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Recent Posts
- The insect apocalypse will kill billions more people than climate change
- The war on drugs. A book review of “Chasing the scream”
- Peak crude oil did not happen in 2018. But we are still running out of time
- Sheriffs have too much power
- Book review “They poisoned the world: Life & death in the age of Forever Chemicals”
- John Howe on one child per woman: still too high to stay under limits to growth curves
- Ted Trainer: The radical implications of a zero growth economy
- Part 5 Raven Rock. Hidey holes for government and military officials to carry on democracy after nuclear war destroys the planet
- Become a Bison rancher
- Part 4 Raven Rock. The government abandons plans to aid the public, only the government to survive
- Prisoners are treated worse than slaves in America
- Part 3 Raven Rock. The government’s plans for after a nuclear holocaust
- Part 2 Raven Rock. The U.S. government’s plans to save civilians from nuclear war
- Legal & Illegal Immigration numbers must drop to carrying capacity
- Part 1 Intro. Raven rock: the story of the U.S. governments secret plans to save itself after a nuclear war and let the rest of us die
Category Archives: Debt
Peak crude oil did not happen in 2018. But we are still running out of time
Preface. Using EIA International Data for world crude oil + condensate oil monthly production to compare January through October in 2024 and 2025, it looks like about 850 million more barrels will be produced in 2025 than in 2024. And … Continue reading
Ted Trainer: The radical implications of a zero growth economy
Projections of business as usual from Meadow’s et al “Limits to Growth” Preface. Clearly infinite growth on a finite planet is impossible. Returning the world to ecological health requires humans to live within ecological boundaries in a steady state economy. … Continue reading
Posted in Debt, Economic Decline, Investing advice, Other Experts
Tagged Daly, economics, limits to growth, steady state, Trainer
2 Comments
The staggering level of corruption & kleptocracy in the world
Preface. This is a book review of Frank Vogl’s 2021 book “The Enablers: How the West Supports Kleptocrats and Corruption – Endangering Our Democracy” (well, mostly kindle notes). They couldn’t get away with it if there weren’t so many places … Continue reading
Posted in Banking, Bond Market, Corporate Welfare, Corruption, Crime, Gangs, Corrupt police, Private security, Debt, No Jail for Bankers & Wall St execs, Politics, Scams
Tagged autocrat, corruption, democracy, kleptocracy, kleptocrat
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Toxic Loans Around the World Weigh on Global Growth
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
One of the biggest risks to the world’s financial system is the $3 trillion of debt owed by oil and gas firms
[ Yet another “crash coming soon” post, if it hasn’t happened already (I scheduled this article and others to appear a year or more later, since crashes always take longer to happen than you expect. Alice Friedemann www.energyskeptic.com author of … Continue reading
Posted in Bond Market, Crash Coming Soon, Debt, Oil & Gas Fracked
Tagged crash coming soon, debt, oil and gas
1 Comment
Pensions face bankruptcy in the future
2016-4-10. US faces disastrous $3.4 trillion pension funding hole. Collective deficit of retirement plans is three times larger than official figures. Financial Times. The US public pension system has developed a $3.4 trillion funding hole that will pile pressure on … Continue reading
Posted in Debt, Ponzi Schemes
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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
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
Posted in Debt, Lithium-ion, Photovoltaic Solar, Subsidies
Tagged altnerative energy, debt, renewables, subsidies, tesla
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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
Posted in By People, Debt, Gail Tverberg, Inflation or Deflation
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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
Posted in Debt, Energy Markets, Peak Oil
1 Comment