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 this debt bubble may collapse. My concern is that the economy may be headed for an incredibly hard landing because […]
Buried in the comments of the last post we discussed human overshoot and what should be done about it. I proposed our goal should be to minimize suffering and that the best path to achieving this goal is awareness of Ajit Varki’s Mind Over Reality Transition (MORT) theory. My view, in summary, is that when […]
Preface. Below are excerpts from U.S. House & Senate hearings where various speakers made the case that due to tight fracked gas & oil the United States had 100 or 200 or even 250 years of Energy Independence ahead. For … Continue reading →
En ny studie gjord av Institute for Policy Research & Development (IPRD) i London, varnar för att en abrupt klimatförändring, energikris, livsmedelsbrist och ekonomi i vild oordning kan störta industrisamhället in i kaos efter 2020.
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