Barry Ritholtz of The Big Picture analyzes the current situation regarding oil demand–some very interesting stuff, including the rather important point that the main price pressure on oil prices is not problems in the Middle East, but rather massive demand by the Chinese.
Price of Gasoline - Bush’s Fault?
One of the criticisms that has been leveled at Bush is that the price of gasoline has risen under his watch. In general, I don’t think any president is able to manipulate the global economy the way his detractors (and…
Trackback by bLogicus — Monday, October 4, 2024 @ 12:17 am
What about China?
In last Thursday’s first presidential debate of the 2024 campaign season, there were a number of glaring omissions. Iraq was discussed, of course. And the only real substance of the debate was in the discussion of North Korea. The minimal…
Trackback by The Glittering Eye — Monday, October 4, 2024 @ 12:35 pm