Posts Tagged ‘ cheap oil ’

Easthampton Burning?

Oct 30th, 2008 | By James Howard Kunstler | Category: Oil
In the typhoon of commentary that’s blown around the world a step behind the financial tsunami that’s wrecking everything, two little words have been curiously absent: “fraud” and “swindle.” But aren’t they really at the core of what has happened? Wall Street took the whole world “for a ride” and ...read more

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Peak Oil and Inflation

Jun 16th, 2008 | By Byron King | Category: Currencies, Gold, Oil
Oil has become the “anti-dollar” of modern times. Oil is now serving as the source of global monetary discipline that gold used to perform. Oil is the energy life-blood of all modern economies. So when a nation debauches its currency, the oil markets react instantly. And oil will not accept monetary ...read more

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