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 […]
Stora oljebolag kläms från två håll, från resurs nationalism som exkluderar bolagen från den lättåtkomliga oljan, och från felaktig beräkningar hos investerare.
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