply of Almost Everything (Oil, labor, capital, etc.)
The Wall Street Journal recently ran an article called, Glut of Capital and Labor Challenge Policy Makers: Global oversupply extends beyond commodities, elevating deflation risk. To me, this is a very serious issue, quite likely signaling that we are reaching … Continue reading
Posted in Financial Implications
Tagged energy consumption, GDP growth, limits to growth, peak oil, recession, wage growth
1,002 Comments
Low Oil Prices: Sign of a Debt Bubble Collapse, Leading to the End of Oil Supply?
Oil and other commodity prices have recently been dropping. Is this good news, or bad? I would argue that falling commodity prices are bad news. It likely means that the debt bubble which has been holding up the world economy … Continue reading
Posted in Financial Implications
Tagged debt bubble, economic growth, low commodity prices, low oil prices, wage growth
1,074 Comments
