Category Archives: 1) Decline

Decline will be death by a thousand cuts as too many problems occur and overwhelm societies ability to fix them (i.e. Tainter’s “complexity”). Already our infrastructure (oil and gas pipelines, electric grid, roads, bridges, etc) has a Report Card of D from the American Society of Civil Engineers. All 18 components of essential infrastructure, from the electric grid to the financial system are vulnerable to cyber-attack, The end of growth means bankruptcy for cities, pensions, families, and businesses, and no credit for energy companies to borrow for new projects to obtain oil, coal, and natural gas, the real drivers of the economy (just try putting dollar bills in your gas tank)

Energy production requires a LOT of water

Posted on March 21, 2014 by

Energy and water – the real blue-chips August 20, 2011 by Nate Hagens and Kenneth Mulder Some excerpts from this article: The 2 most important natural resources are water and energy. In most cases, each is required to procure the … Continue reading →

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Money – what is it?

Posted on March 21, 2014 by

The following are good articles to read about what money really is The supply of money in an energy-scarce world  2011. Richard Douthwaite. Summary of this article: Money has no value unless it can be exchanged for goods and services … Continue reading →

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Society is fragile and vulnerable compared to 1930s, more prone to collapse

Posted on March 19, 2014 by

Oct 27, 2008. James Wesley, Rawles. The Depression of the 1930s–Why No Societal Collapse? survivalblog.com There are some substantial differences between our society in the early 21st Century, and America in the 1930s. With these differences, our society is now much … Continue reading →

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Money versus Credit or Hyperinflation versus Hyperexpansion

Posted on March 19, 2014 by

I’ve put in several articles by Nicole Foss here on these topics. Resurgence of Risk – A Primer on the Develop(ed) Credit Crunch The Inverted Pyramid – Money versus Credit (or Hyperinflation versus Hyperexpansion) Money and credit are not the … Continue reading →

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Dailyreckoning

Posted on March 19, 2014 by

Preface. Bonner & Wiggins at the dailyreckoning called the 2008 housing crash in 2002 and the 2000 dot.com crash in 1999. They’ve got a lot right, a lot wrong, and are always entertaining to read. A few random excerpts are … Continue reading →

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Inside North Korea’s environmental collapse

Posted on March 15, 2014 by

The reddish hue of this soil in North Korea comes from lack of organic matter, vital for farming. Related Posts: North Korea collapse posts How different nations have coped with oil shortages Dmitry Orlov: How Russians survived the collapse of … Continue reading →

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The congressional report on “The Financial Crisis” and what happened

Posted on March 11, 2014 by

The Financial Crisis Inquiry Report. Final Report of the national Commission on the Causes of the Financial and Economic Crisis in the United States 2011. Phil Angelides Chairman, Brooksley Born Commissioner, Senator Bob Graham Commissioner, etc. This is the best … Continue reading →

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A financial crash would stop new oil production, sending us over the net energy cliff with a 10% decline rate per year

Posted on March 5, 2014 by

Gail Tverberg’s March 4, 2014 “Reasons for our Energy Predicament – an overview” gave me this sudden insight: There is the potential for a sudden drop of 10 to 30% in oil production.  That magnitude of world-wide oil shocks would … Continue reading →

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Experts who aren’t worried about Inflation

Posted on March 3, 2014 by

Paul Krugman: The Inflation Obsession. March 2, 2014. New York Times. [modified: both paraphrased and cut] Recently the Federal Reserve released transcripts of its monetary policy meetings during the fateful year of 2008. And, boy, are they discouraging reading because … Continue reading →

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Why cash is better than gold

Posted on March 1, 2014 by

Why people buy gold To protect against inflation That’s a good reason, but the next crash will be deflationary like the 2008 crash, when stocks, homes, oil, gold, and everything else plummeted in value. Trillions of dollars vanished overnight.  The … Continue reading →

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