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februari 2011
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  • Don’t expect the world economy to resume its prior growth pattern after COVID-19 27 maj, 2021
    Most people seem to think that the world economy is going through a temporary disruption, caused by a novel coronavirus. As soon as COVID-19 goes away, they expect the economy will be back to normal. I think that this assessment is overly optimistic. The way I see the situation, the world economy was already having […]
  • OPEC Update, June 2021 13 juni, 2021
    The OPEC Monthly Oil Market Report for June 2021 was published this past week. The last month reported in each of the charts that follow is May 2021 and output reported for OPEC nations is crude oil output in thousands of barrels per day (kb/d). In the charts that follow the blue line with markers […]
  • Negative energy return of solar PV in Northern Europe 16 juni, 2021
    Preface.  I once yanked this paper after huge blow back, but in the past few years, I have no reason to doubt Ferroni and Hopkirks methods, boundaries, or conclusions, so I’m putting this post back. An ERoEI of less than … Continue reading →

Roubini: Energi och livsmedelspriser hotar stabiliteten

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Nouriel Roubini uttalade sig i Davos om att oljepriserna och livsmedelspriserna hotar stabiliteten i många länder. Priserna på olja och livsmedel har stigit kraftigt det senaste året. I många länder står energi och livsmedel för en stor del av hushållens utgifter. Som i länderna i Nordafrika. Han varnar också för att inflationen i Kina stiger på grund av detta och myndigheterna inte stramat åt tillräckligt, han säger:

China’s been behind the curve in terms of monetary tightening – they’ve done it too little compared to what they should, and the risk is now inflation might get out of control.
”Because they don’t want to lose competitiveness and trade and exports… they’re pushing the problem down the road, and then when inflation really rises they’ll have to tighten much more.

Roubini: Oil, energy, food prices a risk to stability – CNN.com.
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