Fed’s Near-Zero Rates Might Sound Good (Until This Happens)
Fed’s Near-Zero Rates Might Sound Good (Until This Happens) In some cases, the idea of a “near-zero interest rate” is a good thing. For example, if you qualify for 0% interest when you buy a car, you save money. But it’s much different when your retirement savings depends on getting a return on investment (ROI). In that case, near-zero […]
Global Warming Could Stop Relatively Quickly If Emissions Go to Zero, Research Suggests
Global Warming Could Stop Relatively Quickly If Emissions Go to Zero, Research Suggests A firefighter keeps watch as flames advance along the Western Divide Highway during the SQF Complex Fire on Sept. 14, 2020, near Camp Nelson, California. (David McNew/Getty Images) Parts of the world economy may have been on pause during 2020, dampening greenhouse […]
Shell says its oil production has peaked and will fall every year
Shell says its oil production has peaked and will fall every year Royal Dutch Shell (RDSA) said its oil production and carbon emissions have peaked as it detailed plans to gradually wean itself off fossil fuels. Climate activists said it hadn’t gone far enough. The Anglo-Dutch company said in a statement on Thursday that it expects its oil production to decline by […]
The Dystopian Bubble: George Orwell Meets Charles Mackay
The Dystopian Bubble: George Orwell Meets Charles Mackay “Threats to freedom of speech, writing, and action, though often trivial in isolation, are cumulative in their effect and, unless checked, lead to a general disrespect for the rights of the citizen.” ~ George Orwell In early December I asked Jim Grant how to reconcile exuberant financial […]
Dollar’s Purchasing Power Drops to Record Low, Despite Aggressive “Hedonic Quality Adjustments”
Dollar’s Purchasing Power Drops to Record Low, Despite Aggressive “Hedonic Quality Adjustments” Spiking prices for new and used vehicles under the microscope. The “Purchasing Power of the Consumer Dollar” – part of the Bureau of Labor Statistics’ Consumer Price Index data released today – is the politically incorrect mirror image of inflation in consumer prices, as […]
The Only Way Out of the Death Trap
The Only Way Out of the Death Trap I’ve said the U.S. is caught in a debt death trap. Monetary policy won’t get us out because the velocity of money, the rate at which money changes hands, is dropping. Printing more money alone will not change that. Fiscal policy won’t work either because of high […]
Oil Major Total Sees 10 Million Bpd Supply Gap In 2025
Oil Major Total Sees 10 Million Bpd Supply Gap In 2025 France’s supermajor Total is warning that the world could find itself with a shortfall of supply of 10 million barrels per day (bpd) between now and 2025, due to continued underinvestment in the industry, the OPEC+ pact, and cracks in the U.S. shale business […]
Here’s Why a Bicycle Might the Ultimate SHTF Transportation
Here’s Why a Bicycle Might the Ultimate SHTF Transportation Have you thought about how you’ll get around in the event that hopping in your car and driving someplace isn’t an option? Transportation and mobility are extremely important factors in preparedness. Mobility can vary significantly during SHTF versus normal times. But it remains equally essential to […]
The Degrowth platform of the CUP for Catalonia
The Degrowth platform of the CUP for Catalonia (Adapted from a previous version in Galician published at El Salto. Translated and adapted by Mark Burton and Salvador Lladó.)“By speaking of degrowth, you don’t win elections”, said Juan Carlos Monedero, one of the most charismatic members of the Spanish political party Podemos, a few years ago. But […]
Comparing Organic, Agroecological and Regenerative Farming part 1 – Organic
Comparing Organic, Agroecological and Regenerative Farming part 1 – Organic In this new three part series we present an analysis by Dr. Andrea Beste on the similarities, differences and synergies between the organic, agroecological and regenerative farming movements. Part one here outlines the history and current status of the organic movement. A German version of […]
Rabobank: The Everything Bubble Has Become More Everything And More Bubble
Rabobank: The Everything Bubble Has Become More Everything And More Bubble Oh-No-Bi-Wan Kenobi For those who haven’t seen it –and I accept there are now probably many readers who haven’t– there is a classic scene in the first Star Wars film (Episode IV) in which Jedi Master Obi-Wan Kenobi tells his villainous duelling opponent, his […]
With 10-Point Declaration, Global Coalition of Top Energy Experts Says: ‘100% Renewables Is Possible’
With 10-Point Declaration, Global Coalition of Top Energy Experts Says: ‘100% Renewables Is Possible’ “The solutions will not only save consumers money, but also create jobs and provide energy and more international security, while substantially reducing air pollution and climate damage from energy.” “A world based on 100% renewable energy is possible, and we are […]
