Categories
-
Recent Posts
- Oil choke points vulnerable to war, chaos, terrorism, accidents, & piracy
- Nuclear weapons must be reduced or we risk nuclear winter
- Fusion is already running out of fuel
- Peak Oil is Officially Here! World oil production peaked November of 2018
- Wood, the fuel of preindustrial societies, is half of EU renewable energy
- Rare Earth updates: recent research on why complex & intelligent life are rare in the Universe
- Book review of “Chip War” and the Fragility of microchips
- The tremendous material and energy toll of the digital economy
- Nuclear attack on U.S. could kill 90% of Americans
- What percent of Americans are rational?
- Book review of Lights Out. A Cyberattack. A Nation Unprepared. Surviving the Aftermath
- Off-Road vehicles & equipment need diesel fuel
- Book review of “Prime Movers of Globalization: the History & Impact of Diesel Engines & Gas Turbines”
- Mental Health. Coping with the future: notes from Jackson & Jensen’s “An Inconvenient Apocalypse”
- Tesla Semi trucks hauling corn chips
Tag Archives: banks
When will the corrupt financial system cause another financial collapse?
[ Conventional oil production peaked in 2005-6, so if a financial crash occurs, the net energy cliff will be much steeper on the other side, since new projects won’t get financed, and unconventional oil is very expensive to produce and … Continue reading
Posted in Banking
Tagged banks, corruption
Comments Off on When will the corrupt financial system cause another financial collapse?
The Banking system is a House of Cards
Lynn Parramore. April 21, 2015. Our Banking System is a Giant House of Cards. Money & Banking. It Could Fall On You. Anat Admati teaches finance and economics at the Stanford Graduate School of Business and is co-author of The … Continue reading
Posted in Banking
Tagged banks, corruption, risk
Comments Off on The Banking system is a House of Cards