Tag Archives: Debt

Big Repairs Still Needed To Fix the American Jobs Picture

A significant structural change in US labor markets has come to light in the years since the financial crisis, and that is our economy’s composition of full time vs. part time jobs. The US in the previous decade shouldered nearly five full time jobs for every part time job. But that ratio changed, rather dramatically, […]

How The European Endgame Will be the Death Knell for Modern Economics

Dear Readers: I’m currently writing a long-form post twice a month now for Chris Martenson’s excellent wesbsite. Accordingly, I’ll be publishing the first (and free) part of these essays here at w88ประเทศไทย www.pinyourcrafts.com. Enjoy. — Gregor ___________________________________________________________________________ Few modern economists would, for example, monitor the behaviour of Procter and Gamble, assemble data on the market for […]

The New Price Era of Oil and Gold

Dear Readers: I’m currently writing a long-form post twice a month now for Chris Martenson’s excellent wesbsite. Accordingly, I’ll be publishing the first (and free) part of these essays here at w88ประเทศไทย www.pinyourcrafts.com. Enjoy. — Gregor ___________________________________________________________________________ “If society consumed no energy, civilization would be worthless. It is only by consuming energy that civilization is able […]

America the Jobless Ghost Ship Sails Onward

Total employment in the United States fell in June by 445,000 people, from 139.779 to 139.334 million. With this loss the average so far in 2011, tracking at 139.59 million, is closer once again to falling below 2010’s average, of 139.07 million. While you can easily see in the chart below an advance out of […]

The Federal Reserve Enters Decline

The Federal Reserve is an artifact of the Abundance Economics that have governed Western economies over the past 250 years. For nearly 250 years exactly we have climbed the ladder of ever increasing energy density, and ever increasing energy supply. That era has now come to an end. You can see that view, the end […]

Rocky Mountain Surplus

In Seven States of Energy Debt I added an energy-twist to the current comparisons between fiscally troubled European countries like Greece and Portugal, and their counterparts in the US such as California, Illinois, and Florida. In addition to high rates of unemployment, a number of US states are also significant energy importers or worse have […]

Seven States of Energy Debt

Out here on Cottage Grove it matters. The galloping Wind balks at its shadow. The carriages Are drawn forward under a sky of fumed oak. This is America calling: The mirroring of state to state, Of voice to voice on the wires, The force of colloquial greetings like golden Pollen sinking on the afternoon breeze. […]

The Alignment of Asset Reflation and a Collapsed Economy

If all the highly informed people who’ve been waging a war the past six months against rising stock prices would just step back for a moment, they would perhaps understand better that their macro views are supported, not negated, by asset reflation. For it’s this asset reflation that hints at the singular and doomed strategy […]

Washington’s Dilemma

Washington is bluffing that it will not bail out California, and every other state suffering from collapsed revenues and massive job losses. If cuts in police and schools don’t force DC off from its current position, then the math will. Because in many states the aggregate revenue losses and looming cuts to state payrolls will […]

The Seigniorage Curse

Much has been said the last few decades about the Oil Curse. The idea that countries with a large petroleum inheritance actually devolve over time, failing to diversify their economies. The result is often a stagnant culture and a dysfunctional political structure. Amidst the arrested development, these countries are of course deeply vulnerable to swings […]