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Today, there is great wage and wealth disparity, just as there was in the late 1920s. Recent energy consumption growth has been low, just as it was in the 1920s. A significant difference today is...
https://ourfiniteworld.com/2024/08/21/todays-economy-is-like-that-of-the-late-1920s/
With an ever-lower cost of debt, the economy has had a hidden tailwind pushing it long between 1981 to 2020. Now that interest rates are again rising, the danger is that a substantial portion of ...
In my view, the first item listed is critical at this time: Is the supply of cheap-to-produce energy products growing fast enough to keep the world economy operating and the debt bubble inflated?...
Many countries have assumed that natural gas imports will be available for balancing electricity produced by intermittent wind and solar, whenever they are needed. The high natural gas import pri...
https://ourfiniteworld.com/2021/09/25/could-we-be-hitting-natural-gas-limits-already/
I have written many posts relating to the fact that we live in a finite world. At some point, our ability to extract resources becomes constrained. At the same time, population keeps increasin...
https://ourfiniteworld.com/2021/06/18/how-energy-transition-models-go-wrong/
We now live in a strange world filled with half-truths, not too different from the world of the 1930s. US newspapers leave out the many stories that could be written about rising food insecurity ...
https://ourfiniteworld.com/2021/05/04/how-the-worlds-energy-problem-has-been-hidden/
Many people thought that COVID-19 would be gone with a short shutdown. They also thought that the world’s economic problems could be cured with a six month “dose” of stimulus. It is increas...
https://ourfiniteworld.com/2020/09/23/reaching-the-end-of-early-stimulus-whats-ahead/
It seems like a reset of an economy should work like a reset of your computer: Turn it off and turn it back on again; most problems should be fixed. However, it doesn’t really work that way. Le...
https://ourfiniteworld.com/2020/07/17/why-a-great-reset-based-on-green-energy-isnt-possible/
The COVID-19 story keeps developing. At first, everyone listened to epidemiologists telling us that a great deal of social distancing, and even the closing down of economies, would be helpful. Af...
https://ourfiniteworld.com/2020/06/25/covid-19-and-the-economy-where-do-we-go-from-here/
Why are we seeing so much violence recently? One explanation is that people are sympathizing with those in the Minneapolis area who are upset at the death of George Floyd. They believe that a whi...
https://ourfiniteworld.com/2020/06/03/increased-violence-reflects-an-energy-problem/