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

James Howard Kunstler posts

[ As I re-read Kunstler posts I will add more excerpts and/or links.  I encourage you to read these brilliant posts in their entirety at http://kunstler.com/clusterfuck-nation/ for their wonderful humor, language, and the full logical chain of discourse, which excerpts … Continue reading

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Tilting at Windmills, Spain’s disastrous attempt to replace fossil fuels with Solar PV, Part 1

Book review by Alice Friedemann at energyskeptic of “Spain’s Photovoltaic Revolution. The Energy Return on Investment”, by Pedro Prieto and Charles A.S. Hall. 2013. Springer. Conclusion: the EROI of solar photovoltaic is only 2.45, very low despite Spain’s ideal sunny … Continue reading

Posted in Alternative Energy, Alternative Energy Resources, Charles A. S. Hall, Debt, Electric Grid, Energy, EROEI Energy Returned on Energy Invested, Pedro Prieto, Photovoltaic Solar, Solar, Solar EROI | Tagged , , , , , , , , | 26 Comments

Would Tesla, SolarCity or SpaceX exist without $4.9 billion in government subsidies?

[ Tesla has made no new battery breakthroughs. Batteries aren’t much better today than they were 200 years ago.  All Tesla did was build a better battery management system (BMS) by stringing tiny batteries together — thousands of them.  But … Continue reading

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Gail Tverberg The oil glut and low prices reflect an affordability problem

Tverberg, G. March 9, 2015. The oil glut and low prices reflect an affordability problem. ourfiniteworld.com For a long time, there has been a belief that the decline in oil supply will come by way of high oil prices. Demand … Continue reading

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Signs of Peakiness, oil companies are running out of cash

Andrew Nikiforuk, August 29, 2014. A big summer story you missed: Soaring oil debt. The Tyee.  Over 100 of the world’s largest energy companies are running out of cash. Photo of Keystone pipeline in Nebraska by Shannon Ramos. Creative Commons … Continue reading

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Gail Tverberg: How this collapse differs from past collapses

Converging Energy Crises – And How our Current Situation Differs from the Past  May 29, 2014 by Gail Tverberg At the Age of Limits Conference, I gave a talk called Converging Crises (PDF), talking about the crises facing us as we reach energy … Continue reading

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Energy price increases and the 2008 financial crash: a practice run for what’s to come?

Hall, C.A.S., Groat, A. 2010. Losing Faith in Economics. Energy price increases and the 2008 financial crash: a practice run for what’s to come? The Corporate Examiner. 37: No. 4-5: 19-26. The summer of 2008 saw the third year in … Continue reading

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Global Bond Frenzy Raises Concerns

Global Bond Frenzy Raises Concerns By LANDON THOMAS Jr. FEB. 19, 2014 New York Times. Prospecting for oil in Brazil, manufacturing steel in Russia, erecting skyscrapers in China: Global bond investors have financed some of the grandest investment projects taken … Continue reading

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Student loan crisis widens gap between rich and the rest

Student loan crisis widens gap between rich and the rest. Bill Zimmerman.   February 21, 2014.  San Francisco Chronicle. Growing concern about wealth and income inequality overlooks a principal cause: the student loan crisis, which is much deeper than the $1.1 … Continue reading

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Financial system brought down by next oil shock

Erik Townsend. 6 January 2013. Why Peak Oil Threatens the International Monetary System. ASPO-USA The U.S. Treasury bond market will most likely crash, and borrowing costs will skyrocket. Those increased borrowing costs will further exacerbate the fiscal deficit. Can you … Continue reading

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