Posts Tagged ‘
credit ’
Nov 11th, 2009 |
By James Howard Kunstler |
Category: Economics, Featured
In The Long Emergency (2005, Atlantic Monthly Press), I said that we ought to expect the federal government to become increasingly impotent and ineffectual - that this would be a hallmark of the times. In fact, I said that any enterprise organized at the colossal scale would function poorly in ...
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Tags: credit, Energy, government, reality
Posted in Economics, Featured |
21 comments
Sep 23rd, 2009 |
By Dan Amoss |
Category: Featured, Macro Economics
The FDIC is considering tapping its emergency line of credit with the Treasury. FDIC Chair Sheila Bair recently hinted after a speech at Georgetown University that all options are on the table when it comes time to replenish the dwindling Deposit Insurance Fund. We’ll find out more in the next ...
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Tags: credit, GDP, government
Posted in Featured, Macro Economics |
15 comments
Jul 7th, 2009 |
By Dan Denning |
Category: Featured, Gold, Macro Economics
Some Fridays are better than others. This last one was not pretty. Like a character that refuses to die in a bad horror movie, the U.S. job market posted some shocking June numbers. It has revived the dormant nightmare that this may be a long "L" shaped recession. Or even ...
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Tags: credit, money, wealth
Posted in Featured, Gold, Macro Economics |
4 comments
Jun 9th, 2009 |
By Byron King |
Category: Featured, Gold
I’ve had some questions along the lines of “What about Company X or Company Y?” There are many mining companies out there. A few are really good. Many are mediocre -- or worse.
I could write a book on precious metals and mining -- and energy and capital formation -- which ...
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Tags: credit, Gold, gold miners, silver
Posted in Featured, Gold |
3 comments
Mar 10th, 2009 |
By James Howard Kunstler |
Category: Featured, Macro Economics
At the risk of confirming my critics' dumbest charge -- that I am a "doomer" -- the mandate of clarity requires me to ask: to what state of affairs do we expect to recover? If the answer is a return to an economy based on building ever more suburban sprawl, ...
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Tags: bank bailouts, consumer economy, credit
Posted in Featured, Macro Economics |
15 comments
Mar 3rd, 2009 |
By James Howard Kunstler |
Category: Featured, Macro Economics, Oil
What next? Isn't that a question, though...
The Peak Oil story was never about running out of oil. It was about the collapse of complex systems in a world economy faced by the prospect of no further oil-fueled growth. It was something of a shock to many that the first complex ...
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Tags: banking, credit, Peak Oil
Posted in Featured, Macro Economics, Oil |
16 comments
Feb 24th, 2009 |
By James Howard Kunstler |
Category: Featured, Macro Economics
The public perception of the ongoing fiasco in governance has moved from sheer, mute incomprehension to goggle-eyed panic as the scrims of unreality peel away revealing something like a national death-watch scene in history's intensive care unit. Is the USA in recession, depression, or collapse? People are at least beginning ...
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Tags: credit, depression, Obama
Posted in Featured, Macro Economics |
6 comments
Feb 17th, 2009 |
By Gary Gibson |
Category: Featured, Gold, Macro Economics, Politics
Credit isn’t wealth. A lot of people are discovering that the hard way. Welcome to the credit deflation prelude to hyperinflation.
During a credit deflation, things get cheaper. Without lines of credit, people can’t bid things up and prices fall to their “cash on hand” level. Given a long enough time, ...
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Tags: credit, Gold, hyperinflation, inflation
Posted in Featured, Gold, Macro Economics, Politics |
12 comments
Jan 29th, 2009 |
By James Howard Kunstler |
Category: Featured, Macro Economics, Oil
Just as Mr. Obama has danced into the oval office, we've arrived at a moment when a lot of people have a hard time imagining the future. This includes especially the mainstream media, which has reached a state of zombification parallel to that of the banks. But even in the ...
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Tags: credit, deflation, inflation
Posted in Featured, Macro Economics, Oil |
11 comments
Jan 26th, 2009 |
By Dan Denning |
Category: Featured, Oil
Why are oil prices lying?
Prices communicate information. The NYMEX February oil contract fell over 5% today in New York trading to $34.40. This suggests oil is falling in value, at least in the short term. And maybe that's not totally a lie.
After all, the current oil price results from two ...
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Tags: credit, Oil, Peak Oil
Posted in Featured, Oil |
4 comments
