Category Archives: Economic Instability

Capitalism is a credit/debit system of borrowing money and pay it all back, plus interest. As energy declines, people will realize that loans can’t be paid back, that the principal is at risk. Stock markets worldwide will crash once Peak Oil (everything) is acknowledged, and social chaos won’t be long after that. On a separate but related track, the corruption and greed of the financial system is on course for crashing it all irregardless of energy.

What if cash were made illegal so your money could be used to bail out too-big-to-fail banks after the next crash?

  Ellen Brown. November 23, 2015. Hang Onto Your Wallets: Negative Interest, the War on Cash and the $10 Trillion Bail-In.  The Web of Debt Blog (Excerpts) By quietly eliminating the possibility of cash withdrawals, banks can make sure the … Continue reading

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Kurt Cobb Cheap oil, complexity and counter-intuitive conclusions

Kurt Cobb. March 22, 2015.   Cheap oil, complexity and counterintuitive conclusions. Resource Insights. It is a staple of oil industry apologists to say that the recent swift decline in the price of oil is indicative of long-term abundance. This … 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

Posted in Debt, Energy Markets, Peak Oil | 1 Comment

Gail Tverberg on Inflation, Deflation, or Discontinuity?

Gail Tverberg. July 1, 2013. Inflation, Deflation, or Discontinuity? ourfiniteworld.com A question that seems to come up quite often is, “Are we going to have inflation or deflation?” People want to figure out how to invest. Because of this, they … Continue reading

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Cash is King in a deflation — but there are dangers

Risk 1: Capital controls Restrictions on bank withdrawals (no ATM withdrawals, no bill payments, etc) Restrictions on money market fund redemptions Greater restrictions on retirement fund liquidations Fixing an official exchange rate and criminalizing market rate transactions Banning the conversion … Continue reading

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Why Treasury Bills are likely to be safe for at least a few years

my comment: SHORT-TERM 4-week or 13-week treasury BILLS that is Apr 19, 2012   Ilargi at the automaticearth.com Mauldin: unproductive government debt is killing us. So we either make some big, tough collective decisions, and make them soon; or we come … Continue reading

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Inflation: defining and identifying it

Ilargy 2011 automatic earth The fact that there’s all that zombie money around (or zombie credit, to be precise) leads many to believe the US witnesses inflation. Not true. Inflation is not the same as rising prices. Prices can rise … 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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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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