Featured post


World Energy Consumption Since 1820 in Charts By   Gail Tverberg Figure 1 (above) shows the huge increase in world energy co...


Live World Indices are powered by Investing.com

Sunday, 20 March 2016

EYE on the World: Soon, NO WINTERS in Alaska?

Sled Dogs Cheer Global Warming  
Inline images 4
Ain't life grand?
"The winters keep getting warmer. The racers keep getting faster.
When Dallas Seavey and his team of sled dogs arrived in this remote old gold rush town on the Bering Sea shortly after 2 a.m. on Tuesday, Seavey celebrated his fourth victory in just five years in the nearly 1,000-mile sprint across the Alaska wilderness that the world knows as the Iditarod dog sled race. At eight days, 11 hours, 20 minutes and 16 seconds, it was the fastest time in Iditarod history — and the second time Seavey set a course record on his way to victory."
LA Times, March 2016

New Stock Market Crash Inevitable - A Special Report by Wim Grommen

New Stock Market Crash Inevitable

Every production phase or society or other human invention goes through a so-called transformation process. Transitions are social transformation processes that cover at least one generation. In this article I will use one such transition to demonstrate the position of our present civilization and  that a new stock market crash is inevitable.

Iowa Farmers Heading for Cleaners

​ No Repeat of Farm Crisis

Still, this downturn is unlike the 1980s farm crisis, say Northey and others.
Iowa farmers and investors purchased land with healthy down payments, limiting how much they're leveraged, experts say. And interest rates are significantly lower.
Farmers in the 1980s were paying rates as high as 20 percent, Northey said.
"We still have solid demand," he said. "We've just had some big production years — back to back."

US Shale Producer Faces Biggest $10 Billion Bankruptcy

"The writing has been on the wall for quite a while now," said Kevin Kaiser, an analyst at research firm Hedgeye. Kaiser recommended in 2013 that investors short Linn.

"The company took on way too much debt, primarily in an effort to make distributions to its equity holders that it could never afford."


​" ​
Buddy, what's your "Cash Break-Even"?

"Many have already used lifelines like distressed debt exchanges and hired restructuring advisers, so absent that fast rise in WTI, some defaults will be inevitable. We estimate about $40 billion of additional outstanding energy bond debt will likely default this year."

Inline images 7


Follow Here

Search This Blog

Blog Archive