Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Well, I was thinking of a very simplified model where the surplus of the summer months (the "boom") is saved to "finance" the "deficits" of the winter "bust".

It's not a perfect analogy, but it is first and foremost meant to be pedagogic and super-simple.

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid on Mon Jul 7th, 2014 at 02:22:16 PM EST
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