Gail Tverberg: Our Energy Investment Sinkhole Problem
This Financial Sense Newshour program is available only as a premium, paid "FS Insider" release.
For advance notice of release of premium, paid "FS Insider" content or to purchase a monthly or annual subscription to "FS Insider" content, go to www.financialsense.com/subscribe.
Jim welcomes back Gail Tverberg to speak on energy, and they discuss her views on limits to oil supply limiting long-term economic growth. Gail believes the key issue is that global oil supply is not rising very quickly, no matter how much investment is made. Because of this “sinkhole” phenomenon, we are getting less and less back for every dollar invested; or declining energy return on energy invested. Gail argues that the ultimate impact for developed (OECD) countries will be a long-term contraction of their economies. The problem is that our current global financial system depends on long-term growth.
About James J Puplava CFP
|12/03/2016||Jim Puplava’s Big Picture: The Trumpian Revolution||bcast|
|12/03/2016||Dave Nicoski: Bull Market Remains Intact; Expect Consolidation of Trump Rally||bcast|
|11/29/2016||Andrew Scott on "The 100-Year Life: Living and Working in an Age of Longevity”||bcast|
|11/28/2016||Lifetime Income Series: Adjusting for Longevity - The New Retirement Paradigm||bcast|
|11/26/2016||Jim Puplava’s Big Picture: The Mandibles - A Book Interview||bcast|
|11/22/2016||Carolyn Rosenblatt on the Growing Problem of Elder Abuse||bcast|
|11/21/2016||Lifetime Income Series: Elder Abuse – Don’t Be a Victim!||bcast|
|11/19/2016||Jim Puplava’s Big Picture: Trump and the Great Reflation||bcast|
|11/19/2016||Craig Johnson: Major Rotations into Positive Year-End||bcast|
|11/15/2016||Dr. Wade Pfau: Practical Strategies to Manage Unforeseen Retirement Risks||bcast|