Archive for the ‘Biblical Economics & Money’ Category
Monday, August 9th, 2010
The final stages of economic collapse are based on two things: debt and fiscal mismanagement. This is true for individuals, corporations, and countries. Our presumption that we can conquer economic history and defy the laws that have held true in the past is simply arrogance. Just as in the Book ...
Posted in Biblical Economics & Money | Comments Off on Collapse: Part 3
Saturday, August 7th, 2010
Shale natural gas was supposed to be a multi-century solution to our energy problems but the toxic emissions from all of those extra wells are causing environmental problems. See: http://www.dallasnews.com/sharedcontent/dws/news/localnews/stories/DN-gasdrilling_03met.ART.State.Edition1.3563c6c.html Saudi Arabia is reducing its exploration plans with an excuse that it is saving those reserves for future generations, ...
Posted in Biblical Economics & Money | Comments Off on Collapse: Part 2
Saturday, July 31st, 2010
You cannot grow without energy. You cannot sustain growth without a sustained energy source. This is true for an individual as well as a nation. Our current paradigm of economic growth is based on the past surplus of hydrocarbons, specifically oil. The population of the U.S. is in denial. We ...
Posted in Biblical Economics & Money | Comments Off on The Risk of Collapse
Monday, July 26th, 2010
As a business traveler a/k/a “road warrior”, I am extremely sensitive to travel costs. After all, the money is coming out of my pocket, not some corporate treasury in the sky. Actual airfares and rental car costs are up substantially, much higher than government based inflation numbers. I am paying ...
Posted in Biblical Economics & Money | Comments Off on Economic Update
Monday, July 12th, 2010
The following excerpt is from one of the most successful investment letter advisors in history, Harry Schultz. He confirms what I have been preaching for years about technology but views it from an investing point of view: Daily Bell: You've been successful for a very long time – and ...
Posted in Biblical Economics & Money | Comments Off on Technology advances us?
Sunday, July 4th, 2010
3 out of 8 people on earth live in China or India. Both countries are growing whereas the countries of the “West” are having severe economic difficulty. With the arrogance of ignorance displayed by leaders, economic stimulus tactics are not working. But wait, Stimulus Package 2 is in the works. ...
Posted in Biblical Economics & Money | Comments Off on The 2nd Half of the W-shaped Recession
Monday, June 14th, 2010
The Federal Government is now confirming what I reported in earlier blogs- the States are in trouble. Do you think $50 Billion is going to be it? Nada! Dropping real estate prices hence shrinking real estate tax income is something states never plan on. Their spending is always one ...
Posted in Biblical Economics & Money | Comments Off on $50 Billion for 33 States
Thursday, June 10th, 2010
Let’s assume that the world does not end on 12/21/12. The global population will continue to need energy and the cleaner, the better. Solar and wind power are not reliable enough to take up the slack. Nuclear and natural gas generators are scalable. In addition, geothermal will account for a ...
Posted in Biblical Economics & Money | Comments Off on An Example of Renewable Geothermal Electrical Power
Monday, June 7th, 2010
One of the greater challenges in the financial and economic arena is to sift through the illusion and see the realities of the day. Those in power want to create perceptions that perpetuate their agenda even though the facts and/or history support the opposite. This is the basis of fraud. ...
Posted in Biblical Economics & Money | Comments Off on The Expectation of Illusion
Monday, May 31st, 2010
7 miles east of the rig blowout is a massive plume of oil escaping and creating a layer of oil nearly 400 ft thick and the footprint is now bigger than Maryland and Delaware. They believe this plume is spilling 120,000 barrels per day. See: http://news.yahoo.com/s/ap/20100531/ap_on_re_us/oil_spill_mysteries_of_the_deep This is in addition ...
Posted in Biblical Economics & Money | Comments Off on Catastrophic Timing