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« The End of Chinese Quality Products? | Main | Bank Regulators Sending Mixed Messages »

December 19, 2008


Ed Kohler

Wow, a lot has changed since 2005. Few predicted what would happen this fall as far back as only this summer. Or the people who've made a killing shorting the market have been afraid to come forward. Not sure which it is, but I'm doubting it's the latter.

Sr Max Higgins

Bank of America and Mr. Higgins missing $millions, it can happen to you my, fellows Americans

More info at:

David Cooke


If you haven't done so already, I suggest that you take a look at the main ideas in Matthew Simmons' 2005 book "Twilight in the Desert: The Coming Saudi Oil Shock and the World Economy". In it he argues that Saudi oil supply will soon start an irreversable process of decline.

Simmons suggests that when Saudi Arabia and other Middle East producers can no longer meet the world's enormous demand, world leaders and energy specialists must be prepared for the consequences of increased scarcity and higher costs of oil that support our modern society.

You state in your blog post: "In the long run, supply increases." I believe that just the opposite is true when looking out to the years 2020 to 2040.

David Cooke

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