" . . . . what it stands for and what's in store for the future. . . . " It's 'too late'? 'We' have ten years? “ . . . our best estimate is that the net energy 33:33 per barrel available for the global 33:36 economy was about eight percent 33:38 and that in over the next few years it 33:42 will go down to zero percent 33:44 uh best estimate at the moment is that 33:46 actually the 33:47 per average barrel of sweet crude 33:51 uh we had the zero percent around 2022 33:56 but there are ways and means of 33:58 extending that so to be on the safe side 34:00 here on our diagram 34:02 we say that zero percent is definitely 34:05 around 2030 . . . we 34:43 need net energy from oil and [if] it goes 34:46 down to zero 34:48 uh well we have collapsed not just 34:50 collapse of the oil industry 34:52 we have collapsed globally of the global 34:54 industrial civilization this is what we 34:56 are looking at at the moment . . . “ ruclips.net/video/BxinAu8ORxM/видео.html&feature=emb_logo
Chick is like her books are written. Thats fine and not surprising. Stockhammer is often terribly wrong. => You need no financial markets ( in certain models) bc there is no uncertainty and therefore no need to hold any money. What? So the only reason to hold money is uncertainty?? Sorry, but Nooo!
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Estupenda explicación, Clara, convida y muy ilustrativa*****
I'm curious about the order of names in the video description. Isn't Victoria Chick first to speak?
" . . . . what it stands for and what's in store for the future. . . . "
It's 'too late'?
'We' have ten years?
“ . . . our best estimate is that the net energy
33:33 per barrel available for the global
33:36 economy was about eight percent
33:38 and that in over the next few years it
33:42 will go down to zero percent
33:44 uh best estimate at the moment is that
33:46 actually the
33:47 per average barrel of sweet crude
33:51 uh we had the zero percent around 2022
33:56 but there are ways and means of
33:58 extending that so to be on the safe side
34:00 here on our diagram
34:02 we say that zero percent is definitely
34:05 around 2030 . . .
we
34:43 need net energy from oil and [if] it goes
34:46 down to zero
34:48 uh well we have collapsed not just
34:50 collapse of the oil industry
34:52 we have collapsed globally of the global
34:54 industrial civilization this is what we
34:56 are looking at at the moment . . . “
ruclips.net/video/BxinAu8ORxM/видео.html&feature=emb_logo
Neo-Marxist here, really solid introduction.
Marxism fails
@@robowizard6132 thanks for that well thought out critique
thank youu
18:40
An Austrian here but interesting
Chick is like her books are written. Thats fine and not surprising. Stockhammer is often terribly wrong. => You need no financial markets ( in certain models) bc there is no uncertainty and therefore no need to hold any money. What? So the only reason to hold money is uncertainty?? Sorry, but Nooo!
What a poor speaker!
She's pretty good actually. If you read Keynes, that's probably as good a summary as you can get.
You are mean
Maybe it is your poor intelect?