The clogged sewers of finance and industry
I read a remarkable observation today. Well it’s not really a remarkable observation, it’s an obvious one, one which I’ve been forecasting since 2011, but what’s remarkable about it is…
Richard
Oil and economy: The shale oil revo-illusion [Part 2]
Canadian Trends: Oil and economy: Understanding the risks In part 2 of this series (boy was it stupid of me to start 2 separate series posts at the same time!…
Canadian MSM scrambles to defend NSA spying
The National Post and Toronto Sun have both put out pieces trying to justify the NSA’s presence as “just doing their jobs”. The only problem? The jobs they assume they…
The G20 is the nexus of everything Canadians really need to know
Senate scandals and off-shore tax havens have nothing on the G20 when it comes to the amount of ignorance claimed by “government officials”. Just now we have a great little…
Oil and economy: Understanding the risks [Part 1]
In my last post on the bitumen bubble I was prompted with some questions on the global situation. My answer has become quite complex, so it’s been made now into…
The Bitumen Bubble is back from holiday
With the latest slump in WTI oil prices and the potential nuclear deal with Iran laying a foundation for even further easing (who would have thought “ethical oil” needed “conflict”…
Key Concept 3: The Peaks
In key concept 2 we looked at how diminishing energy returns are effecting the economy and the steps the elite are taking to mitigate that issue (for themselves). In key…
Key Concept 2: Currency = Money = Energy
Key concept 2 is to understand that currency represents money and money represents energy. Today is really a great day to discuss this key concept as several reports have come…
JP Morgan’s Twitter Q&A trolled to death
And a snapshot of #AskJPM
Key Concept 1: Political Theatre
As some readers of this blog may know it’s been getting harder and harder to put my thoughts down on current events. There are many reasons, some of it is…
Train wrecks and surpluses
Oh look! Now we’re going to have a $3.7B surplus by next election. The federal government is not only on track to balance the budget by 2014-15, it will also…
Lack of foresight: Dangerous like driving in the Rocky Mountains
It is sometimes quite embarrassing to be an Albertan. I’ve just come across an article that is just sadly funny. We can call this funny because it’s been filed under…
The Big Lobby by Big Oil Over Small Time Cash
The evidence continues to build that the oilsands are not only unsustainable to produce, but also unaffordable too yet Canadians just don’t seem to care, or understand, I’m not sure…
@JustinTrudeau’s $250 "ladies night"
“Defending the middle class” has become the latest craze and Justin Trudeau is milking it for everything it’s worth. Of course as has been covered here before, and as his…
Job creation? We actually need to start talking ‘wealth creation’
“Job creation” has been the mantra in overdrive since the great bank heist of 2008. It sounded reasonable since the resulting unemployment rates were sky high and for many demographics…
Maybe one day…
Well now that the confidence in bad economic data is high it’s time to tell everyone how we’re really doing. Remember how growth was supposed to return in 2013, and…
U.S. Debt: Never say never
You know, back before the 2008 crisis began there was a lot of talk about how it would “never” happen. That the subprime housing bubble would never pop. Yet despite…
The Adventures of Fiscal Cliff: The Healthcare Shutdown Showdown
Oh look, here we are again. The U.S. – now living paycheque to paycheque – might not have enough cash to cover next months rent. I suspect as before with…
The good, the bad, and the lawful
The fallout from Kerry’s accident has been very interesting to observe but lost in the black and white good and bad comparisons of historical Russian and U.S. action has been…