Gail Tverberg Blog | Talkmarkets | Page 1
Researcher writer at
Contributor's Links: Our Finite World

Gail Tverberg is a researcher on subjects related to energy and the economy. Her background is as actuary, who did financial modeling for insurance companies, so she brings a different perspective to the question of how limits of a finite world affect the economy.


Latest Posts
1 to 16 of 38 Posts
1 2 3
A Video Game Analogy To Our Energy Predicament
The way the world economy is manipulated by world leaders is a little like a giant video game. The object of the game is to keep the world economy growing, without too many adverse consequences to particular members of the world economy.
Will China Bring An Energy-Debt Crisis?
It is easy for those of us in the West to overlook how important China has become to the world economy, and also the limits it is reaching. The two big areas in which China seems to be reaching limits are energy production and debt.
EC The Approaching US Energy-Economic Crisis
Neither China nor Saudi Arabia obtains as much economic growth, relative to its energy expenditures, as does the US. In order to make sense of what is happening, we need to look at the world total.
Why Oil Prices Can’t Bounce Very High; Expect Deflation Instead
It is quite possible that oil prices will bounce back up to $80 or even $100 per barrel, for a short time. But if they rise very high, for very long, there will be adverse impacts on other segments of the economy.
EC World GDP In Current U.S. Dollars Seems To Have Peaked; This Is A Problem
What has been concerning for the last couple of years is that World GDP is no longer growing robustly. In fact, it may even have started shrinking, with 2014 being the peak year.
Researchers Have Been Underestimating The Cost Of Wind And Solar
How should electricity from wind turbines and solar panels be evaluated? Should it be evaluated as if these devices are stand-alone devices? Or because of intermittency and other factors,should we recognize the need for supporting services?
The Next Financial Crisis Is Not Far Away
We should expect financial collapse quite soon–perhaps as soon as the next few months. Our problem is energy related, but not in the way that most Peak Oil groups describe. It's more related to the election of President Trump and to the Brexit vote.
EC Falling Interest Rates Have Postponed “Peak Oil”
When interest rates fall, debt levels tend to rise. This happens because expensive goods such as homes, cars, and factories become more affordable. Thus, falling interest rates are very closely associated with rising debt levels.
Why We Should Be Concerned About Low Oil Prices
Most people assume that oil prices, and for that matter, other energy prices, will rise as we reach limits.
The Economy Is Like A Circus
The economy is like a circus. It comes to town, and eventually it leaves. We get paid in tickets. As long as the circus stays, we can use our tickets. The reason it stays in town is because the economy stays in sufficient balance.
EC Why Energy-Economy Models Produce Overly Optimistic Indications
Whether or not a new economic system can arise to take the place of our existing system remains to be seen. It certainly is a concern.
EC Raising Interest Rates Can’t End Well
Judging from the problems we are having now, the economy seems to be reaching its limit in the near term. Raising interest rates will tend to push it even further toward its limit, or over the limit.
EC Oops! The Economy Is Like A Self-Driving Car
The reason why the economy acts like a self-driving car is because the economy is, in physics terms, a dissipative structure. It grows and changes “on its own,” using energy sources available to it.
The “Wind And Solar Will Save Us” Delusion
The time has come to move away from believing that everything that is called “renewable” is helpful to the system. We now have real information on how expensive wind and solar are, when indirect costs are included.
EC 2017: The Year The World Economy Starts Coming Apart
Whether or not the “coming apart” process started in 2016, in my opinion we are going to see many more steps in this direction in 2017.
EROEI Calculations For Solar PV Are Misleading
The type of EROEI we generally hear about today is what I would call “energy return on fossil fuel energy invested. What should be done next in the energy industry?
1 to 16 of 38 Posts
1 2 3