"Steadily rising energy costs and decreasing net energy yields will simply not be able to fund the future economic growth and consumptive lifestyles that developed nations are depending on (and that developing nations are aspiring to). In fact, the persistent global economic weakness we’ve been experiencing over the past years is an expected symptom of the throttling constraint decreasing net energy places on growth." (Source: Peak Prosperity)
Willy De Backer‘s insight:
Chris Martenson’s excellent analysis of why there is not going to be enough net energy for the economic growth we want.