Tag Archives: debt

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

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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

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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

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Corruption and economic instability in the news

[ I can’t keep up with the flood of news about corruption, fraud and economic instability, which is just a symptom of the real problem: the end of growth. In a credit/debit system, lenders won’t lend if they think the … Continue reading

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Economic peak shale natural gas and oil from yet another bank & Wall Street scam

[ “Shale drillers companies are struggling to pay $235 billion of high-yield, high-risk debt taken on during the past 3 years of the U.S. shale boom. Shale drillers have consistently spent money faster than they’ve made it, even when oil … Continue reading

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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

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Global oil risks in the early 21st century, Energy Policy 2011

[This is a large excerpt from an excellent 18-page paper I think predicts how the future will unfold as well as a good overview of our predicament. Alice Friedemann] Fantazzini, Dean; Höök, Mikael; Angelantoni, André. 2011. Global oil risks in … Continue reading

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ASPO: Top Ten 2014 News Stories Regarding Oil and the Economy

Andrews, S., Whipple, T. January 6, 2015. Top Ten 2014 News Stories Regarding Oil and the Economy. January 6, 2015. 1. Oil Price Crash The great price crash of 2014 could well turn out to be one of the defining … Continue reading

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Dailyreckoning

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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