Categories
-
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
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
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
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
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
Posted in ! About Corruption, Economic Decline, Other Experts
Tagged bubble, corruption, debt, financial crash, index
2 Comments
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
Posted in Peak Natural Gas, Peak Oil
Tagged bubble, debt, natural gas, oil, scam, wall street
Comments Off on Economic peak shale natural gas and oil from yet another bank & Wall Street scam
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
Comments Off on Would Tesla, SolarCity or SpaceX exist without $4.9 billion in government subsidies?
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
Posted in Other Experts, Peak Oil, Scientists, Scientists Warnings to Humanity
Tagged contracting economy, debt, Export Land Model, food and fuel riots, peak oil, pensions, social welfare programs, supply chains
Comments Off on Global oil risks in the early 21st century, Energy Policy 2011
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
Posted in Organizations
Tagged 2014, aspo, debt, fracking, peak natural gas, peak oil, predictions, shale
Comments Off on ASPO: Top Ten 2014 News Stories Regarding Oil and the Economy
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
Posted in Economic Decline, Gold & Silver, Money
Tagged bonner, daily reckoning, debt, greenspan, stock market
Comments Off on Dailyreckoning