Economy
Arctic Oil On Life Support
Oil companies have eyed the Arctic for years. With an estimated 90 billion barrels of oil lying north of the Arctic Circle, the circumpolar north ……Read More
Business
Economy
The Looming Debt Crisis in China
A recent report by the Centre for Economic Policy Research and the International Center for Monetary and Banking Studies examines the growing level of debt ……Read More
Economy
The Long Decline in Per Capita GDP Growth
While economic growth in the United States is looking fairly robust as shown on this graph: …in fact, if we look at GDP corrected ……Read More
Markets
Increasing Demand For Refined Products Will Increase Oil Prices
In last week’s article I posted a chart from the International Energy Agency’srecent Oil Market Report that shows global demand for refined products catching up ……Read More
Markets
Negative Interest Rates A New Reality Coming Soon to a Federal Reserve Near You?
The very concept of negative interest rates seems counterintuitive. After all, why would you pay someone to hold your money for you? It intrinsically seems ……Read More
Economy
The Illusion of Deleveraging A Debt Lesson Not Learned
In large part, the negative impact of the Great Recession on the world's economy was amplified by high debt levels among all levels of government ……Read More