Archive for August, 2009
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Economy on Track for the Next Bust
Far from helping, government policies aimed at restarting the economy are actually worsening the crisis and preparing the next crash.
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Is the Fed Off Target?
By spending, lending and printing huge amounts of money, the Treasury and the Federal Reserve have patched up the financial system. But the real economy is still in the ditch, as its primary driver is no longer credit, but the cost of energy.
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August 10, 2009
Two articles were published in the Financial Times today, August 10, both supportive of the ideas expressed in Viable Energy Now.
The first, on the front page, outlines how corporations are shortening their supply chains because of the rising cost of transportation. Sourcing in China, for example, is replaced by sourcing in Mexico for the U.S., [...] -
The Recession Is Not Over, Only Delayed A Bit
At tremendous expense to the taxpayers the U.S. government has managed to return some stability to the financial sector, while the real economy has been left to struggle. The methods used only promise an even larger crisis in the near future. A complete shift in priorities is urgently needed.
