Governments may want to reduce long-term interest rates, but they cannot do so without having the market for these loans disappear. In this part of the economic cycle, it appears that high intere...
https://ourfiniteworld.com/2024/10/14/oil-shortages-lead-to-hidden-conflicts-even-war/
The situation is far more complex than the models of economists make it seem. World crude oil supply seems to be past peak now; it may be headed down significantly in the next few years. Central ...
https://ourfiniteworld.com/2024/09/11/crude-oil-extraction-may-be-well-past-peak/
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/
The world economy is an amazingly complex, physics-based, self-organizing system. The three major elements are extracted resources including energy resources, human population, and demand coming ...
https://ourfiniteworld.com/2024/07/22/how-does-the-economy-really-work/
Figure 1 shows that, for the Advanced Economies, GDP has been trending downward since the early 1960s; this is concerning. It makes it look as if within only a few years, the Advanced Economies m...
https://ourfiniteworld.com/2024/06/22/the-advanced-economies-are-headed-for-a-downfall/
Moving industrialization offshore can look like a good idea at first. But as fossil fuel energy supplies deplete, this strategy works less well. Countries doing the mining and manufacturing may b...
https://ourfiniteworld.com/2024/05/21/reaching-the-end-of-offshored-industrialization/
There are many myths about energy and the economy. In this post I explore the situation surrounding some of these myths. My analysis strongly suggests that the transition to a new Green Economy i...
https://ourfiniteworld.com/2024/04/18/the-worlds-economic-myths-are-hitting-limits/
Historical data show that a reduction in energy availability has mostly affected the US, European countries, Japan, and other advanced economies. I expect this situation to continue as energy lim...
https://ourfiniteworld.com/2024/03/17/advanced-economies-will-be-especially-hurt-by-energy-limits/
The US already has a huge amount of LNG export capacity approved but not yet under construction. The likely roadblock is the need for debt financing. One obstacle is the need to find investors wi...
https://ourfiniteworld.com/2024/02/14/should-the-us-add-more-lng-export-approvals/
In 2024, the world economy is acting more and more like an 80-year-old man than like a young vigorous economy. Perhaps the economy can continue for quite a few more years, but it increasingly loo...
https://ourfiniteworld.com/2024/01/15/2024-too-many-things-going-wrong/