[Tuike]

While old veteran Peak Oil experts from the early 2000's have either stepped down or gone to heaven, Tim Watkins brings back the Peak Oil subject in the 2020s.

The book gives an example of consequences of energy thirst from 1930s great depression. In 1920s there was a coal mining boom in America, then coal mining peaked and coal powered economy started to have hiccups which lead to chain reaction to stock market crash.

This follows to an analogy to 2000s where conventional oil production was in trouble. When central banks release currency to an economy lacking energy, it causes inflation because there not enough stuff to be bought. Rising interest rate doesn't work when inflation is caused by energy shortage.

Some critisim: The author complains how politicans does this and that wrong, but doesn't give a hint things should be done instead. Typical political commenting. The authors analysis about Ukraine war is terrible. The western states are supposedly planning to plunder all Russias natural resourses. Luckily he doesn't write much about it so I don't have to feel ashamed for him.

The book has very interesting topic, although I don't agree with everything the author writes.

[Tanada]

Bought it on Tuike's recommendation, will post my opinion once I get the chance to read it myself. About average kindle price for a 155 page book.