Error in Bridgewater Publication: A Template for Understanding Whats Going On: How the Economic Machine Works: Disregard for Peak Oil and Peak Non-Renewable Natural Resources as the Ecological Foundation of Economic and Political Reality

Peak Oil/NNR Error in Bridgewater Publication: T4U: How Economic Machine Works

RE: Error in Bridgewater Publication: A Template for Understanding Whats Going On: How the Economic Machine Works: Disregard for Peak Oil and Peak Non-Renewable Natural Resources as the Ecological Foundation of Economic and Political Reality

From: Lara Johnstone
Sent: Sunday, April 29, 2012 9:38 PM
To: US: BWater: Paul Darrah; US: BWater: Joel Whidden; US: BWater: Jim White; US: BWater: Kylee Gioiele; US: BWater: Chris Mascarinas
Cc: Dick Smith; Presidency: Dumisa Jele - Ch. Of Staff; Minister of Planning: Ellen Mabunda - Pers. Asst; Min of Finance/Treasury: Lindani Mbunyuza; Treasury: Kershia Singh;
Subject: Peak Oil/NNR Error in Bridgewater Publication: T4U: How Economic Machine Works

CEO: Ray Dalio
Bridgewater Associates
One Glendinning Place
Westport, CT 06880
c/o BWater Employees

CC: (Radical Transparency) Minister of Finance: Mr. Pravin Gordhan; National Strategic Planning Commission: Mr. Trevor Manuel
CC: Peak Oil Org's & Individuals

Dear Mr. Dalio,

RE: Error in Bridgewater Publication: A Template for Understanding Whats Going On: How the Economic Machine Works: Disregard for Peak Oil and Peak Non-Renewable Natural Resources as the Ecological Foundation of Economic and Political Reality

On 08 April I wrote you an email wherein I informed you of my opinion that there is an error in your Bridgewater Associates publication: A Template for Understanding Whats Going On[1]. Specifically that your No.1 Trend Line Productivity Graph was incorrect.

I stated that your graph was a ‘small picture’ graph, and that if you had a ‘big picture’ reality perspective, your graph would look more like that of Mr. Chris Clugston in his Peak NNR book: Scarcity: Humanity’s Last Chapter: A Comprehensive Analysis of Nonrenewable Natural Resource (NNR) Scarcity’s Consequences.

Put succinctly: (I) Peak Oil & Peak Non-Renewable Resources = End of Economic Growth (II) Sustainable Economic Growth is an Oxymoron; (III) Ecological Sustainability = (A) Urgent Population & Consumption Reduction, (B) Political Secession & Economic Relocalisation

I have not received a response from you or anyone at Bridgewater Associates to inform me whether you enquired into the information provided to your offices and what conclusions you reached based upon your enquiry.

Attached PDF includes information on above Peak Oil and NNR realities as well as philosophical perspectives to Masculine (Reason and Logic) Insecurity EgoCentric Denial of the Impending Collapse of Industrial Civilisation.

I am aware of the fact that your -- Daily Observations -- Newsletter is "one of the most widely forwarded pieces of market analysis" read by "practically everyone who is anyone on the Street", including "leaders of central banks, managers of global pension funds as well as U.S. Treasury Secretary Timothy Geitner and President Barack Obama."[2]

Error in Bridgewater Publication: A Template for Understanding Whats Going On: How the Economic Machine Works: Disregard for Peak Oil and Peak Non-Renewable Natural Resources as the Ecological Foundation of Economic and Political Reality

Peak Oil/NNR Error in Bridgewater Publication: T4U: How Economic Machine Works

RE: Error in Bridgewater Publication: A Template for Understanding Whats Going On: How the Economic Machine Works: Disregard for Peak Oil and Peak Non-Renewable Natural Resources as the Ecological Foundation of Economic and Political Reality

From: Lara Johnstone
Sent: Sunday, April 29, 2012 9:38 PM
To: US: BWater: Paul Darrah; US: BWater: Joel Whidden; US: BWater: Jim White; US: BWater: Kylee Gioiele; US: BWater: Chris Mascarinas
Cc: Dick Smith; Presidency: Dumisa Jele - Ch. Of Staff; Minister of Planning: Ellen Mabunda - Pers. Asst; Min of Finance/Treasury: Lindani Mbunyuza; Treasury: Kershia Singh;
Subject: Peak Oil/NNR Error in Bridgewater Publication: T4U: How Economic Machine Works

CEO: Ray Dalio
Bridgewater Associates
One Glendinning Place
Westport, CT 06880
c/o BWater Employees

CC: (Radical Transparency) Minister of Finance: Mr. Pravin Gordhan; National Strategic Planning Commission: Mr. Trevor Manuel
CC: Peak Oil Org's & Individuals

Dear Mr. Dalio,

RE: Error in Bridgewater Publication: A Template for Understanding Whats Going On: How the Economic Machine Works: Disregard for Peak Oil and Peak Non-Renewable Natural Resources as the Ecological Foundation of Economic and Political Reality

On 08 April I wrote you an email wherein I informed you of my opinion that there is an error in your Bridgewater Associates publication: A Template for Understanding Whats Going On[1]. Specifically that your No.1 Trend Line Productivity Graph was incorrect.

I stated that your graph was a ‘small picture’ graph, and that if you had a ‘big picture’ reality perspective, your graph would look more like that of Mr. Chris Clugston in his Peak NNR book: Scarcity: Humanity’s Last Chapter: A Comprehensive Analysis of Nonrenewable Natural Resource (NNR) Scarcity’s Consequences.

Put succinctly: (I) Peak Oil & Peak Non-Renewable Resources = End of Economic Growth (II) Sustainable Economic Growth is an Oxymoron; (III) Ecological Sustainability = (A) Urgent Population & Consumption Reduction, (B) Political Secession & Economic Relocalisation

I have not received a response from you or anyone at Bridgewater Associates to inform me whether you enquired into the information provided to your offices and what conclusions you reached based upon your enquiry.

Attached PDF includes information on above Peak Oil and NNR realities as well as philosophical perspectives to Masculine (Reason and Logic) Insecurity EgoCentric Denial of the Impending Collapse of Industrial Civilisation.

I am aware of the fact that your -- Daily Observations -- Newsletter is "one of the most widely forwarded pieces of market analysis" read by "practically everyone who is anyone on the Street", including "leaders of central banks, managers of global pension funds as well as U.S. Treasury Secretary Timothy Geitner and President Barack Obama."[2]

Peak NNR: Scarcity: Humanity’s Last Chapter : A Comprehensive Analysis of Nonrenewable Natural Resource (NNR) Scarcity’s Consequences

Peak NNR: Scarcity: Humanity’s Last Chapter : A Comprehensive Analysis of Nonrenewable Natural Resource (NNR) Scarcity’s Consequences

Chris Clugston | Wake Up Amerika

SCARCITY: HUMANITY’S LAST CHAPTER: PEAK NON-RENEWABLE RESOURCES:

Scarcity: Humanity’s Last Chapter : A Comprehensive Analysis of Nonrenewable Natural Resource (NNR) Scarcity’s Consequences, by Chris Clugston:

Natural Resources and Human Evolution:

During the past 2+ million years, humanity—Homo sapiens and our hominid predecessors—evolved through three major lifestyle paradigms: hunter-gatherer, agrarian, and industrial.

Each of the three paradigms is readily distinguishable from the other two in terms of its worldview, natural resource utilization behavior, and resulting level of societal wellbeing—i.e., attainable population levels and material living standards.

Peak Oil & Peak Non-Renewable Resources = End of Economic Growth; Ecological Sustainability = (A) Urgent Population & Consumption Reduction

(I) Peak Oil & Peak Non-Renewable Resources = End of Economic Growth (II) Sustainable Economic Growth is an Oxymoron; (III) Ecological Sustainability = (A) Urgent Population & Consumption Reduction, (B) Political Secession & Economic Relocalisation

“If each human family were dependent only on its own resources; if the children of improvident parents starved to death; if thus, over breeding brought its own "punishment" to the germ line -- then there would be no public interest in controlling the breeding of families. But our society is deeply committed to the welfare state, and hence is confronted with the tragedy of the commons.” -- Tragedy of the Commons, Garret Hardin; Armigideon Knights

“In this riddle, the lily pond has a potentially virulent lily that apparently will double in size each day. If the lily grows unchecked it will cover the entire pond in 30 days, choking off all other forms of life in the water by the time it covers the entire pond. If a skeptic waited until 50% of the pond was covered before taking any remedial action to save the pond, when would he act? The answer: on the 29th day of the month! But by then, it would be too late.” - Kaffir Lily Riddle

“The composition of the Greens seems to be the same as that of the population in general — mainly pieces of drifting wood, people who never think.” -- Pentti Linkola

“What to do, when a ship carrying a hundred passengers suddenly capsizes and there is only one lifeboat? When the lifeboat is full, those who hate life will try to load it with more people and sink the lot. Those who love and respect life will take the ship's axe and sever the extra hands that cling to the sides.” -- Pentti Linkola

“The economists all think that if you show up at the cashier's cage with enough currency, God will put more oil in ground.” - Kenneth S. Deffeyes, Geologist

ENERGY: FOUNDATION OF ECONOMIC GROWTH

Energy Production & Gross Domestic Product (GDP)



Energy and Economic Growth, by David I. Stern, Department of Economics, Rensselaer Polytechnic Institute:

This article surveys the relation between energy and economic growth and more generally the role of energy in economic production. While business and financial economists pay significant attention to the impact of oil and other energy prices on economic activity, the mainstream theory of economic growth pays little or no attention to the role of energy or other natural resources in promoting or enabling economic growth. Resource and ecological economists have criticised this theory on a number of grounds, especially the implications of thermodynamics for economic production and the long-term prospects of the economy. While a fully worked out alternative model of the growth process does not seem to exist, extensive empirical work has examined the role of energy in the growth process. The principal finding is that energy used per unit of economic output has declined, but that this is to a large extent due to a shift in energy use from direct use of fossil fuels such as coal to the use of higher quality fuels, and especially electricity. When this shift in the composition of final energy use is taken into account energy use and the level of economic activity are found to be tightly coupled. When these and other trends are taken into account the prospects for further large reductions in the energy intensity of economic activity seem limited. The implications for environmental quality and economic sustainability are discussed.