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Could The World Really Run Out Of Oil?
Could The World Really Run Out Of Oil? Stop staring at your gains from the energy stocks for a second here. Take a seat in a nice quiet place and ask yourself this one really simple question: if oil demand continues to grow at ~1 million b/d for the next 8-10 years, where is the […]
War Drums Are Beating
War Drums Are Beating A RISK NOT DISCUSSED It was around 2017 when I began seeing the ridiculous climate hysteria being pushed not just by dreadlocked physics deniers chaining themselves to trees but at an institutional level. This, I thought to myself, was something very, very dangerous and which — if taken to any greater […]
When Trust Evaporates
When Trust Evaporates I thought I’d compare the current Wuhan zombie apocalypse bat virus to that of SARS and see what is similar this time around…and what is not. Now, I’m not going to get into which virus wins the “I killed more faster”, (thus far, it was SARS with a fatality rate of 9.6% […]
Good Times…
Good Times… My son wanted to know why it is that Venezuela (a topic that gets discussed around the dinner table at home) chose such painfully, obviously asinine policies. After much thought I explained it thus. Hard times create strong men. Strong men create good times. Good times create weak men. Weak men create hard […]
It’s Coming… Resource Nationalism
It’s Coming… Resource Nationalism Early 2012 Argentina’s oil industry was controlled by Repsol, the Spanish energy giant, through YPF, its local subsidiary. By the end of the year, this was no longer the case. By then President Cristina Fernandez Kirchner’s leftist government had nationalised the oil sector, stealing YPF with the stroke of a pen. […]
The Biggest Monetary Experiments In History: Part 2
The Biggest Monetary Experiments In History: Part 2 In part one we discussed the troubling issues in Europe (in case you missed it, you can read it here). Today… Japan The story of Japan is really a story that begins with globalisation. According to the Oxford Dictionary, globalisation is described as: “The process by which […]
The Biggest Monetary Experiments in History: Part 1
The Biggest Monetary Experiments in History: Part 1 … and all at the same time. Last week was a humdinger. Three things happened: One Firstly, our pasta-eating friends, after having experienced firsthand a blizzard of accelerating violent crime… and watching their previously gentrified neighbourhoods reconfigured into ghettos resembling the Maghreb, decided enough was enough and said […]
One Word: Contagion
One Word: Contagion Terrible news, I’m afraid. The trainwreck that is Italian politics has always been a hoot to watch. But this time around the implications to what happens in Rome are, as Trump would say, yuuuge. You’ve probably seen the news-flow out of Europe. Tasked with finding a suitable candidate to head a coalition […]
Lie-Bor: Pitchforkers Rejoice
Lie-Bor: Pitchforkers Rejoice There’s a bit of a hullabaloo going on at the moment about LIBOR. And in truth, it is a pretty big deal. Yes, even bigger than whether or not Stormy Daniels got jiggetty with an old guy wearing a wig. And get this… even bigger than Kanye’s man-love for the same guy. What […]
Mr Creosote is Full
Mr Creosote is Full Maitre D’: “And finally, monsieur, a wafer-thin mint.” Mr Creosote: “No.” Maitre D’: “Oh, sir! It’s only a tiny little thin one.” Mr Creosote: “No. F**k off. I’m full…” [Belches] Maitre D’: “Oh, sir… it’s only wafer thin.” Mr Creosote: “Look – I couldn’t eat another thing. I’m absolutely stuffed. Bugger off.” Maitre D’: “Oh, sir, just… just […]
How Heavy Is This?
How Heavy Is This? Here is a glass of water. You’re holding it. How heavy is it? The answer is: the actual weight probably doesn’t matter. It’s just a glass of water. What matters is how long you hold it. Hold it for a minute, it’s no problem. An hour and your arm will ache. A day […]
World Out Of Whack: Iceland, You Won’t Believe It
World Out Of Whack: Iceland, You Won’t Believe It The developed world is going to hell and probably deserves it. Today, I’m going to show you what should have been done both during and post the GFC. That it wasn’t, and now almost certainly won’t, is a problem for us all but that’s a story for another […]
How The Masses Deal With Risk (And Why They Remain Poor)
How The Masses Deal With Risk (And Why They Remain Poor) Last week I discussed how humans are wired to pay attention to scary things.In financial speak: risk. Darwinism has chastised those who ignore risk by rewarding them with an early grave, and by process of elimination rewarded those who stay out of the cross hairs. […]
Mede-Jean, Not Medellin
Mede-Jean, Not Medellin Driving the back streets of Medellin a few weeks ago I found it interesting to see the various little pockets to the city. In the poor parts of town I noticed on a couple of occasions taxi drives running their vehicles on empty. I’ve seen this before in countries where there is […]