Tag Archives: decline

Big Repairs Still Needed To Fix the American Jobs Picture

A significant structural change in US labor markets has come to light in the years since the financial crisis, and that is our economy’s composition of full time vs. part time jobs. The US in the previous decade shouldered nearly five full time jobs for every part time job. But that ratio changed, rather dramatically, […]

The Race for BTU

Dear Readers: I’m currently writing a long-form post twice a month now for Chris Martenson’s excellent website. Accordingly, I’ll be publishing the first (and free) part of these essays here at เกมยิงปลาสุดมันส์ www.dongythoxuanduong.com. Enjoy. — Gregor The world’s major central banks — including the Bank of Japan (BOJ), the European Central Bank (ECB), and the Federal […]

Obama Memo: Redeem Yourself With Rail

Has the Obama Administration, in its first three years, helped the United States ween itself from fossil fuels? Or more urgently, from oil? The 2005-2008 period sent another stern warning that a discretionary, oil-based lifestyle was unlikely to be sustainable in America. The data now proves this out. From the highs of 2005, US oil […]

Selling the Oil Illusion, American Style

Dear Readers: I’m currently writing a long-form post twice a month now for Chris Martenson’s excellent wesbsite. Accordingly, I’ll be publishing the first (and free) part of these essays here at เกมยิงปลาสุดมันส์ www.dongythoxuanduong.com. Enjoy. — Gregor ___________________________________________________________________________ “The task of the real intellectual consists of analyzing illusions in order to discover their causes.” ~ Arthur Miller […]

Obsolete Expertise and the US Economy’s Energy Problem

If you came of age in the twenty years leading up to the millennium, it’s likely you will treat energy as a non-limiting input to the US economy. As a journalist, policy maker, or economist, you are far more likely to produce political explanations when faced with economic dilemmas. The Great Recession has offered the […]

The Decline of Available Energy to Society

Over the New Year’s Day weekend The Oil Drum put out a call to its community of analysts for chart submissions. What’s been created there over the past 72 hours is a kind of museum of data covering population, energy, growth, and the economy. Do check out the post, Chart of the Year, which is […]

The Federal Reserve Enters Decline

The Federal Reserve is an artifact of the Abundance Economics that have governed Western economies over the past 250 years. For nearly 250 years exactly we have climbed the ladder of ever increasing energy density, and ever increasing energy supply. That era has now come to an end. You can see that view, the end […]

Poverty and the American Suburb

If 1 in 8 Americans is currently on food stamps then household budgets are clearly stressed enough to be affected by changes in the price of gasoline. Given that oil (and gasoline) made its biggest advances starting in 2004, it was revealing to see the latest study on poverty from the Brookings Institution. Their study […]

IEA Report Stalks the Market

Bits and bobs of the much awaited IEA World Energy Outlook (WEO) started dribbling out two weeks ago. The report has now arrived. The media will fashion a number of crafty headlines today, to help the public understand the huge data dump IEA has just unloaded. Much of the report makes typically impossible forecasts about […]

The Decline and Fall of Western Oil Production

IEA Paris has apparently let slip the highlights from its pending World Energy Outlook, due out next month. The buzz in oil circles all year has been that the release of this report would be a shocker. I’d say a new decline rate forecast of 9.1% more than qualifies. But let’s see how the media […]