The Importance of Energy in Modern Economics

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On Wall Street, they view a dollar of energy inputs as a dollar worth of crayons or vitamins. But we need energy for everything else in the global supply chain and global economy. And so when energy is short and it has to be rationed, then energy moves to the two - right for place. It's just the mirage of it leaving that place. The academic thinking around energy and currencies and international trade works quite well but only breaks down when you have technological breakthroughs like we saw with horizontal drilling in Shell patch.

On this episode, Nate is joined by Doomberg - the anonymous energy/finance analyst team (visually presenting as a talking chicken icon) who uses an energy lens to analyze global trends in the economy, with so far some remarkable accuracy. In this wide ranging discussion, Doomberg and Nate cover the interactions between geopolitics, debt, climate policy, and - of course - energy. How have the narratives created around different types of energy - from renewables to nuclear - affected current policy making around the world? Will the increasingly precarious state of the global debt and monetary system shift the geopolitical landscape? How have increasing global tensions combined with a rise in green energy policy affected nations’ desire for energy security - and what does it mean for future policy as we enter a period of decreasing energy availability?

About Doomberg

In May of 2021, Doomberg was started by a team of professionals experienced in heavy industry, private equity, and the hard sciences to highlight the fundamentals missing from many economic and policy decisions, and it quickly grew to be one of the most widely read finance newsletters on Substack. Doomberg covers topics from energy, finance, to the economy at large, in an attempt to improve society's thinking and clarity to complex problems.

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https://youtu.be/pYkmJOhWtSU

Show Notes & More Info

https://www.thegreatsimplification.com/episode/83-doomberg