Nice to see someone following-up on that IEA whistleblower’s warning about a looming crude oil shortage.
From Terry Macalister of The Guardian (UK) yesterday:
Sir Richard Branson and fellow leading businessmen will warn ministers this week that the world is running out of oil and faces an oil crunch...
Posted to
Economics
on 02-08-2010
Filed under: Financial markets, Recession, Economy, Energy, Commodities, crude oil, Oil, crude oil crunch, International Energy Agency, oil crunch, peak oil, IEA, Richard Branson, crude oil price spike, Virgin Group, IEA whistleblower, Saudi Arabia, oil price spike, crude oil price, Virgin, oil price
“The basis of optimism is sheer terror.”
-Oscar Wilde (Irish poet, novelist, dramatist, and critic. 1854-1900)
The Pollyannas are back in town. From the Wall Street Journal last weekend:
What are we smoking, and when will we stop?
A nationwide survey last year found that investors expect the U.S. stock...
Posted to
Economics
on 01-22-2010
Filed under: Financial markets, Retirement, Stocks, stock market, Wall Street, Advisers, investors, pollyannas, stock returns, financial planners, financial advisers, net-net-net
As the following video from the New York Stock Exchange yesterday morning demonstrates, it appears sinister forces are indeed behind the U.S. financial markets… “Darth Vader Opens Wall Street”
YouTube Video Link
Posted to
Economics
on 12-24-2009
Filed under: Financial markets, Wall Street, New York Stock Exchange, NYSE, Humor, Darth Vader, stormtroopers, Star Wars
“Hope and change, unemployment improves to 10 percent “
-Examiner.com
“Job numbers give hope”
-WHEC-TV NBC News10 (Rochester, NY)
“Unexpected drop in jobless rate sparks optimism”
-Associated Press
From Bloomberg’s Hans Nichols this morning:
President Barack Obama said the U.S. economy still has a “long...
Posted to
Economics
on 12-04-2009
Filed under: Financial markets, Obama Administration, U.S. Government, Economy, Employment, stimulus, Unemployment, jobless rate, Stimulus Package, unemployment rate, Barack Obama, economic recovery, President Obama, government stimulus