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Monthly Archives: August 2015
Lower prices continuing to spread deflation
Just as crashing oil prices are inducing cash-crunched producers to pump even more product, weaker global demand and falling export prices are flooding even more cheap goods throughout the world. Better for buyers, but bad for corporate sales, profits, recklessly … Continue reading
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Trouble keeps coming as revenue tides recede
The Chinese government is under intensifying financial stress as exports have receded from 35% of GDP in 2007 to 22% in 2014…and falling. At the same time domestic consumption has also shrunk despite every ‘stimulant’ trick in the policy book. … Continue reading
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‘ICE-less’ vehicles remind of ‘horseless carriage’ pessimism of early 1900’s
Internal combustion engines (“ICE”) are headed for the recycling pile whether naysayers believe it or not. We would be wise to recall that the horseless carriage was also widely derided by mainstream thinkers in 1909… Check out the striking relationship … Continue reading
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