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Tag Archives: economy
How Do You Unmanipulate a Manipulated Economy?
How Do You Unmanipulate a Manipulated Economy? Breaking the stranglehold of vested interests is the essential step to rebuilding an economy that isn’t totally dependent on manipulated money and statistics. The word manipulated has the sour taste of officially sanctioned distortion in service of an Elite’s interests. At a minimum, manipulation smacks of intent to defraud. If there is no intent […]
Fossil Fuel Use is Limited by Climate, if Not by Resources.
Fossil Fuel Use is Limited by Climate, if Not by Resources. We appear to be living in rather peculiar and unsettling times. A year ago, discussions and fears were over the high oil price, which until September 2014, had been above $100 a barrel http://uk.reuters.com/article/2014/09/09/markets-oil-idUKL3N0RA1L220140909. The price rose to $115 in June 2014, but has subsequently […]
Catch – 22
Catch – 22 So much of education, I think, relies on reading the right book at the right time. My first attempt atCatch-22 was in high school, and I was way too young to get much out of it. But fortunately I picked it up again in my late 20’s, after a few experiences with The […]
Bubbles Always Pop—–And This One Will Be A Doozy
Bubbles Always Pop—–And This One Will Be A Doozy Pumping All Out The Dow rose 323 points on Thursday, or 1.8%. People come to think what they must think when they must think it. But what do they think now? Why do they think stocks are so valuable? Apparently, they believe that Janet Yellen, Mario […]
Boom Goes The Dynamite: The Crashing Price Of Oil Is Going To Rip The Global Economy To Shreds
Boom Goes The Dynamite: The Crashing Price Of Oil Is Going To Rip The Global Economy To Shreds If you were waiting for a “black swan event” to come along and devastate the global economy, you don’t have to wait any longer. As I write this, the price of U.S. oil is sitting at $45.76 […]
Japan readies record $800 billion 2015-16 budget: sources
Japan readies record $800 billion 2015-16 budget: sources (Reuters) – Japan’s government will propose a record budget for next fiscal year of more than $800 billion but cut borrowing for a third year, government officials said on Sunday, as Prime Minister Shinzo Abe seeks to maintain growth while curbing the heaviest debt burden in the […]
Oil Losses Force Norway to Consider Measures to Back Economy
Oil Losses Force Norway to Consider Measures to Back Economy Norway is considering tapping reserve funds to shield westernEurope’s biggest oil producer from the worst slump in crude prices in more than half a decade. Prime Minister Erna Solberg said the government is now “on alert” to respond to the rout. “If the economic situation requires […]
Cuba is Using Cooperatives to Decentralize its Economy
Cuba is Using Cooperatives to Decentralize its Economy With the recent announcement that the US will normalize relations with Cuba, change is in the air for the island country. Just a few years before this, Cuba began shifting its economy from state-controlled enterprises to citizen-controlled cooperatives. Worker cooperatives are nothing new in Cuba. Agricultural coops, which are responsible […]
Oil and the Economy: Where are We Headed in 2015-16?
Oil and the Economy: Where are We Headed in 2015-16? The price of oil is down. How should we expect the economy to perform in 2015 and 2016? Newspapers in the United States seem to emphasize the positive aspects of the drop in prices. I have written Ten Reasons Why High Oil Prices are a Problem. If […]
Interest rate hike: Why the Bank of Canada may hold off
Interest rate hike: Why the Bank of Canada may hold off Analysts have predicted this will be the year that the Bank of Canada raises its benchmark interest rate. And it could very well be the year it does. Unless of course, it doesn’t. “I think it’s a stretch,” says Derek Holt, vice-president of Scotiabank Economics. “I […]
11 Predictions Of Economic Disaster In 2015 From Top Experts All Over The Globe
11 Predictions Of Economic Disaster In 2015 From Top Experts All Over The Globe Will 2015 be a year of financial crashes, economic chaos and the start of the next great worldwide depression? Over the past couple of years, we have all watched as global financial bubbles have gotten larger and larger. Despite predictions that […]
What Macau Just Said About China’s Economy | Wolf Street.
What Macau Just Said About China’s Economy | Wolf Street. Few economic phenomena compare to the soaring gambling revenues in Macau since it opened up to foreign casino operators in 2001. In 2002, Macau blew past Las Vegas. It’s the only place in China where the Chinese can go and legally gamble away their money, […]
The American People Are Utterly Clueless About What Is Going To Happen As We Enter 2015
The American People Are Utterly Clueless About What Is Going To Happen As We Enter 2015. The American people are feeling really good right about now. For example, Gallup’s economic confidence index has hit the highest level that we have seen since the last recession. In addition, nearly half of all Americans believe that 2015 will be a better […]
Canada’s GDP Stronger Than Expected In October .. Before Oil Prices Collapsed
Canada’s GDP Stronger Than Expected In October .. Before Oil Prices Collapsed. OTTAWA — Canada’s gross domestic product rose by an unexpectedly strong 0.3 per cent in October, which led several economists to consider revising their estimates for the final quarter of 2014 — although they also warned that they’re less bullish about 2015 due […]
