Search Results for: fracking

This Time Is The Same: Like The Housing Bubble, The Fed Is Ignoring The Shale Bubble In Plain Sight

Posted on by David Stockman
We are now far advanced into the third central bank generated bubble of the last two decades, but our monetary politburo has taken no notice whatsoever of its self-evident leading wave. Namely, the massive malinvestments and debt mania in the shale patch. Call them monetary bourbons. It is no exaggeration to say that inhabitants of the […]
You must be a Stockman's Corner member in order to view this post, subscribe to Monthly Subscription, Quarterly Subscription or Annual Subscription.
Login or Join Now To Read More

More Than A Quantum Of Fragility: CDOs Are Back—-Leveraged To The Shale Patch

Posted on by David Stockman
Falling oil prices are not just set to create future mayhem, they’re doing it now, you ain’t seen nothing yet. Much of the industry itself is scrambling to stay alive, many parties won’t make it if prices stay low or go lower, and the financial world, including your pension funds and mutual funds, will go south with it....... Login or Join Now To Read More

Here Is Oil’s Next Leg Down—–A Survey Of The Spreading Fractures

Posted on by David Stockman
News reports about developments in the oil markets are coming fast and furious, and none of them indicate any stabilization, let alone rise, in oil prices. Quite the contrary. There’s a very large amounts of extra barrels flowing into the market, which is just, as one analyst puts it “even
You must be a Stockman's Corner member in order to view this post, subscribe to Monthly Subscription, Quarterly Subscription or Annual Subscription.
Login or Join Now To Read More

All The Hypocrisy Fit To Print: The NYT’s Fatuous Double Standard On Syria And Ukraine

Posted on by David Stockman
By Robert Parry In the multilayered double standards of its international coverage, the New York Times demonstrates how propaganda works: Outrage is the only appropriate response when an adversary breaks a rule but a shrug is okay when it’s “our side.” Plus, there must be perfect evidence to accuse “our side” of an offense but […]
You must be a Stockman's Corner member in order to view this post, subscribe to Monthly Subscription, Quarterly Subscription or Annual Subscription.
Login or Join Now To Read More