Turning The Wealth Pyramid Upside Down
Turning The Wealth Pyramid Upside Down When we look at upside down wealth pyramid at the left, I have a big problem with the picture it promotes. It is clearly based on someone’s opinion of what investments are safe. The one thing it does well is to scream that some investments have a high degree […]
Ukraine and the Next Wave of Inflation, Part I
Ukraine and the Next Wave of Inflation, Part I Inflation from Useless Ingredients The cause of rising prices is not always monetary. Before Covid, we wrote a lot about mandatory useless ingredients. This is when regulators and taxinators force producers to add things to their products, which buyers do not care about (and often do not know […]
A Global Monetary & Commodity Inferno of Nuclear Proportions
A GLOBAL MONETARY & COMMODITY INFERNO OF NUCLEAR PROPORTIONS When the sh-t hits the global fan, it often does it at the optimal time for the maximum amount of damage and with the worst kind of sh-t to soil the world. For years I have been clear that the world is reaching the end of […]
This War Marks the End of Cheap Resources
This War Marks the End of Cheap Resources Image credit: Miguel Bruna via Unsplash It’s time to bust some myths. Ones, like “we have all the natural resources we want” and “we live in an a world of abundance”. Or if something does become unavailable, then surely a replacement will come online and magically scale up […]
Loss of Russian Oil Leaves a Void Not Easily Filled, Straining Market
Loss of Russian Oil Leaves a Void Not Easily Filled, Straining Market Global production will take time to ramp up, so the U.S. and other buyers will chase limited supplies, creating upheaval unseen in decades. A Rosneft refinery. Russia is the world’s No. 3 oil producer, after the United States and Saudi Arabia.Credit…Andrey Rudakov/Bloomberg HOUSTON […]
America’s Emerging Energy Crisis
America’s Emerging Energy Crisis The warning signs are everywhere. We are stumbling toward an energy crisis that is likely to be far more severe and long-lasting than the upheavals of the 1970s. And no, this isn’t about Russia or Ukraine. This is about the perilous state of the U.S. electricity grid. If action isn’t taken soon to […]
The Revolt of the Imagination, Part Three: Co-Creating the Future
The Revolt of the Imagination, Part Three: Co-Creating the Future As I write these words, the Russo-Ukrainian war has raged for a week. To a great many people, crises like these make the theme of my recent posts here—the potential of the human imagination—seem wholly irrelevant. That’s a common mistake, but it’s still a mistake. […]
A Bomb Cyclone Could Wallop Northeast With Heavy Snow
A Bomb Cyclone Could Wallop Northeast With Heavy Snow Despite the unseasonably warm temperatures in the eastern US earlier this week, winter isn’t over with eleven days left in the season. AccuWeather forecasters warn a potential ‘bomb cyclone’ could unleash accumulating snowfall from the central Appalachians to the interior Northeast on Friday through Saturday. “Confidence is growing for a significant storm that […]
The American Empire Self-Destructs, But Nobody Thought That It Would Happen This Fast
The American Empire Self-Destructs, But Nobody Thought That It Would Happen This Fast Photograph Source: Phil Dolby – CC BY 2.0 Empires often follow the course of a Greek tragedy, bringing about precisely the fate that they sought to avoid. That certainly is the case with the American Empire as it dismantles itself in not-so-slow motion. […]
The Inflation Blame Game
The Inflation Blame Game Now inflation is Russia’s fault. Or is it greedy businesses pushing up prices? Maybe a combination of the two. It seems that government officials and central bankers are looking everywhere for a place to pin the blame for inflation except the one place they need to look — in the mirror. […]
The Revolt of the Imagination, Part Three: Co-Creating the Future
The Revolt of the Imagination, Part Three: Co-Creating the Future As I write these words, the Russo-Ukrainian war has raged for a week. To a great many people, crises like these make the theme of my recent posts here—the potential of the human imagination—seem wholly irrelevant. That’s a common mistake, but it’s still a mistake. […]
#223. Trading with the (common) enemy
#223. Trading with the (common) enemy THE SHARED CONSEQUENCES OF RESOURCE CONSTRAINTThe tragedy unfolding in Ukraine, as well as being horrific in itself, has brought us face-to-face with a brutal fact whose reality we’ve always, hitherto, managed to ignore. This fact is that the world has become accustomed to a standard of living that its energy resources […]
Crude Oil WTI Futures Go Bananas, Briefly Spike to $130: And this Is What’s Happening at my Gas Station
Crude Oil WTI Futures Go Bananas, Briefly Spike to $130: And this Is What’s Happening at my Gas Station Speculators are reacting to other speculators who are reacting to whatever. Sunday night, crude oil WTI futures, as soon as trading started, spiked to $130.50 a barrel, the highest since July 2008. Maybe it was just […]
How To Prepare For and Prevent Cyberattacks
How To Prepare For and Prevent Cyberattacks The United States Cybersecurity & Infrastructure Security Agency has issued an unusual warning to businesses due to the concerns occurring from the Russia/Ukrainian conflict. “Every organization—large and small—must be prepared to respond to disruptive cyber activity,” the agency says in its warning. The United States Cybersecurity & Infrastructure […]
Thirteen Days of the Cuban Missile Crisis
Thirteen Days of the Cuban Missile Crisis Why Putin Invaded Ukraine – and what’s really going on 1) Truth is the First Casualty of War. And War is Permanent Truth is the first casualty of war, and the Ukraine conflict has been no exception. Online commentary has kept up where corporatist media has failed. Leaving […]
