Re:No one knows how much the government can borrow
by drivebycomment on Sunday January 24, 2021 @01:18AM
(#25889796)
What do you mean by "economy is in decline" ? And, on what basis do you claim fossil fuel is getting more expensive ? The oil price hasn't gone up significantly over the past decades. The cost of electricity, adjusted for inflation, hasn't gone up.
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Re:No one knows how much the government can borrow
by spurgu on Sunday January 24, 2021 @08:04PM
(#25897888)
There are many ways GDP is being "padded" (by excluding certain liabilities for example), things like unemployment numbers as well. The "true" economy has been stagnating or in a downward trend for at least a decade already.
And the actual cost (EROI) of extracting fossil fuels isn't necessarily (directly) tied to consumer prices.