Author Archives: energyskeptic

Predictions on how a crash will unfold

You can read Martin Weiss’ prediction here. Keep in mind that although these predictions were made years ago, and it seems as if some of them were wrong, all that’s happened is that the trillions of dollars given to banks … Continue reading

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Martin Weiss on how a crash unfolds and how to protect yourself

A massive default on debt servicing and obligations by states and localities will trigger a run on the banks. The credit inflation that has been growing over the last two decades will reverse in a nano-second and leave people who … Continue reading

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Electric Grid Energy Storage

Storing electricity Electricity can’t be stored. It has to be converted to something else.   Nearly all of the electric grid storage (95%) comes from pumping water up to a reservoir so the water can fall again and generate electricity. But … Continue reading

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Technology Won’t Save Us

Too many science fiction books, movies, comic books, Landing on the Moon, the Manhattan Project, and Happy Endings have  created an unspoken certainty that a hero will arrive before aliens can destroy the Earth and that alternative energy will allow … Continue reading

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Drowning in digits: National, Unfunded Liabilities, State, and Derivative Debt

Just about everyone I know believes in the permanence of the Dollar, the Eternal Supremacy of the United States, and the propaganda to constantly grow their money by taking risks. So they dutifully feed hard-earned wages into the voracious slot … Continue reading

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Tom Whipple on how the energy crisis might unfold

The Peak Oil Crisis: An Announcement June 1, 2011. FNPC.com There are far too many people in nearly every country of the world that are dependent on a very complex supply chain to bring them the necessities of modern life … Continue reading

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Oil Crunch 2015: UK Industry Task force on Peak Oil & Energy Security (ITPOES)

Ahmed, N.  28 Mar 2014. Ex govt adviser: “global market shock” from “oil crash” could hit in 2015. The Guardian. Former oil geologist Dr. Jeremy Leggett, identified 5 “global systemic risks (oil depletion, carbon emissions, carbon assets, shale gas, and … Continue reading

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Peak Oil in the news

Economic vulnerability to Peak Oil Christian Kerschner Global Environmental Change   Volume 23, Issue 6, December 2013, Pages 1424–1433 Key points from a review of this article at Green Energy This study shows which sectors could put the entire U.S. economy … Continue reading

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Investing – random advice that may be great or awful

Be sure to read Nicole Foss and Gail Tverberg to understand the deflationary situation we’re in since investing for deflation is different from inflation. You Gotta Eat Fertilizer stocks.  MOS, etc.  They’re the most volatile Viterra (VT:tsx) and Alliance Grain … Continue reading

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How Money is Created: 3 articles

Also see: Money as Debt (45 minute video) Can Banks Create Money out of Nothing? – Richard Werner Money Creation in the Modern Economy –Bank of England David Graeber. March 18, 2014. The Truth Is Out: Money Is Just An IOU, … Continue reading

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