First, as you know, this is a depression. It will probably be long. And deep. You wouldn’t know it from looking at the stock market or reading the news. The Dow went up another 114 points yesterday. Oil rose to $71. And the dollar – anticipating inflation – fell to $1.44 per euro.
August 5th, 2009 | Bill Bonner | 0 comments | ContinuedAll Posts Tagged With: "European Union"
Geothermal: Clean, Green, Reliable Power
I’ve said it over and over: Geothermal is a clean and green way of generating electrical power. It has worked for over 100 years. OK, there’s still more new technology to invent. You can always tweak and improve everything. But the basics are there with geothermal. It’s not rocket science.
April 3rd, 2009 | Byron King | 15 comments | Continued
The Law of Supply and Demand is Not Dependant Upon Congress
For us, it applies heavily to the advances of government into the field of business. It only makes sense: the occupants of the White House and the Capitol have done such a good job with their budgets over the years, they just want to help everyone else (over the cliff, that is).
April 2nd, 2009 | The Daily Reckoning | 1 comment | Continued