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A comment on Energy Giant Shell Says Oil Demand Could Peak in Just Five Years. Parent comment

Re:Energy Giant Shell Says Oil Demand Could Peak in Just Fiv... by pjc50 on Monday November 07, 2016 @07:00AM (#12890414)
Debt balances with assets across humanity - that number doesn't mean we owe $3trn to aliens.

Some of the $3trn shows up as assets in pension funds and SWFs, but much of it is hiding in the balance sheets of oligarchs and middle eastern monarchs.

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Re:Energy Giant Shell Says Oil Demand Could Peak in Just Fiv... by SomewhatLikely on Saturday November 12, 2016 @01:00PM (#12939126)
Not if the value of those assets declines, as when technology advances obsolete those assets.
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