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Monthly Archives: April 2015
Saudis add half a Bakken to oil market in one month
After falling 50% through 2014, buy-the-dip oil bulls have ramped prices up about 16% in the past month, but the supply glut is only getting bigger… Saudi Arabia boosted crude production to the highest in three decades in March, with … Continue reading
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Broken, lawless finance sector continues to enrich its own at our expense
And so the revolving door between Washington insiders and the finance industry continues to swirl round, without moral code, without restraint, without any shame. All while making a mockery of democracy and of fair minded people everywhere. What will it … Continue reading
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Chinese growth weakening amid debt bubble
Today we have ‘official’ reports that in Q1, China’s economy (the world’s second largest) slowed to a 7% annualized growth rate from Q1 2014, down more than 50% from its 14.2% peak rate in 2oo7, and the slowest year over … Continue reading
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