Tag Archives: dollar

Export Nation: Does A Tipping Point Approach?

Since 2009, exports from the US have grown at a faster rate than GDP. This is reflected in the weak, national recovery in jobs while export-oriented regions and export-sector jobs have fared much better. As US exports are nearing 15% of GDP, one wonders that a nation long accustomed to protecting consumption may finally have […]

Understanding the New Price of Oil

Dear Readers: I’m currently writing a long-form post twice a month now for Chris Martenson’s excellent website. Accordingly, I’ll be publishing the first (and free) part of these essays here at เกมยิงปลาสุดมันส์ www.dongythoxuanduong.com. Enjoy. — Gregor ___________________________________________________________________________ In the Spring of 2011, when Libyan oil production — over 1 million barrels a day (mpd) — was […]

Big Export Dynamo

I too used to laugh at the export prospects, of the United States. No more. A weaker dollar, a shift in policy, and a world hungry for natural resources has boosted US exports to 14% of GDP in 2011. It also helps that the US now has some of the cheapest electricity rates in the […]

The Price of Growth

Dear Readers: I’m currently writing a long-form post twice a month now for Chris Martenson’s excellent website. Accordingly, I’ll be publishing the first (and free) part of these essays here at เกมยิงปลาสุดมันส์ www.dongythoxuanduong.com. Enjoy. — Gregor ___________________________________________________________________________ Growth. It’s what every economist and politician wants. If we get ‘back to growth’, servicing debts both private and […]

Pacific Story

The revaluation of the Singapore Dollar this week is one of those quiet events that often precedes a larger, tectonic shift. First, it’s apt and fitting in a rather classical way that while most were focused on a coming revaluation of the Chinese Yuan, that “little” Singapore should move first. Second, the over-focus on the […]

Oil as Money and the Decline of Energy Earnings

The Oil Drum has posted a must read essay today by Chris Cook, formerly of the International Petroleum Exchange.? Cook suggests that the only real money is in fact energy. And, that the world should eventually migrate to a monetary system based on that reality. Whether one agrees, disagrees, or simply needs more time to […]

World Yen Flood

The proxy for global industrialism, Japan, is in so much trouble economically we are likely no more than 90 days away from massive BOJ action. Let’s call it a yen flood. Japan’s ominous GDP data released last night makes this inevitable. The only question is how, and through what channels will Japan strike. My take […]

Yen Dead Star Theory

It’s been said that in M. Taggart Murphy’s book, The Weight of the Yen, he forecasts a time when the JPY gets so strong on the back of deflation and the end of the carry trade that it completely levels the Japanese economy, and forces a long overdue restructuring. I’ve recently been chatting with others […]

Debt-ology

The issue that is set to move to center stage, sometime in the next nine months, has less to do with theoretical inflation, or theoretical deflation. Rather, the question of which ‘flation we experience next year is likely to be determined by the exploding supply of US Treasuries. Sure, banking systems worldwide are being recapitalized, […]