" . . . . 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 . . . “ th-cam.com/video/BxinAu8ORxM/w-d-xo.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!
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?
Neo-Marxist here, really solid introduction.
Marxism fails
@@robowizard6132 thanks for that well thought out critique
" . . . . 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 . . . “
th-cam.com/video/BxinAu8ORxM/w-d-xo.html&feature=emb_logo
thank youu
An Austrian here but interesting
18:40
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?