tag:blogger.com,1999:blog-3580987459140037495.post5749738483179235226..comments2024-03-18T10:29:20.125-08:00Comments on TriloBoat Talk: The View from Cold MountainDave Zhttp://www.blogger.com/profile/13241033623115158564noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-3580987459140037495.post-69721649791271613352020-10-08T11:51:50.377-08:002020-10-08T11:51:50.377-08:00Hi M,
You jumpin'? Or sittin' tight?
Bes...Hi M,<br /><br />You jumpin'? Or sittin' tight?<br /><br />Best of luck to ye, either way.<br /><br />Dave ZDave Zhttps://www.blogger.com/profile/13241033623115158564noreply@blogger.comtag:blogger.com,1999:blog-3580987459140037495.post-89663062246526393142020-10-08T11:49:52.106-08:002020-10-08T11:49:52.106-08:00Hi John,
I wish I could share your optimism.
In ...Hi John,<br /><br />I wish I could share your optimism.<br /><br />In systemic terms, we have been accelerating toward the falls - COVID or no - simply by indulging in exponential growth within a finite system. We have been seeing significant failures of (so far) sub-critical elements of the world system for decades.<br /><br />Specifically, I believe that falling EROEI (Energy Return On Energy Invested) is depriving the world economy of more and more 'surplus' energy. The kind that goes into public infrastructures and lifts most from poverty.<br /><br />Easy Energy, that famous 'rising tide that floats all ships' is, I believe, now permanently on the ebb, and those anchored near the shore are going aground. The historical reaction has been a decisive turn to the right, which we're seeing again, this time worldwide.<br /><br />COVID, a predicated consequence of human growth and consequent habitat destruction (Nassim Taleb calls it "the whitest of swans imaginable") is one symptom among many. It's a doozy, however... we appear to have made it past overwhelming healthcare systems, for now. But it's a huge and unprecedented shock to the global economy, whose consequences are unfolding at historically rapid rates. Effects are indeed cascading... it remains to be seen if a (catastrophic) tipping point will be reached.<br /><br />So I dunno. I can't say we're at the falls, but we've jumped, swum and stand ashore (on our crumbly bank) and wring our hands for all in that canoe.<br /><br />Dave Z<br /><br />PS... sorry for the mixed metaphors!Dave Zhttps://www.blogger.com/profile/13241033623115158564noreply@blogger.comtag:blogger.com,1999:blog-3580987459140037495.post-87011151414120019592020-10-08T10:46:26.182-08:002020-10-08T10:46:26.182-08:00Posted on behalf of JOHN:
Dave,
I was tentatively...Posted on behalf of JOHN:<br /><br />Dave,<br />I was tentatively pessimistic at the outbreak of COVID, but am less so now. Even if a couple million people in the US die of COVID it's not likely to totally trash the economy. Unfortunately, a lot of people will have their financial lives upended by job losses. After the election, and for sure after the inauguration if Biden wins, there may be more serious attempts from the Federal Government to aid people and businesses. If we get an effective and widely distributed COVID vaccine by the end of 2021 it will do much to get the economy back on its feet. At this point my bet is that we are still quite far from the "falls."<br />JohnDave Zhttps://www.blogger.com/profile/13241033623115158564noreply@blogger.comtag:blogger.com,1999:blog-3580987459140037495.post-57482556198410563072020-10-07T11:50:51.832-08:002020-10-07T11:50:51.832-08:00Loud and clear.
Loud and clear.<br />Mhttps://www.blogger.com/profile/00693914842961229322noreply@blogger.com