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Recent Posts
- Book review of “Livewired. The inside story of the ever-changing brain”
- The conveyor belt may be slowing down — Yikes!
- Battery Energy storage batteries (BESS) too complex to ever be commercial
- New war and energy alliances over next resource wars
- Book review of “Siege: Trump Under fire”
- Why do people vote for Trump?
- Book review of “Pandemic Politics: The Deadly Toll of Partisanship in the Age of COVID”
- The evolution of the Republican party from 1960 to 2024: from moderate democracy to extreme authoritarianism
- Why some people are conservative and others liberal
- Book review: Bring the War Home: The white power movement & paramilitary America
- Book review: How Democracies Die
- Book Review “Conservatives without Conscience” by John Dean
- Book review of “The Power Worshippers. Inside the dangerous rise of religious nationalism”
- Fox news estranges millions of families and instills hate and fear in its cult members
- Book review of “Deer Hunting with Jesus” Best book on why people vote for Trump
Category Archives: Crash Coming Soon
How United Nations scientists are preparing for the end of capitalism
Preface. The article below was written by Nafeez Ahmed, who wrote one of my favorite books “Failing States, Collapsing Systems: BioPhysical Triggers of Political Violence“. Ahmed writes: “Most observers have no idea of the current biophysical realities – that the driving … Continue reading
Posted in Crash Coming Soon, Organizations
Tagged biophysical economics, captialism, collapse, EROI, Nafeez Ahmed, United Nations
3 Comments
Richard Heinberg: Our bonus decade
Preface. Because of the bonus oil and gas fracking brought us starting in 2005, Heinberg says “I’ve titled this essay “Our Bonus Decade” because the past ten years were an unexpected (by us peakists, anyway) extra—like a bonus added to … Continue reading
The Butterfly Defect: How Globalization Creates Systemic Risks
Preface. I’m fascinated by system risks, so I’ve included this, though there’s no awareness at all of peak oil or limits to growth or that energy, not money, is the basis of civilization and foundation of every single widget made … Continue reading
Posted in Crash Coming Soon, Financial
Tagged banking, contingency, finance, systemic risk
1 Comment
Crash alert: China’s resource crisis could be the trigger
Preface. Way to go Nafeez Ahmed, your second home run of reality based reporting on the energy crisis this week. There are countless economists within the mainstream media predicting an economic crisis worse than in 2008, but they totally ignore … Continue reading
Posted in Crash Coming Soon, EROEI remaining oil too low, Peak Oil
Tagged china, debt, EROI, financial crisis, peak oil
Comments Off on Crash alert: China’s resource crisis could be the trigger
Homer-Dixon predicts 20 to 30% chance of Trump causing financial crisis, war, civil violence, and authoritarianism over next 5 years
[ Homer-Dixon wrote an article over a year ago for the Toronto Globe and Mail titled “Crisis analysis, how much damage can Trump do? (A lot). How’d his prediction turn out? Within this article is a link showing 4 major … Continue reading
Posted in Crash Coming Soon, Scientists, Social Disorder, War
Tagged authoritarianism, civil violence, financial crash, Trump, war
1 Comment
Nobel prize economist Robert Shiller: market risk keeps him awake worrying
[ According to this article: “Shiller’s latest analysis shouldn’t be taken lightly. His forecasting skills were recognized in 2013 when he won the Nobel Prize in Economics. He’s known for predicting both the dot-com bubble and the housing bubble in … 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
Steve St. Angelo: Prepare for asset price declines of 50 to 75%
Steve St. Angelo. July 4, 2017. Prepare for asset price declines of 50 to 75%. SRSRocco report. What we have is a totally propped-up market based upon debt. Energy isn’t producing positive growth. So instead of having real economic growth, … Continue reading