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Monthly Archives: July 2008

The Fed’s Ego

Posted by Doug Wolkon on July 22, 2008 at 9:36 pm

Starting to get a lot more optimistic about the economic opportunity that lies ahead. The economy’s assets and liabilities are shifting perspective and ownership. It will be forced to act more efficiently. It may feel like it will happen super fast, but it has been a long time in the making. For those who embrace it, it will be fun, but for those who don’t, it won’t. Continued »

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A Solar Panel: The Neutralizer

Posted by Doug Wolkon on July 11, 2008 at 2:14 am

The real reason that oil consumption has slowed down is once again - the housing market. Think about how much less oil is needed to move all those materials (wood, steel, concrete, appliances, etc.) as well as construction laborers for all those houses and condos we were building. All that consumption from our housing construction has come to a stop, and with it the end of a major consumer of oil. The next oil demand decrease is on its way from both China and India. Continued »

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