Good read...oil inflation war and tariffs the new norm

by jeffc, Tuesday, February 25, 2025, 08:20 (620 days ago) @ jeffc

https://www.ctvnews.ca/calgary/article/economist-jeff-rubin-offers-a-map-of-the-new-normal/ https://www.youtube.com/watch?v=r0NwC8vSSeE

USA is in some serious debt troubles https://www.visualcapitalist.com/97-trillion-of-global-debt-in-2023 as it tries to raise its debt ceiling, again https://san.com/cc/national-debt-is-at-its-ceiling-on-trumps-second-day-in-office/ and its counting the gold reserves https://economictimes.indiatimes.com/news/international/global-trends/us-news-trump-to-inspect-us-400-tonnes-of-gold-reserves-held-at-fort-knox-why... to back up its spending habits I suspect?

check out https://advisor.visualcapitalist.com/historical-oil-prices/ and https://www.statista.com/chart/1505/americas-debt-ceiling-dilemma/ debt has been a thing since around 1970s it seems?

and oil https://www.worldometers.info/oil/ oil up inflation up interest rates up debt velocity of money halts housing dies can't print/borrow money nor sell bonds (sell the country off)
who needs oil https://marinetraffic.com/ from production to movement of goods https://www.bbc.co.uk/programmes/b053gf85 oil is everywhere now.

good documentaries on money https://www.youtube.com/playlist?list=PLE88E9ICdiphYjJkeeLL2O09eJoC8r7Dc https://thegreattaking.com/ https://www.youtube.com/watch?v=8etB_ft35gU

money and this economy isn't really tied to anything until it bumps up against the finite limits of the planet - resources (oil esp) and people https://en.wikipedia.org/wiki/Population_ageing https://www.visualcapitalist.com/cp/charted-the-worlds-aging-population-1950-to-2100/

it's definitely not tied to https://en.wikipedia.org/wiki/Planetary_boundaries https://www.stockholmresilience.org/research/planetary-boundaries.html
maybe it should be?


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