There’s no replacement for the marginal consumer, wherever they are. So either their income increases, which will allow us to extract a little more, or we let the broader economy deflate. Either way, a significant re-structuring has to occur.
Good grief; it’s a wonder how stuff like that gets published. But I see the same thing in the ‘green building movement’ – the inability to step back and look objectively at what we are doing. It is as if the PV on someone’s house justifies the embodied energy and non-renewable materials in the windows, waterproofing, flashing, concrete footings and foundations, etc. Or EVs – that somehow the tires, brakes, interiors, electronics, air bags, metal frame, etc. of an EV are different than any other sub-compact. Houses and cars are two peas in the same pod of F.F. dependency.
steve from virginiaPost author
Unlimited compact fusion reactors … ZOUNDS! Why didn’t I think of that?
Made by Lockheed-Martin, the same criminals who gave us (US taxpayers) the F-35 …
Reverse Engineer
Count on more Fusion Storiez as the gas disappears from the pumps.
Fusion is the next Investment Bubble.
RE
Laserninja
I am on some kind of email listing where I receive notices of all the major industrial and construction auctions in the U.S. In the last week I have seen a notice for the liquidation of a major modern metal fabrication shop in Texas that was considered a leader in the industy just 1 year ago, and just today an auction for giant sized construction equipment like what would be used for preparing oil drilling sites. All the huge expensive equipment being sold were 2012 models. So I think we are seeing the second stage of the bankruptsies in the oil industry. First the layoffs, then the financial stress, then the auctions. Amazing how little news there is with regards to these business failures. Always big news on the way up, and silence on the way down.
Reverse Engineer
The NEW DINER NEWS PAGE!
Greetings Undertowers!
I have completely revamped the Diner News Page, which now features Feeds from all your favorite Doom & Econ sites around the web.
The Current Sites that can be accessed quickly to see the latest are: Economic Undertow, Our Finite World, Global Economic Intersection, Zero Hedge, Global Research, Salon, Futurology (Reddit), History (Reddit), Oil Price, Resilience and The Slog
I am taking suggestions on further sites to add to the list of tabs. All you need to do is hit a tab and the 5 most recent articles from that site will show up in Snippet Form, with Links active to the site for you to go read in full if it interests you.
The DIRECT LINK to the News Page is DOOMSTEADDINER.COM (as opposed to the Blog Homepage which is at doomsteaddiner.NET)
With this page, you can now surf many sites in a matter of seconds to see what the latest in Doom Newz is.
I put Steve up first in the list so the default goes to Economic Undertow when you hit the page until you click other tabs. ๐
RE
Reverse Engineer
Here is the current up-to-date list of Collapse Newz Feeds available on the Diner Newz Page:
Economic Undertow, Our Finite World, Econintersect, Zero Hedge, Global Research, Salon, Collapse, Futurology, History, OilPrice, Resilience, The Slog,Wolf Street, Daily Impact, Renewable Revolution, Archdruid Report, Club Orlov, Clusterfuck Nation,Resource Crisis, Nature Bats Last, Peak Prosperity
Currently, the Feeds only update once a day, which is fine for most personal blogs but not for compilation sites like ZH, or active Forums like the Diner forum. I’m working on getting that to update hopefully every half hour or so.
Recommendations for more sites to include are welcome.
RE
Reverse Engineer
BEYOND COOL!
OK gang, now I really have it cooking.
Besides all the rest of the Juicy Collapse Newz, I have now included Feeds from my favorite Commentariats to Poach, here on Economic Undertow and on Our Finite World.
You can now find the latest posts made to either Commentariat on the Diner Homepage. ๐
No Widget available? No downloads? ๐
RE
RE, I have no idea how to do it. The entire bit is incomprehensible gibberish … this is why OTHERS do the podcasts, not me.
๐
If you have suggestions, email me … thanks!
One of the readers on OFW found a download for it on File Dropper.
http://www.filedropper.com/glen-downs-with-guest-steve-ludlum
RE
Also, if you get permission from Korelin, I can reload it to Soundcloud and make a widget for you to drop on Undertow here.
RE
Thanks for doing the interview.
There’s no replacement for the marginal consumer, wherever they are. So either their income increases, which will allow us to extract a little more, or we let the broader economy deflate. Either way, a significant re-structuring has to occur.
From Rune’s post today:
“The big unknown continues to be development in consumersโ affordability for expensive oil.”
“Predicting the oil price has a lot to do about understanding the economic undertows that drives the oil supply and demand/consumption balance.”
http://fractionalflow.com/2015/04/13/the-contango-spread-supports-the-oil-price-and-results-in-strong-stock-building/
Now that Bloomberg reports that US production will decline, how long before it embraces The Triangle of Doom?
http://www.bloomberg.com/news/articles/2015-04-13/shale-oil-boom-seen-ending-in-may-after-price-collapse?cmpid=yhoo
Don’t worry, the boom won’t end until next month. LOL.
One just has to laugh…or cry:
http://www.zerohedge.com/news/2015-04-14/crude-dips-after-eia-forecasts-increased-oil-production-decade#comment-5991065
Here’s a call: US production peaked in February, notwithstanding the EIA’s guessing. Why? Look at the Bakken:
https://www.dmr.nd.gov/oilgas/stats/historicalbakkenoilstats.pdf
103 additional wells in February and still falling production.
Correction: 113 additional wells.
An argument for not listening to media at all:
http://finance.yahoo.com/news/could-world-cope-almost-limitless-214021781.html?bcmt=comments-postbox
Ken,
Good grief; it’s a wonder how stuff like that gets published. But I see the same thing in the ‘green building movement’ – the inability to step back and look objectively at what we are doing. It is as if the PV on someone’s house justifies the embodied energy and non-renewable materials in the windows, waterproofing, flashing, concrete footings and foundations, etc. Or EVs – that somehow the tires, brakes, interiors, electronics, air bags, metal frame, etc. of an EV are different than any other sub-compact. Houses and cars are two peas in the same pod of F.F. dependency.
Unlimited compact fusion reactors … ZOUNDS! Why didn’t I think of that?
Made by Lockheed-Martin, the same criminals who gave us (US taxpayers) the F-35 …
Count on more Fusion Storiez as the gas disappears from the pumps.
Fusion is the next Investment Bubble.
RE
I am on some kind of email listing where I receive notices of all the major industrial and construction auctions in the U.S. In the last week I have seen a notice for the liquidation of a major modern metal fabrication shop in Texas that was considered a leader in the industy just 1 year ago, and just today an auction for giant sized construction equipment like what would be used for preparing oil drilling sites. All the huge expensive equipment being sold were 2012 models. So I think we are seeing the second stage of the bankruptsies in the oil industry. First the layoffs, then the financial stress, then the auctions. Amazing how little news there is with regards to these business failures. Always big news on the way up, and silence on the way down.
The NEW DINER NEWS PAGE!
Greetings Undertowers!
I have completely revamped the Diner News Page, which now features Feeds from all your favorite Doom & Econ sites around the web.
The Current Sites that can be accessed quickly to see the latest are:
Economic Undertow, Our Finite World, Global Economic Intersection, Zero Hedge, Global Research, Salon, Futurology (Reddit), History (Reddit), Oil Price, Resilience and The Slog
I am taking suggestions on further sites to add to the list of tabs. All you need to do is hit a tab and the 5 most recent articles from that site will show up in Snippet Form, with Links active to the site for you to go read in full if it interests you.
The DIRECT LINK to the News Page is DOOMSTEADDINER.COM (as opposed to the Blog Homepage which is at doomsteaddiner.NET)
With this page, you can now surf many sites in a matter of seconds to see what the latest in Doom Newz is.
I put Steve up first in the list so the default goes to Economic Undertow when you hit the page until you click other tabs. ๐
RE
Here is the current up-to-date list of Collapse Newz Feeds available on the Diner Newz Page:
Economic Undertow, Our Finite World, Econintersect, Zero Hedge, Global Research, Salon, Collapse, Futurology, History, OilPrice, Resilience, The Slog,Wolf Street, Daily Impact, Renewable Revolution, Archdruid Report, Club Orlov, Clusterfuck Nation,Resource Crisis, Nature Bats Last, Peak Prosperity
Currently, the Feeds only update once a day, which is fine for most personal blogs but not for compilation sites like ZH, or active Forums like the Diner forum. I’m working on getting that to update hopefully every half hour or so.
Recommendations for more sites to include are welcome.
RE
BEYOND COOL!
OK gang, now I really have it cooking.
Besides all the rest of the Juicy Collapse Newz, I have now included Feeds from my favorite Commentariats to Poach, here on Economic Undertow and on Our Finite World.
You can now find the latest posts made to either Commentariat on the Diner Homepage. ๐
Scan down the Right Menu Bar.
RE