Energy & The Financial System Presentation

2 Comments on "Energy & The Financial System Presentation"

Dave Thompson on Mon, 4th Aug 2014 4:51 pm 



Summery;Energy inputs + or – = Economy.

Davy on Tue, 5th Aug 2014 7:10 am 



This guy is saying what I relate here constantly and monotonously. He is stating basically financial repression, limits of growth, and diminishing returns. This is happening in a system at a high state of disequilibrium. The break will be massive because we have delocalized locals everywhere with codependence on a hyper globalized world. There is no managed de-growth because this trend must accelerate to survive. The further the acceleration the more brittle and dangerously dependent the system becomes on efficiencies, energy intensity, and multiple significant problem solving needs unmet. This condition is bad enough internally with the system mechanisms but add to that the environment this global system disequilibrium is positioned in. These problems are predicaments talked about here every day. I call this situation “The” Mega predicament which is a summation of multiple predicaments. It is the multiple nature of the many and varied predicaments that are inclusive and converging that create an intractable condition. Trying to solve one predicament makes another worse or is stymied by a competing predicament. So we have the situation of a system that has cycled into hyper disequilibrium because of energy intensity, population overshoot, and complexity. We then have the corresponding Mega predicament in a symbiotic relationship but human negative. Both systematic conditions are converging and driving stresses that will cause a catastrophic bifurcation. This may not happen suddenly by our human standards. 10 years is nothing by a historian’s perspective. It is currently near the break point with all the corresponding symptoms. The million dollar question is how big of a break and for how long. Population survival is contingent upon duration and degree of collapse. When will the reboot be and how much vital support infrastructure both human and physical will be lost. IMO this is a mega paradigm shift and the new normal is descent not growth. Our institutions, infrastructure, and mechanisms for exchange/political cooperation will have to adapt to this new normal or fail. The biggest adaptation will need to be with chaos. Chaos in the systematic sense. This will create irrational abandonment of technology and economic systems. It will create dysfunctional social arrangement. We will see irrational events because the predictability of chaos in descent is limited. The best you can do is casino odds. This descent paradigm is self-organizing, all inclusive, and mutually reinforcing. IOW we are in uncharted waters with blindfolds on with a storm approaching.