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The Oil Price Crash of 2014 Post Carbon Institute

The Oil Price Crash of 2014 Post Carbon Institute. Oil prices have fallen by half since late June. This is a significant development for the oil industry and for the global economy, though no one knows exactly how either the industry or the economy will respond in the long run. Since it’s almost the end […]

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Rouble collapse will be felt globally – Al Jazeera Blogs

Rouble collapse will be felt globally – Al Jazeera Blogs. The Central Bank, trying as it was to catch a falling knife, had very little choice but to ramp up interest rates on Tuesday. It’s attempt to stop the Rouble’s rapid descent, however, failed miserably. The currency has lost more than 50 percent of its […]

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IMF Now Ready To Slam The Door On The U.S. And The Dollar

IMF Now Ready To Slam The Door On The U.S. And The Dollar. As I write this, the news is saturated with stories of a hostage situation possibly involving Islamic militants in Sydney, Australia. Like many, I am concerned about the shockwave such an event will create through our sociopolitical structures. However, while most of […]

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Even The BIS Is Shocked At How Broken Markets Have Become | Zero Hedge

Even The BIS Is Shocked At How Broken Markets Have Become | Zero Hedge. Not a quarter passes without the Bank of International Settlements (BIS) aka central banks’ central bank (also the locus of some of the most aggressive manipulation of gold and FX in human history) reiterating a dire warning about the fire and brimstone […]

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Oil And The Global Slowdown | Peak Prosperity

Oil And The Global Slowdown | Peak Prosperity. The world economy is slowing down and the authorities are fretting. Japan, Italy, and Greece are all in recession. China is slowing down according to official statistics, and even more according to whispered accounts. Germany, France and the Netherlands are all at stall speed. According to the […]

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Global Business Outlook: “Darkest Picture since Financial Crisis.” US Deterioration “of Greatest Concern” | Wolf Street

Global Business Outlook: “Darkest Picture since Financial Crisis.” US Deterioration “of Greatest Concern” | Wolf Street. The plunging price of oil since June has been a leading indicator: global economic growth is in trouble, despite six years of unprecedented central-bank free-money policies that caused asset prices to soar but has accomplished little else. This scenario […]

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Buy the All Time High | KUNSTLER

Buy the All Time High | KUNSTLER. Wall Street is only one of several financial roach motels in what has become a giant slum of a global economy. Notional “money” scuttles in for safety and nourishment, but may never get out alive. Tom Friedman of The New York Times really put one over on the soft-headed American […]

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Fed focused on sunny side, downplayed global woes in October | Reuters

Fed focused on sunny side, downplayed global woes in October | Reuters. (Reuters) – The U.S. Federal Reserve wrestled with whether to nod to financial market volatility and a weakening globaleconomy in its policy statement last month, but opted not to out of worry it could send an unwarranted signal of pessimism. Minutes of the U.S. […]

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It’s Official: Party Now, Apocalypse Later | Wolf Street

It’s Official: Party Now, Apocalypse Later | Wolf Street. The signs are everywhere, after years of central-bank collusion to douse the world with free money: historically low yields even on the riskiest cov-lite junk bonds; corporate profit margins at the upper extreme of the range; record valuations of stocks and other assets…. Heck, even startups: […]

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We Have Just Witnessed The Last Gasp Of The Global Economy

We Have Just Witnessed The Last Gasp Of The Global Economy. It is difficult to find the motivation to write about the state of the global economy these days, if only because there is not much left to say. I feel like I am composing multiple obituaries for the same long dead corpse. Most of […]

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Peak Oil Review – Oct 27

Peak Oil Review – Oct 27. New York futures continued to slide last week closing Friday at $81.01 for the fifth weekly loss. London oil traded quietly around $86 a barrel to finish out the week at $86.13, also down for the fifth consecutive week. There has been no change in the markets’ perception that there is […]

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Oxford Real Farming Conference: power, lies, and the need for agrarian resistance | openDemocracy

Oxford Real Farming Conference: power, lies, and the need for agrarian resistance | openDemocracy. thecommunityfarm.co.uk The sad state of Britain’s dairying has the same root cause as the billion worldwide who are undernourished, the billion who are overweight and/or diabetic or in danger of heart disease, global warming, the mass extinction of our fellow creatures: […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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