Oil production from Alaska hit a 40-year low last year, partially due to the pandemic shutdown and low oil prices. However, Alaskan oil production has been steadily declining since its peak in 1988. At one time, Alaska was producing 25% of U.S. oil production. Although, last year, Alaskan oil production…
If we thought the shortages of semiconductors were causing havoc on many sectors of the global economy, now it’s a shortage of plastic. Since the pandemic shutdowns, the global economy is still struggling to get back to some sort of normalcy, it that is ever possible again. According to the plastic industry…
The world’s economies added an obscene amount of debt last year just to keep the entire system from imploding. Actually, the amount of debt that the world added last year accounted for nearly a third of global GDP. Just think about that for a minute. Without the massive debt increase, global GDP would have…
The massive U.S. Financial Ponzi Scheme has been kept alive as long as global oil production increased. Unfortunately, with the collapse of world oil production and consumption due to the pandemic last year, the United States economy is now in serious trouble. Thus, the productive aspect of the U.S. economy…
As the world transitions to more electric vehicles over the next five years, silver consumption in the global automotive industry is forecasted to surge by 2025. All of this is taking place right when investors are beginning to wake up to the SILVER STORY. With so much debt, money printing, and liquidity being used…
In this video update, I provide examples of how the Falling EROI is negatively impacting several sectors in the global economy. The Falling Energy Returned On Investment (EROI) is the number one equation that allows all living systems the ability to live or die. When the EROI falls to a certain level, then the collapse…