By the SRSrocco Report,

The world is heading towards a rapid disintegration of its economic and financial system due to a “Thermodynamic oil collapse.”  I spoke with Dr. Louis Arnoux of nGeni, about the details of the thermodynamics of oil depletion and its impact on the global economy.

Unfortunately, the world is completely in the dark about this energy information and its dire implications to global economic trade and finance, in a relatively short period of time.  During the interview, Louis Arnoux discusses the dynamics of the “Thermodynamic oil decline” using six slides, including one on his nGeni technology towards the end of the interview.  The information in this interview is so important, Louis needed to take the extra time to explain these concepts in detail.

In the beginning of the interview, Louis describes the significance of the first chart showing how the world’s fuel gauge is now “Running On Empty.”

Dr. Louis Arnoux presents his views concerning the depletion of oil reserves, that is, how to best assess depletion, what stage the depletion is at and what this means in financial and economic terms. This is based on his own research and on that of Bedford Hill and his Hill’s Group team that he has scrutinised in depth. Dr Arnoux is now part of a team of researchers who have recently refined the Hill’s Group work.

They are presently preparing a paper to be published in a peer reviewed scientific journal that will present their thermodynamic analysis of the oil industry, the Hill’s Group Etp model, how this model enables assessing the depletion status of the global oil reserves, and the high fit of their analysis with empirical data. In the present interview Dr Arnoux is not at liberty to discuss this work as it is not published yet. Instead he explains in lay terms the general dynamics of depletion and focuses on the economic and financial implications for the globalised industrial world of the advanced depletion status of oil reserves.

In addition, Louis also provides a chart during the interview showing just how disconnected the financial markets are compared to the reality… or the real physical economy.  He developed this chart to show how inflated the U.S. GDP (Gross Domestic Product) is compared to gold and oil:…More Here