

End of Mythical Times - End of Wealth as we know it
Some readers may find the notion of myth as playing a central role in our supposedly rational world hard to digest. This calls for...


The "Gold Connection"
We have noted in an earlier posting that one of the main, grossly misunderstood, relays between energy, EROI, and “Planet Finance” is...
It's Thermodynamics!
The fact that EROIs are now in the process of passing below 10:1 has fundamental economic and financial consequences that run very deep....
Third Energy Challenge
The previous analyses concerning the First and Second Energy Challenges lead us now to expand on the Third, that is, the economic and...


Peering Behind the Thick Veil of Paper Money
The red curve in Figure 4, page 19, shows the evolution of US GDP/head in barrels of oil (Boev). US wealth per head peaked in 1970 just...
Energy: The Fundamental Driver of Wealth Creation
While many readers might find the Four Challenges singled out in previous postings alarming, they may find it also challenging to relate...