Posts Tagged ‘ economy ’

Too Much Spending, Not Enough Savings: Destruction of an Economy

Jul 2nd, 2009 | By | Category: Featured, Macro Economics
For every U.S. household that SAVED part of its income last year (you know who you are), there was another that spent more than it took in (and YOU know who YOU are, as well). On the surface, it may seem like there's nothing wrong with households spending the whole ...read more


Shoveling Money into the Deceased Economy

May 19th, 2009 | By | Category: Featured, Macro Economics
The Great Wish across America is to resume the life of comfort-and-convenience that seemed so nirvana-like just a few short years ago, when the very constellations of the heavens might have been renamed after heroic Atlanta realtors and Connecticut hedge fund warriors, and the boomer portfolios groaned with earnings, and ...read more


The Direction of Energy Policy

Apr 30th, 2009 | By | Category: Energy, Featured
The other day I had lunch with a “brain trust,” of sorts.  Participants included a retired executive from an aerospace company.  This guy helped design and build many of the reconnaissance satellites that the U.S. has launched.  There was a senior executive from a large steel company.  There was a ...read more


Hope Equals Truth About Our National Bankruptcy

Apr 29th, 2009 | By | Category: Featured, Macro Economics, Politics
People of good intentions and progressive predilection are scratching their heads wondering just how President Barack Obama managed to turn himself into George W. Bush Lite with sugar-on-top just twelve weeks after that fateful walk down the US Capitol's east stairway to the waiting helicopter. I'm hardly the first observer ...read more


Unlimited Economic Growth: What Is the Economy?

Feb 11th, 2009 | By | Category: Featured, Macro Economics
We routinely talk about "the economy" as if it were a self-evident concept. We say "the economy is growing" and "the economy is in bad shape," without really discussing what it is exactly that we're referring to. There are three measures we use more or less interchangeably when we discuss ...read more


Forecasts 2009

Jan 1st, 2009 | By | Category: Featured, Macro Economics, Oil, Politics
There are two realities "out there" now competing for verification among those who think about national affairs and make things happen. The dominant one (let's call it the Status Quo) is that our problems of finance and economy will self-correct and allow the project of a "consumer" economy to resume ...read more


Oil And Resources: Change You Won’t Believe

Dec 19th, 2008 | By | Category: Featured, Macro Economics, Oil
The peak oil story has not been nullified by the scramble to unload every asset for cash -- including whomping gobs of oil contracts -- during this desperate season of bank liquidation. The main implication of the peak oil story is that we won't be able to generate the kind ...read more


Delinquency Footnote No. 12

Feb 5th, 2007 | By | Category: Macro Economics
 I have seen a lot of articles over the past few months about rising delinquencies. This article from December 2006 is typical: "Families Feel the Pressure as Mortgage Delinquency Rates Rise": "America's middle class is already burdened by a trifecta of economic pressures: the labor market is slowing, household debt burdens are ...read more


Relationship Management 101

Jan 29th, 2007 | By | Category: Macro Economics
I received a phone call today from a professor of an esteemed university offering to teach a class on relationship management right here on Whiskey & Gunpowder. I was initially skeptical, and it took a bit of persuasion on his part, but once I heard a synopsis of the lessons, ...read more