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- Too many promises; too few future physical goods
- A lack of very cheap oil is leading to debt problems
- What has gone wrong with the economy? Can it be fixed?
- Sierra Club talk that may be of interest
- Why oil prices don’t rise to consistently high levels
- Worrying indications in recently updated world energy data
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- Economic contraction, coming right up
- Brace for rapid changes in the economy; the world economy is reaching Limits to Growth
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Introductory Post | Our Finite World
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Category Archives: Introductory Post
A lack of very cheap oil is leading to debt problems
The economy needs a strong middle class to maintain the buying power needed to purchase goods such as vehicles, motorcycles, and new homes, to keep the price of oil up. Prices must be both high enough for producers and low enough for consumers. Continue reading →
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Posted in Financial Implications, Introductory Post, PDFs Available
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Tagged EROEI, EROI, limits to growth, low oil prices, wage disparity
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1,521 Comments
Economic contraction, coming right up
In this post, I will try to describe the physics-based limits that the economy is facing, related to diminishing returns of many kinds. The problem we are facing has sometimes been called “limits to growth,” or “overshoot and collapse.” Such changes tend to lead to a loss of “complexity.” Continue reading →
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Posted in Financial Implications, Introductory Post
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Tagged diminishing returns, DOGE, limits to growth, oil prices
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1,496 Comments
How Does the Economy Really Work?
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 through the financial system. All three of these elements tend to increase over time, but both population and extracted resources tend to hit limits because the world is finite. Continue reading →
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Posted in Energy policy, Financial Implications, Introductory Post
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Tagged climate change, collapse, economic growth, limits to growth
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1,844 Comments
Advanced Economies Will Be Especially Hurt by Energy 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 limits (oil and coal, especially) become more of a problem. Advanced economies will start looking and acting more like today’s less-advanced economies. Continue reading →
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Posted in Energy policy, Financial Implications, Introductory Post
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Tagged Carbon emissions, climate change, dissipative structure, oil limits
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2,175 Comments
2024: Too Many Things Going Wrong
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 looks like it is in danger of falling apart, or of succumbing as a result of what might be regarded as minor problems. Continue reading →
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Posted in Financial Implications, Introductory Post
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Tagged debt repayment, fossil fuels, limits to growth, wealth disparity
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2,922 Comments
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Gail Tverberg on 2026: Expect a very uneven wor… Gail Tverberg on 2026: Expect a very uneven wor… Gail Tverberg on 2026: Expect a very uneven wor… Gail Tverberg on 2026: Expect a very uneven wor… reante on 2026: Expect a very uneven wor… drb753 on 2026: Expect a very uneven wor… Dennis L. on 2026: Expect a very uneven wor… Dennis L. on 2026: Expect a very uneven wor… Dennis L. on 2026: Expect a very uneven wor… raviuppal4 on 2026: Expect a very uneven wor… Tim Groves on 2026: Expect a very uneven wor… Gail Tverberg on 2026: Expect a very uneven wor… drb753 on 2026: Expect a very uneven wor… guest on 2026: Expect a very uneven wor… drb753 on 2026: Expect a very uneven wor… Top Posts
- 2026: Expect a very uneven world economic downturn
- Too many promises; too few future physical goods
- What has gone wrong with the economy? Can it be fixed?
- World Energy Consumption Since 1820 in Charts
- Our Oil Predicament Explained: Heavy Oil and the Diesel Fuel it Provides Are Key
- Crude oil extraction may be well past peak
- Worrying indications in recently updated world energy data
- A lack of very cheap oil is leading to debt problems
- Brace for rapid changes in the economy; the world economy is reaching Limits to Growth
- Researchers have been underestimating the cost of wind and solar
Academic Articles
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- Financial Issues Affecting Energy Security
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Articles for the Insurance Industry
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Recent Comments
Gail Tverberg on 2026: Expect a very uneven wor… Gail Tverberg on 2026: Expect a very uneven wor… Gail Tverberg on 2026: Expect a very uneven wor… Gail Tverberg on 2026: Expect a very uneven wor… reante on 2026: Expect a very uneven wor… drb753 on 2026: Expect a very uneven wor… Dennis L. on 2026: Expect a very uneven wor… Dennis L. on 2026: Expect a very uneven wor… Dennis L. on 2026: Expect a very uneven wor… raviuppal4 on 2026: Expect a very uneven wor… Tim Groves on 2026: Expect a very uneven wor… Gail Tverberg on 2026: Expect a very uneven wor… drb753 on 2026: Expect a very uneven wor… guest on 2026: Expect a very uneven wor… drb753 on 2026: Expect a very uneven wor…
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If you would like to contact me, please send me an e-mail at GailTverberg at comcast dot net.
I can also be reached at (407) 443-0505.
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