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Monday, July 21, 2014 11:14 PM

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While you have to swallow long-term projections with a few pounds of salt, an interesting study from the Organization for Economic Co-operation and Development, better known as the OECD, looks at the challenges facing the world's economy over the next fifty years.  The "Shifting Gear:
Paying Down the U.S. Federal Debt   Let's open this posting with a graph showing the U.S. federal on-budget surpluses and deficits since 1915:  
Here's a graph showing us the on-budget surpluses and deficits as a percentage of GDP:     
  That certainly is a
Asset Volatility and the FOMC Minutes   When the Federal Reserve Open Market Committee (FOMC) releases the minutes of its closed door meetings to the "sweaty masses", the world's investing community sits on the edge of its collective seat.  In this posting, I will summarize a study by Dr. Carlo Rosa at the New York
One of my main sources of data for my postings is the Federal Reserve Bank of St. Louis better known as FRED.  Using their data, we can compare many facets of the American economy and even compare American data to data from other OECD nations.  In this posting, I want to compare the number
The High Cost and Painful Reality of Experimental Monetary Policy   Over the past five years since the Fed began its long-term experiment with near-zero interest rates in a desperate attempt to prod the economy back to life, the greatest impact has been on America's savers, most particularly, those who retire and live off the income from a lifetime of savings.

Many people, even fanatical advocates of solar power, are unaware quite how close we are to reaching a critical milestone in the industry. Within a fairly short space of time, solar generated electricity will be fully cost competitive with coal-powered electricity -- at least if the governments of

How Much Energy Will the 2014 World Cup Consume?

Along with 3 billion other viewers around the world, I plan to tune in for the month-long World Cup to see whether the 22-year old Neymar can withstand the colossal pressure that has been put upon his shoulders to deliver a win for team Brazil.

Every time I turn on my television set, I'm using

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