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Monthly Archives: May 2013
McWilliams: the end of austerity the start of opportunity?
Ireland’s Punk Economics Economist and author David McWilliams explains why austerity–without writing off bad debts and bonds and restructuring mortgage debt in exchange for long term equity– has run its predictable course to no recovery: “Being ‘stuck’, getting punished for … Continue reading
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Buffett explains “the best single measure of where valuations stand” today
Every year the Berkshire Hathaway annual meeting brings a circus of media coverage along the lines of “why Warren Buffett is bullish [always] on America”. As I have pointed out before, part of this is because 55+ years of longevity … Continue reading
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Conventional wisdom largest impediment to transforming energy
Today the impediments to transforming our energy use and dramatically lowering environmental costs and financial waste are not technical or economical but largely political and social. Conventional wisdom is just plain stubbornly dumb and must be overcome. The David Suzuki … Continue reading
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