Item of General Interest
Nov. 23. I put my two presentations from the first week of November up on the Presentations/Podcasts page.
I have a fair number of family activities going on at this time of year, so posts may temporarily be a little less frequent.
Tag Archives: recession
We know the world economic pattern we have been used to in years past–world population grows, resource usage grows (including energy resources), and debt increases. The economy grows fast enough that paying an interest rate a little higher than the … Continue reading
Does a fish know that its nose is wet? Probably not. It swims in water, and assumes that is the only way any animal lives. We live in an economic world. Economic models that were developed years ago were created … Continue reading
A question that seems to come up quite often is, “Are we going to have inflation or deflation?” People want to figure out how to invest. Because of this, they want to know whether to expect a rise in prices, … Continue reading
Update: Not long after I wrote this post, the EIA revised the oil consumption amounts by country that they had published a few days earlier. The numbers changed substantially for quite a few of the countries outside the US and Europe. … Continue reading