Peak Oil and Peak Credit do not exist in a vacuum; they’re why we have Peak GDP, Peak Dow and Peak Income.
You don’t get Peak Oil and cheap abundance in everything else: you get Peak X, Y and Z, for example Peak Oil, Peak Dow and Peak GDP. Peaks …
Peak Oil and Peak Credit do not exist in a vacuum; they’re why we have Peak GDP, Peak Dow and Peak Income.
You don’t get Peak Oil and cheap abundance in everything else: you get Peak X, Y and Z, for example Peak Oil, Peak Dow and Peak GDP. Peaks …
For a few decades now, the Communist Party in China has had an implicit social and political contract with the Chinese populous for decades, which goes something like:
“We will deliver economic growth and improvements in your material living sta…
some excerpts from his Feb 2011 newsletter:
When a heavily indebted nation pursues the ZLB to avoid painful restructuring within its debt markets (household, corporate, and/or government debt), the ZLB facilitates a pursuit of aggressive Keynesianism…
Investors should realize how irrational this all is. The United States is in a radical money-easing environment, in which the Fed is keeping interest rates artificially low while pumping money into the economy. This type of policy breeds speculative…
The Treasury Borrowing Advisory Committee (TBAC) released its quarterly advice to the Treasury yesterday. This is public domain stuff, and since I haven’t heard much…