Peak-Oil and Mad Max

Are we heading for a massive global energy crisis?  Are we running out of oil?  Will energy prices skyrocket? Will lines at the gas station be 5-miles long again?  Will we need to start drilling into places like ANWR (Arctic National Wildlife Refuge) and coastal waters just to sustain our way of life? Sadly, the answer to all of Read more about Peak-Oil and Mad Max[…]

Austerity v. Stimulus: Why Neither Side is Right

We have an unfortunate economic situation on our hands that, while I do believe the worst has passed, is nowhere near being solved.  With a near 10% unemployment rate, that means we have approximately 15 million people in this country who are unable to find work.  You can see the stats as they are compiled Read more about Austerity v. Stimulus: Why Neither Side is Right[…]

Why China Will Not Surpass the United States as the Next Global Superpower

Many global market observers look to China as the next great bastion of structural economic growth.  With one-fifth of the world’s population and an emerging consumer class, many believe that China’s rise to economic dominance is inevitable.  While China is currently, and may remain for some time, an engine of global economic growth, there are some fundamental weaknesses underneath the Read more about Why China Will Not Surpass the United States as the Next Global Superpower[…]

Is this the start of a Lost Decade, or a prelude to post WWI Germany?

The hottest topic on financial news networks these days is the question “To which brand of economic collapse do you subscribe?” This is where academic economists and market pundits come on TV to point to similarities to the United States’ current environment to that of various other economic horror stories through-out history. And while this Read more about Is this the start of a Lost Decade, or a prelude to post WWI Germany?[…]