Economy

Connecting the dots between the cost of energy and such traditional measures of the economy as GDP, jobs, and the health of the US dollar, along with re-localization.

Dollars are worthless without crude oil

Money as energy

In my previous post I drew some parallels between energy and money – and more specifically, energy and banking – and pointed out that when money is at stake, the presence of energy is likely lurking somewhere in the shadows. It was mostly hypotheses and observations I was throwing around about energy and banking, but when it comes to energy and money, one can hardly overstate the connection. Take … [Read more...]

Follow the energy to find the money

peat bricks

While the phrase "follow the money" is common parlance in progressive circles these days, a more relevant line of investigation for these peak oil times of ours might be, I think, "follow the energy." For as it is, the suggestion of "following the money" generally refers to something like following the trail of bread crumbs all the way to where the buck stops, one eventually coming upon a … [Read more...]

If you’re really for the economy then you’re also for the environment

stock trader at computer screen

I taught college logic for decades. Logical fallacies make me squirm. However, most people have errant ideas about logic. My undergraduate students always get huffy and insist that their "true premise" is logical. Logic examines process, prior to truth. A true conclusion can be arrived at if, and only if, the premises are true, and the process by which the argument is constructed is valid. … [Read more...]

Black Friday strikes back with ‘freedom to shop’

Blacklie Day 2013 screenshot

If you're rooting for humanity to survive much into the future, then you'll surely find yourself on the opposite side of the holiday shopping season from America's big retailers. If they're rooting for more sales, you may be rooting for consumers to buy less. People who care about climate change and peak oil want industry to stop trashing the planet. But industries that make money from selling … [Read more...]

Faith and trust in the system is collapsing

bridge collapsed

I began reading Dimitry Orlov’s recent publication, The Five Stages of Collapse: Survivors’ Toolkit, last week and it has got me thinking about his thesis with respect to the revelations around the U.S. surveillance system being used globally by the-powers-that-be (both corporate and political), in combination with the ongoing exposure of manipulation of various markets and interest … [Read more...]

Hopium for the masses, renewable energy edition

fuel cell car

As Derrick Jensen points out, this "culture as a whole and most of its members are insane." For my part, I continue to be surprised at the number of people who believe in infinite growth on a finite planet. I continue to be amazed at the number of people who believe a politician cares about them, and that their favorite politician will act in their best interests. I continue to be surprised … [Read more...]

How farmland became Canada’s hottest real estate market

Alberta farmland

Buy land, advised Mark Twain, because, as the punch line goes, they ain’t making any more of it. Fast forward to 2013 and that advice, as a look at prices for farmland shows, seems as prescient as ever. As any farmer will readily tell you, the agriculture business has had a tough run. Agriculture was once an economic mainstay. Turn back the clock to 1950 and the sector employed nearly a fifth … [Read more...]

The high price of materialism

shopping carts

A war on climate change is a war on materialism, plain and simple. The carbon pollution spewing out of our power plants and tail pipes is a natural byproduct of the monstrous engine of economic growth we have built, an engine that exists solely to satisfy the demand our materialism creates. Indeed this demand is so great that if everyone in the world lived like Americans, we’d need 4 whole Earths … [Read more...]

The economy isn’t coming back

recession space

Presently Americans wait with bated breath, watching sales numbers and unemployment statistics, grasping for signs that an economic recovery is underway. We search for signals that indicate we’re growing, that there will be a job for everyone who wants one, and that the United States will resume the prosperity and standing in the world it once had. We wait in vain. The economy isn’t … [Read more...]

Hot, broke & crowded: Top 3 reasons to flee big cities

Book of Eli freeway

It's a staple of summer disaster flicks: the scene of a panicked populace trying to get the hell out of Dodge. Or, after the bomb is dropped, a band of bedraggled survivors picking their way out of smoking ruins, hobbling along a shattered freeway littered with dead cars, empty except for the decaying remains of their occupants. It's all good fun in a movie like The Book of Eli. But Escape … [Read more...]