The divergence between GDP and energy consumption started back in 1980 and could be explained - for a while, anyway - by efficiency and conservation gains. But from 2000 to 2006 energy consumption suggests a real US economy that has gone flat: total energy use in 2006 was virtually unchanged from 2000, while real GDP was reported as rising +15%. Cheap imports?
And surely the 42% increase in real debt since 2000 had something to do with it?
I'll leave it at that, so you can all reach your own conclusions. Have a very pleasant weekend.
I realized that today marks exactly one year since I started tracking how many people visit Sudden Debt. In that one year there have been 375,000 unique visits and 495,000 page loads - and they started from a daily count of almost zero. Many thanks to all who come here - I hope you find the experience worthwhile. And since I can't really do without charts...