The Last Drumbeat

The LastDrumbeat http://feedly.com/k/17QljKt Istheideaofpeakoil a falseprojectionorimpendingreality? The world has recently been exposed to many optimistic estimates on the future of oil production and the media has eagerly picked up these projections. International Energy Agency estimates that by 2020, the USA is projected to become the largest global oil producer, to the extent that it is to become a net oil exporter by 2030. These perspectives … Seguir leyendo The Last Drumbeat

Testosterone Pit – Home – The Big Shift: Chinese, Russians Replace People From (Formerly) Rich Countries As Big Spenders At Parisian Airports

Testosterone Pit – Home – TheBigShift: Chinese, RussiansReplacePeopleFrom (Formerly) RichCountriesAsBigSpenders At ParisianAirports http://feedly.com/k/1dEmfnB shared via http://feedly.com Seguir leyendo Testosterone Pit – Home – The Big Shift: Chinese, Russians Replace People From (Formerly) Rich Countries As Big Spenders At Parisian Airports

Chemical Weapons: Hoax!

Chemical Weapons: Hoax! http://feedly.com/k/14hoYA9 FollowZeroHedgeinReal–TimeonFinancialJuice Isn’t it always the way that politicians, wherever they might be and in whatever government in whatever country always stand up and bang their fists on the table in pontificating vociferation, preaching to us about what should and shouldn’t be done. The newspapers of the mainstream media across the Western world are jumping on the same bandwagon and making sure … Seguir leyendo Chemical Weapons: Hoax!

Guest Post: Have Advances In Consumer Electronics Reached Diminishing Returns?

Guest Post: HaveAdvancesInConsumerElectronicsReachedDiminishingReturns? http://feedproxy.google.com/~r/zerohedge/feed/~3/RRDEhTx_KRU/story01.htm SubmittedbyCharlesHugh-SmithofOfTwoMindsblog, Consumerandcommercialelectronicdevicesin 2053 arelikelytolookandperformalmostexactlyliketheydotoday. CorrespondentMark G. recentlyproposedaninterestinganalogybetweenthetechnologicalproductcycleofcommercialaircraftandconsumerelectronics. Aerospace technology experienced a Golden Age of rapid technological development that leveled off once fundamental technologies had matured. Investment in further advances reached a point of diminishing return: the cost of squeezing out modest gains exceeded the profit potential of the advances. HereisMark’scommentary. Silicondaddy: Moore’sLawabouttoberepealed, butdon’tblamephysics is a significant article. The principal expert quoted, … Seguir leyendo Guest Post: Have Advances In Consumer Electronics Reached Diminishing Returns?

Richest Countries in the World

Richest CountriesintheWorld http://feedly.com/k/152JJy9 FollowZeroHedgeinReal–TimeonFinancialJuice Wealth has besotted people since time immemorial. It’s accrued, amassed, hidden, stolen and we would even die sometimes for it, or at least knock someone off more than likely to get what they have. Wealth: the abundance of valuable assets and material possessions, the mainstay today of our consumer societies. Wealth became a target when we left nothing untouched by consumer … Seguir leyendo Richest Countries in the World

Growth in low paying jobs and wage deflation for low-income groups – a painful trend

Growth inlowpayingjobsandwagedeflationforlow-incomegroups – a painfultrend http://feedly.com/k/1emWGGk A few weeks back the WSJ published a chart showing that growth in US payrolls has been dominated by low wage jobs (seechart). It’s worth exploring the topic some more. Though not precise, one way to confirm this trend is to look at the "indexes of aggregate weekly hours and private payrolls by industry sector" from the U.S. Bureau … Seguir leyendo Growth in low paying jobs and wage deflation for low-income groups – a painful trend

ISM Non-Manufacturing Index at 58.6 indicates faster expansion in August

ISM Non-ManufacturingIndex at 58.6 indicatesfasterexpansioninAugust http://feedly.com/k/1am3xR3 The August ISM Non-manufacturing index was at 58.6%, up from 56.0% in July. The employment index increased in August to 57.0%, up from 53.2% in July. Note: Above 50 indicates expansion, below 50 contraction. From the Institute for Supply Management: August 2013 Non–ManufacturingISMReportOnBusiness® Economic activity in the non-manufacturing sector grew in August for the 44th consecutive month, say the … Seguir leyendo ISM Non-Manufacturing Index at 58.6 indicates faster expansion in August

Evidence mounts that China had escaped the worst of emerging markets rout

Evidence mountsthatChinahadescapedtheworstofemergingmarketsrout http://feedly.com/k/19woYuh The latest data seem to suggest that China has so far been able to elude the severe economic headwinds faced by other emerging economies. Signs of stability have been around for a few weeks, but the first set of direct evidence came from Markit/HSBC PMI, showing China’s manufacturing contraction easing (seeTwitterpost). The official PMI number (to the extent it can be trusted) … Seguir leyendo Evidence mounts that China had escaped the worst of emerging markets rout