Item of General Interest
Oct. 23 . A new interview by Chris Martenson is now up. He calls it Why There's No Economically Sustainable Price for Oil Anymore.
Monthly Archives: August 2013
Oil Prices Lead to Hard Financial Limits
We live in a finite world. Clearly, a finite world has limits of many kinds. Yet economists and other researchers use models that assume that these limits are unimportant for the foreseeable future. They have certainly not stopped to think that … Continue reading
Posted in Financial Implications
Tagged interest rates, oil importer, oil prices, price bubble, recession
321 Comments
Stumbling Blocks to Figuring Out the Real Oil Limits Story
The story of oil limits is one that crosses many disciplines. It is not an easy one to understand. Most of those who are writing about peak oil come from hard sciences such as geology, chemistry, and engineering. The following … Continue reading
Oil Limits Reduce GDP Growth; Unwinding QE a Problem
We know the world economic pattern we have been used to in years past–world population grows, resource usage grows (including energy resources), and debt increases. The economy grows fast enough that paying an interest rate a little higher than the … Continue reading
Posted in Financial Implications
Tagged GDP growth, oil consumption, oil prices, quantitative easing, recession
267 Comments
