peak oil

There Is Another Shoe To Drop In The Global Economic and Financial Crisis - And The Focus Will Be On Europe’s Perifery | Edward Hugh A number of countries in Eastern Europe immediately come to mind - not only the Baltics, but also Russia,…

This latest monthly missive is on dwindling energy supplies – known as Peak Oil, something Edward has talked about before. The parabolic rise and collapse in oil prices we saw last year was not just about speculation, it was about peak…

I am actually on holiday in Canada for the next two weeks. So posting is apt to be light.  I apologize if I don’t respond diligently to e-mails. I am looking forward to this because the weather here (Simcoe County, Ontario) is amazing…

No Longer Alone, Ron Paul Fights the Fed - Real Time Economics - WSJ Paul's bill to audit Fed has 274 co-sponsors. Some bailout firms up lobbying spending in 2Q - Yahoo! Finance Increased lobbying plus climb in shares equals no…

I want to use this holiday weekend to fill in some gaps on major issues because I think we are at a key turning point. Because the economy has left the freefall stage and I have been more positive, I have been getting the feeling that I am…

I have been making bullish noises of late, but I am fully cognizant of all the downside risks.  So for the sake of presenting both sides to this argument, I want to highlight the ‘dark’ side in this post based on a book I have just read.…

Raghuram Rajan Speaks at 2009 Homer Jones Lecture - St. Louis Fed Financial institutions considered "too big to fail" could be asked to develop a bankruptcy contingency plan that would lay out how they would resolve themselves quickly.…

Commerzbank reveals toxic assets - BBC News Obviously, there are more writedowns to come. What does this say about what's on Deutsche's books? or UBS? MGM Mirage’s City Center Hires Bankruptcy Counsel - Deal Book Fear and Greed -…

This is the time of year when everyone tends to look back and sum up the year in one way or another. I have been doing much of the same. In keeping with that theme, I have taken a good look through my nearly 1400 posts to get a better…

In July, I made my ten predictions for the markets and global economy for the rest of the year. Some of my predictions were pretty pedestrians, and some were fairly bold. Let's take a look and see how I'm doing.Here's what I originally…