12.1 Our finite world (Ten reasons why a severe drop in oil prices is a problem (10/12/2014)
---------
12.1 Our finite world (Ten reasons why a severe drop in oil prices is a problem (10/12/2014)
In my view, a rapid drop in oil prices is likely a symptom that we are approaching a debt-related collapse–in
other words, the second of these two problems. Underlying this
debt-related collapse is the fact that we seem to be reaching the limits
of a finite world. There is a growing mismatch between what workers in
oil importing countries can afford, and the rising real costs of
extraction, including associated governmental costs. This has been
covered up to date by rising debt, but at some point, it will not be
possible to keep increasing the debt sufficiently.
http://ourfiniteworld.com/
---------
http://ourfiniteworld.com/
---------
If
there is collapse will the banking system be the first to go? The
article seems to suggest that the health of the banking system is very
important for our present economic system. Not surprising that banks
worldwide were bailed out by governments after the 2007 financial
collapse.
Shows why it is important to develop alternate local economic systems with separate local currencies. The local and the global must go hand in hand, we need two overlapping systems.
Shows why it is important to develop alternate local economic systems with separate local currencies. The local and the global must go hand in hand, we need two overlapping systems.
..
The graph (Tverberg Estimate of Total Energy Production) is absolutely
frightening. The graph predicts that by 2035 the total energy production
will be about 1/5 of what it is now??
It
is good that our media is keeping us entertained with all kinds of
trivial stuff. (When Rome burnt Nero played the flute ... guess there
was little else he could have done).
And our businessmen are lost in a receding world with ideas on consumption and infrastructure which will soon be irrelevant.
12.1 The end of shop class (9/2/2012)
12.1 The end of shop class (9/2/2012)
12.1 The end of shop class (9/2/2012)
12.1 The end of shop class (9/2/2012)
12.1 The end of shop class (9/2/2012)
12.1 The end of shop class (9/2/2012)
No comments:
Post a Comment