Humans eat or humans die and with the Peak Oil specter looming this issue is becoming very pressing for about 923,000,000 people.  The Internet is an amazing series of tubes.  A friend told me that Nate Hagens, MBA, former Managing Director at Salomon Brothers, Lehman Brothers and editor of The Oil Drum, used my liquidity [...]

MORAL FOUNDATION
Immortal words were penned 233 years ago by the luminary Thomas Jefferson:
We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable rights, that among these are life, liberty and the pursuit of happiness. That to secure these rights, governments are instituted [...]

Pundits have referred to 2007 as The Year of the Crash and 2008 as The Year of Deleveraging. Both are appropriate and with the initiation of 2009, as the aftereffects of the crash and its subsequent deleveraging continue to dominate economic reality, we look for hints as to what the next four quarters may hold.
One [...]

Assuming the continuance of free people and free markets, the trend toward less scarcity and lower real prices of all resources will continue, as it has from the beginning of human civilization.

Dmitry Medvedev, Russia’s new president, was welcomed with open arms by the Western world. It was hoped that this well-mannered lawyer would usher in a new era of diplomacy and finally allow Russia to step out of the shadow of the cold war.
But did we forget? This is Russia.
In August, Medvedev demonstrated his appetite for [...]