Running Civilization in Reverse

(pinning Putin has deleveraged Europe’s economy)
 
   
     
   
For anyone looking to feel small and insignificant, check out the Kardashev scale. 

This theoretical slide rule developed in the 60s by a Soviet astronomer gives us a way to rank civilization. And to remind us of our cosmic irrelevance, on a scale from 0 to 3, we’re not even a 1. 

To grasp that first rung, we need to harness every watt of power the sun sends our way. We’re about half-way there in terms of energy use. And Michio Kaku (a famous physicist – you’d recognize him if you saw him) thinks it should take another 100 years or so to reach. 

A level 3 civilization harnesses energy on a galactic scale. And in such a reality, our mighty sun would amount to nothing more than a personal battery. 

The scale uses energy to rank civilization because energy makes civilization possible. More energy captured means more work to support more civilization. To prove that fact to yourself go outside and dig a hole 10’ in diameter and 6’ deep then see how much time, energy, or motivation you have left to do your actual job or plan the future. 

Energy leverages economic activity. 

And, in Europe, we’re seeing what happens when you start removing energy from the economy. 

Removing 100X Leverage

Every gallon of gasoline translates to 450 hours of work. Supply that energy to 100’s of millions of people – whether pulled from oil, natural gas, nuclear, solar, etc. – and astounding levels of activity become possible. 

One report I ran across this week claimed that, in Germany alone, $20 billion in natural gas supports $2 trillion worth of work. 

That’s 100x leverage. And when Putin turned off the natural gas taps to Europe, he pulled the rug out from under massive swaths of Europe’s economy.
 
   
Signature Don Yocham
 
Don Yocham
PS> The Daily Pick gives you a way to play the global systemic chaos we're seeing now.
   
 

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