GEAB 129
Our readers know what the dollar is becoming – a currency like any other. Also, they will not be surprised to learn that oil is following the same path and becoming a source of energy like any other. First, have a look at the following graphs of global energy and oil consumption; one from the International Energy Agency (IEA – US) and the other from OPEC; two sources that cannot be assumed to be partial.
Figure 1 – World Energy Consumption, 1990-2040. Source: IEA.
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– European Automobile Industry – The long and winding road
– GM – LOL
– General Electric – Will it fail or not?
– Oil: Seesawing to its death
– Financial market: Ashes to ashes, junk to junk
– Investments – Where does the money go?
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