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: September 2015
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
How our energy problem leads to a debt collapse problem
Usually, we don’t stop to think about how the whole economy works together. A major reason is that we have been lacking data to see long-term relationships. In this post, I show some longer-term time series relating to energy growth, … Continue reading
Posted in Financial Implications
Tagged commodity prices, Debt, debt bubble, demand growth, economic growth, GDP growth, oil prices
1,447 Comments
