Savage State of Torpor

Via Ft.com and BusinessSpectator.com
Oil’s slippery slope
With the oil price heading upwards and President George Bush heading for Saudi Arabia, as part of a Middle Eastern tour, it is time to accept the truth. The pursuit of oil is fundamental to US foreign policy.The importance of oil to American foreign policy is both obvious and [...]

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Here is an excellent primer on the the current recession & its causes. If you’re interested in understanding it in greater detail, I suggest checking it out.
Via TheOilDrum.com:
The Resurgence of Risk: A Primer on the Developing Credit Crunch
We have been living in inflationary times, for as long as most of us can remember. The [...]

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