Richard Maybury: The War That Will Kill the Dollar

A war-mongering U.S. government could be less than 18 months away from decimating the last 5% of value left in the dollar, says Richard Maybury, the author of the U.S. & World Early Warning Report. Until some new exchange-traded-fund-like basket of natural resources provides a store of value, this “juris naturalist” has some . . . → Read More: Richard Maybury: The War That Will Kill the Dollar

Residential water heating and the rise of the gas-fired economy

When electricity distribution networks fall into place, people start using electricity for everything. Heating, air conditioning, cooking, etc.: electricity is the supple path to all applications. Electricity is conveniently accessed at home, but at a system level, there are problems. Electricity is typically made in big facilities, primarily by burning coal or gas. It . . . → Read More: Residential water heating and the rise of the gas-fired economy

In Case You Had Any Lingering Doubts

If you weren’t sure about the existence of a college bubble, here’s proof:

[Source]

When the number of psychology majors increase by 135% over25 years, you can be reasonably sure that there’s a college bubble because a) psychology is not a science, it’s a form of bovine fecal matter and b) economies don’t need . . . → Read More: In Case You Had Any Lingering Doubts

Economic Events on November 8, 2011

At 7:30 AM Eastern time, the NFIB Small Business Optimism Index for October will be released, providing information regarding the health and confidence of small businesses in the United States.  The consensus is that the index is at a level of 89.3, which is 0.4 points higher than the previous month’s value.

At 7:45 . . . → Read More: Economic Events on November 8, 2011