While the world has entered into a financial crisis, the worst is still yet to come. When the global contagion continues to spread, the crisis will turn into a FINANCIAL STORM, in which few are prepared. Unfortunately, the analysts on CNBC and Bloomberg continue to provide incorrect forecasts because they…
There’s more evidence finally surfacing in the media of the dire energy predicament the world is now facing. The negative ramifications of peak oil and the falling EROI were going to hit the world economy within the next 2-5 years, but the global contagion has sped up the process considerably. …
The oil price collapse is a bad omen for much worse things to follow. The global contagion is impacting the U.S. economy and the domestic oil industry far greater than I realized just two weeks ago. As I try to allow my analysis to “Catch Up” to the gravity of…
The world economic and financial markets have entered into a crippling cannibalization of the system in which few are prepared. While the politicians, financial analysts, and media are providing optimistic forecasts for the future, they continue to underestimate the seriousness of the global contagion. Thus, after a week or two,…
The world is heading towards a global depression, but the market hasn’t quite figured it out yet. Unfortunately, many analysts and economists continue to believe that the worldwide contagion will be generally short-lived, suggesting growth will return in the second half of the year. A perfect example is the overly…
Black Monday hit Wall Street in a BIG BLOODY WAY today. With oil being the main driver of the economy, U.S shale stocks lost nearly half of their value… IN ONE SINGLE DAY. That’s correct, the average decline from eight of the top U.S. shale companies saw their stock prices…