"I expect this situation to continue as energy limits become more of a problem.
- Advanced economies will start looking and acting more like today’s less-advanced economies.
- The world economy will face a bumpy path in a generally downward direction.
In this post, I give an overview of our current predicament.
All economies are subject to the laws of physics.
- We are biologically adapted to needing some cooked foods in our diets.
- We have also moved away from the equatorial regions, so many of us need heat to keep warm.
With a world population of 8 billion, we are a long way from meeting all our energy needs with renewable sources alone...
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