Category Archives: Crash Coming Soon

Since 2008: No reform, corruption continues, banks are even MORE insolvent, trillions in bail-out money kicked the can down the road, making the next crash worse, and too much debt to do another bail-out

Toxic Loans Around the World Weigh on Global Growth

Posted on March 11, 2020 by

Preface.  Obviously endless growth on a finite planet is impossible.  Clearly the main “benefit” of debt is being able to rape and pillage the planet immediately.  The accumulating debt can never be paid off, because energy is required to grow … Continue reading →

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Many signs of peak oil and decline

Posted on February 16, 2020 by

Preface.  Recently the IEA 2018 World Energy Outlook predicted an oil crunch could happen as soon as 2023.  Oil supermajors are expected to have 10 years of reserve life or more, Shell is down to just 8 years. Political shortages … Continue reading →

Posted in Debt, How Much Left, Peak Oil | Tagged , | 7 Comments

How United Nations scientists are preparing for the end of capitalism

Posted on March 7, 2019 by

Preface. The article below was written by Nafeez Ahmed, who wrote one of my favorite books  “Failing States, Collapsing Systems: BioPhysical Triggers of Political Violence“. Ahmed writes: “Most observers have no idea of the current biophysical realities – that the driving … Continue reading →

Posted in Crash Coming Soon, Organizations | Tagged , , , , , | 3 Comments

Richard Heinberg: Our bonus decade

Posted on March 1, 2019 by

Preface.  Because of the bonus oil and gas fracking brought us starting in 2005, Heinberg says “I’ve titled this essay “Our Bonus Decade” because the past ten years were an unexpected (by us peakists, anyway) extra—like a bonus added to … Continue reading →

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238 academics call on the EU to plan for a post-growth future

Posted on January 24, 2019 by

Preface. We know there’s going to be no growth soon due to peak oil and limits to growth, and ought to be planning for it so that the financial system doesn’t “freak out” and crash like Humpty Dumpty, beyond repair.  … Continue reading →

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The Butterfly Defect: How Globalization Creates Systemic Risks

Posted on January 21, 2019 by

Preface. I’m fascinated by system risks, so I’ve included this, though there’s no awareness at all of peak oil or limits to growth or that energy, not money, is the basis of civilization and foundation of every single widget made … Continue reading →

Posted in Crash Coming Soon, Financial | Tagged , , , | 1 Comment

Crash alert: China’s resource crisis could be the trigger

Posted on November 25, 2018 by

Preface.  Way to go Nafeez Ahmed, your second home run of reality based reporting on the energy crisis this week.  There are countless economists within the mainstream media predicting an economic crisis worse than in 2008, but they totally ignore … Continue reading →

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The coming crash in 2020 from high diesel prices for cleaner emission of oceangoing ships

Posted on November 21, 2018 by

Preface.  Ships made globalization possible, and play an essential role in our high standard of living, carrying 90% of global goods traded. But the need for a new, cleaner fuel may cause the next economic crisis.  What follows are excerpts … Continue reading →

Posted in By People, Crash Coming Soon, Peak Oil, Ships and Barges | Tagged , , , | 3 Comments

Homer-Dixon predicts 20 to 30% chance of Trump causing financial crisis, war, civil violence, and authoritarianism over next 5 years

Posted on June 19, 2018 by

[ Homer-Dixon wrote an article over a year ago for the Toronto Globe and Mail titled “Crisis analysis, how much damage can Trump do? (A lot). How’d his prediction turn out? Within this article is a link showing 4 major … Continue reading →

Posted in Crash Coming Soon, Scientists, Social Disorder, War | Tagged , , , , | 1 Comment

Nobel prize economist Robert Shiller: market risk keeps him awake worrying

Posted on May 28, 2018 by

[ According to this article: “Shiller’s latest analysis shouldn’t be taken lightly. His forecasting skills were recognized in 2013 when he won the Nobel Prize in Economics. He’s known for predicting both the dot-com bubble and the housing bubble in … Continue reading →

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