
SLP453 Luke Gromen - Soft Landing or Hard Landing?
Stephan Livera Podcast
00:00
Peak Cheap Energy Peak Cheap Oil Is a Critical Dynamic
De-dollarization is driven by multiple factors but the most important of them is peak cheap energy and what we're seeing is a world where according to enverus 90 percent of the growth of global oil supply over the last 10 years has come from uscha uschales peaking. As long as oil is only priced in dollars then peak cheap energy will mathematically collapse the post-71 dollar system without fail it is guaranteed i should be careful that word is going to get me in trouble but it is mathematically it's it's a mathematical certainty right because basically emerging markets need oil they need more oil since they're growing.
Play episode from 27:50
Transcript


