You have long predicted a deflationary pulse due to changes in technology. But at the same time, you read hubbert's peak, and you understand that decline rates of the most important input to our economy accelerate. Right now, the global decline rate with no newdrilling is en over six %. So can you unpack the relationship between tec productivity, which is deflationary, and versus your awareness of energy depletion, which would be inflationary? Well, let's go back and look at how i first got involved in disruption so is 19 88,. It took 70 years to put a landline system into u k, 50 into the us, 30 into japan, 20 into
On this episode, we meet with legendary financial icon Kiril Sokoloff to take a bird’s eye view of the global energy/financial situation.
Why is the financial community so complacent about peak oil and the relationship between increasing energy scale and growth? Can we make predictions about the future by looking back at history?
Kiril shares his professional experiences with scenario planning, disruption, and investing as well as his passion for history and the practice of Buddhism to influence and inform decision making and life.
About Kiril Sokoloff:
Kiril is an investor, a researcher, and long-time editor of the highly respected weekly publication “13D – What I Learned this Week”. For 50 years he has predicted major inflection points in energy and commodity prices correctly including 1980, 2002, and 2008 and recently stated sanctions on Russia will result in economic suicide for Europe.
Kiril is active in philanthropy in areas of healthcare, education, and the scaling of human consciousness.
For Show Notes and Transcript visit: https://www.thegreatsimplification.com/episode/34-kiril-sokoloff