Geopolitical implications of the current economic downturn

Summary:  How will this recession end?  My guess:  with re-balancing of the global economy and a decline of the US dollar so that the our goods and services are again competitive.  No more trade deficit, we can pay our debts, and there will be no serious outflow of jobs. There are several schools of economic thinking about … Continue reading Geopolitical implications of the current economic downturn

More good news about Peak Oil, on the demand side

Many in the Peak Oil community have trumpeted the rise of oil prices from their 1990's average of aprox $20 (measured by West Texas Intermediate, aka WTI). For example, note these posts at The Old Drum: The Bet Oil Price Touches $100 a Barrel; Signal of Pending Oil Shortages Ignored Holding Daniel Yergin and CERA … Continue reading More good news about Peak Oil, on the demand side