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3 Comments
Is the Global Economy Drowning in a Sea of Black Gold?
Instead you are betting your house, your car, your way of life on the notion that there is an endless supply of cheap energy. If you really want to see an "idiotic view" you only have to look in the mirror.
How the U.S. Financial Crisis Resembles Japan’s 'Lost Decade' - And How to Play It, Part II
Be careful what you wish for....it may come true.
The Oil Bubble Will Meet the Same Fate as Tech, Housing
If you think the world is awash in "easy" oil you have a sad reality to face. If you think Americans will scale back their consumption appreciably you have yet another sad reality to face.....we are addicted to the stuff. If you think the people of Asia and India will go back to riding bicycles you have yet another reality to face.
An even more frightening scenario is that alternative energy sources of appreciable scale are decades away.
I really hope it is a bubble but unfortunately I think there is much more at play here than greed and speculation.