• 5 days Retail On Pace For Most Bankruptcies And Store Closures Ever In One Year: BDO
  • 10 minutes America Could Go Fully Electric Right Now
  • 57 mins Majors Oil COs diversify into Renewables ? What synergies forget have with Solar Panels and Wind Tirbines ? None !
  • 22 hours Something wicked this way comes
  • 9 hours America's Frontline Doctors - Safely Start Living Again!
  • 12 hours France Sees 10.6% EV Market Share In September — 4× Growth Year On Year
  • 1 day A sneak peak into the US election
  • 11 hours Conoco Pledges ‘Net-Zero’ Emissions in Break With U.S. Rivals
  • 18 hours Permian in for Prosperous and Bright Future
  • 2 days covid. stop the carriers and thus stop the virus.
  • 21 hours Tesla Model 3 Is September's Top Selling Car of All Vehicles in Switzerland
  • 1 day California’s Electric Vehicle Dream Has A Major Problem: No
  • 2 days "COVID Kills Another Oil Rally" by Tom Kool 10/16/2020
  • 2 days Vote Biden for Higher Oil Prices
  • 2 days Ethanol present in gasoline
  • 3 days Is the coal industry on the way out?
  • 3 days Tucker Carlson responds to CDC after agency critiques commentary about mask-wearing

Finance / the Economy

Is Obama Following Europe Down the Economic Rabbit Hole

May 17, 2010 at 12:56 | Christopher C. Horner

The most troubling aspect of the West’s current policy turmoil is not the European meltdown led by Greece and Spain. It is instead President Barack Obama’s unflinching insistence on rushing…

The EU Bail-Out is a Temporary Measure as Imbalances Remain

May 14, 2010 at 12:01 | ISN Security Watch

Will democracy be built around currency, or will currency revert to national democracies? Martin Wolf argues with usual clarity that the EU bail-out is a temporary measure: the Eurozone…

UK Public Debt Spiralling out of Control – Will it Become the Next Greece

May 14, 2010 at 08:40 | Michael Snyder

Now that the Greek debt crisis has been "fixed" by a gigantic pile of more debt, many are wondering which European nation will be next to experience a massive debt…

The Bond Check-In

May 13, 2010 at 12:31 | Dave Forest

Lots of concern the last few weeks over sovereign debt. Investors globally were wondering how Greece would fund its budget shortfalls. Now we're looking at how Europe is going to…

Exotic investment Vehicles: An Unproductive Abuse of Capital

May 12, 2010 at 12:33 | Dave Forest

Michael Lewitt has an interesting new book out, called "The Death of Capital". In it, Lewitt attacks speculative investment activities such as private equity buyouts. He notes that such speculation…

The Greek Debt Crisis: Hype and Manipulation or is the World Economy Really at Risk

May 11, 2010 at 19:18 | Michael Snyder

Everywhere you turn in the financial media right now you see some "expert" declaring that the Greek debt crisis has become a "contagion" which is going to spread all over…

4 Economic Predictions: What Remains when you Scrape Away the Hype

May 11, 2010 at 13:34 | Charles Hugh Smith

Market fluctuations are mostly noise. To understand the trends beneath the surface noise, we need to establish an integrated context. The Mainstream Financial Media (MFM) is famously (or infamously) deficient…

Return of the Dollar Cavalry

May 10, 2010 at 11:29 | Dave Forest

The world is in distress. The economic future looks bleak. Who can the citizens of our great planet turn to, to save them in this time of need? The Federal…

Why the Euro Is Doomed

May 10, 2010 at 09:42 | Charles Hugh Smith

Papering over the structural imbalances in the Eurozone with endless bailouts will not resolve the fundamental asymmetries. Beneath the endless announcements of Greece's "rescue" lie fundamental asymmetries that doom the…

Bank Lending and Other Key Stats Take a Turn for the worse

May 04, 2010 at 13:37 | Dave Forest

I wrote last month that several economic indicators seemed to be turning positive. I may have spoken too soon. The last two weeks a number of key stats have…

Oil, Greece & China – On a Collision Course with Reality

May 03, 2010 at 11:49 | Charles Hugh Smith

A chart of exponential growth/depletion may be the "chart of the century." The chart displays two lines: the blue line traces out exponential growth (for example, in demand for oil,…

The Recession is Over

Apr 30, 2010 at 13:08 | James Hamilton

That's the big take-away from today's report from the Bureau of Economic Analysis that the seasonally adjusted real value of the nation's production of goods and services grew at…

Japanese commercial banks are hurting. Will the government step in with more bailouts?

Apr 30, 2010 at 11:27 | Dave Forest

Sometimes the briefest bits of information are the most critical. The Bank of Japan today put out its usual one-page summary for the April meeting of its Policy Board. The…

Greece Debt Crisis: No Way Out?

Apr 23, 2010 at 19:00 | Dian L. Chu

As if Greece did not already have enough problems. The market was already jolted by the Goldman SEC case. Then, it was the cloud of volcanic ash from Iceland postponed…

Is There an Asset Bubble in China? The IMF Doesn't Think So

Apr 21, 2010 at 19:00 | Dian L. Chu

Olivier Blanchard, chief economist at the International Monetary Fund (IMF), talks with Bloomberg this morning about the prospects for an asset bubble in China.  Blanchard, speaking from Washington, also discusses…

The Search for a Reserve Currency

Apr 18, 2010 at 19:00 | Gregory R. Copley

Currency, like all forms of abstract value, is based on trust. And trust itself is based - except among the most naïve - on experience, and the repetitive demonstration of…

China's Towers and US McMansions: When Things Fall Apart (Literally)

Apr 13, 2010 at 19:00 | Charles Hugh Smith

Shoddy construction throughout the world, but especially in China and the U.S., is a type of mal-investment, and it will have consequences. Everybody seems to know about China's real estate…

Outstanding Loans in US Commercial Banks Jump by $420 Billion in One Week

Apr 12, 2010 at 19:00 | Dave Forest

I thought I was seeing things yesterday. The Federal Reserve released its weekly numbers on U.S. bank lending. And it looked like there had been some kind of mistake. Outstanding…

The End of European Expansion and the Coming Debt Wars

Apr 07, 2010 at 19:00 | Business Insider

Government debt in Greece is just the first in a series of European debt bombs that are set to explode. The mortgage debts in post-Soviet economies and Iceland are more…

Are We Heading for a Decade of 1970s Style Stagflation?

Apr 06, 2010 at 19:00 | Charles Hugh Smith

Four key factors in the 1970s were very different from present conditions, and that argues against 1970s-style stagflation as a model for 2010-2020. Sometimes history rhymes--but only for the first…

Oilprice - The No. 1 Source for Oil & Energy News