Financial Crisis
Making Sense of the Financial Crisis in the Era of Peak Oil - Nicole Foss - 12 June 2010   .mp3 Chick Here

Nicole acknowledges that we are heading energy-poor future. Are we heading a future of deflation and depression. Deflation has some interesting characteristics, but the essential ones are that credit disappears and unemployment rises. while demand and prices fall along with affordability, so that as everything becomes less affordable, the essentials become the least affordable of all.
She explains within the constraints of the natural world, and given the data we now have about potential, even likely, future scenarios that include less energy and an almost non-existent global economy -  to learn more mp3 Chick Here

What is happening to our financial system?

  • Is everything taking a dive?

  • Does it effect everyone?

  • How can our financial system be re-engineered to provide  a new sustainable economy and society?

  • Is there a link between the dollar and energy?

  • Will this crisis cause us to reach Net Energy sooner?

  • Oil production is declining at 9% per year

  • Are we heading for collapse?

  • What can we do to secure a sustainable and independent future for ourselves , our family, our business for energy,
    transport and communication?

  • Do Energy Systems Integration companies hold the key?

Global Systemic Crisis?

  • Can the world recover from such  a  huge deficits?

  • Will we see massive unemployment?                    

  • Will banks, companies, housing & countries survive?

  • What will happen to US Dollar and British Pound?

  • Will everyone feel the effects e.g. America, Europe, Asia, Russia, China, Japan, the Middle East and Africa ?

  • Can we expect substantial inflation to follow?

  • Will this be the greatest depression ever?

Growth in GDP (green) and US debt (red) (Bn USD) - Sources:
 US Federal Reserve / US Bureau of Economic Analysis / Chris Puplava, 2008

(2007-2009) WORLD FINANCIAL CRISIS

██ Countries in official recession (two consecutive quarters)

██ Countries in unofficial recession (one quarter)

██ Countries with economic slowdown of more than 1.0%

██ Countries with economic slowdown of more than 0.5%

██ Countries with economic slowdown of more than 0.1%

██ Countries with economic acceleration Source

Click images below to watch the video   or  You Tube   Part 1    Part 2

Dollar is Linked to Energy

We are used to Cheap Energy which is the result of cheap oil BUT now that we have reached Peak Oil and oil is declining by 9% annually, we must expect our lifestyles to contract to compensate.

We are now heading towards NET ENERGY  when we reach nil net energy. That is the point when the amount of energy produced is the same as the amount invested to get it: there is zero net energy left to do anything else.

Unless we find HIGH ENERGY alternatives.................

 

 


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