Tag «Argentina»


In the United States, various states offer glimpses into the future of industrial economies. Wisconsin is filling the mainstream media outlets, but California really leads the way. In the latter state, the lights have gone out and the water has been turned off for a significant number of people. Those events are coming to the …

Capitulation draws near

I never cease to be amazed by the number of people, on this blog and elsewhere, who believe the supply of oil is infinite, and the similar number who believe we’ll innovate, conserve, or organize our way out of our oil addiction. I use “believe” intentionally, because there’s no evidence of any thinking going on. If there were is evidence to support the notion we’ll get through the year without capitulation of the Dow, please bring it forward, and soon.