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By Gregor Macdonald |
December 20, 2012
It was the best of times; it was the worst of times for the American public over the past month, as it was treated to two high-profile, but deeply conflicting, energy and economic forecasts.
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By Gregor Macdonald |
November 27, 2012
Flood myths are common to human culture. Swollen rivers, tidal storms, and tsunamis make their appearance frequently in literature. But Hurricane Sandy has shifted the discussion from storytelling to reality.
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By Gregor Macdonald |
June 29, 2012
Oil, natural gas, and alternatives dominate the headlines when it comes to energy. But there's a big and largely-overlooked revolution occurring with the energy source likely to become the most preferred fuel for a world in economic decline: coal.
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By Gregor Macdonald |
February 15, 2012
In the wake of the jobs report, US Treasuries and gold, the two asset classes that have offered safety in recent years, faltered. Right or wrong, global markets were jolted by what's commonly called a "growth scare." How durable is such a scare?
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By Gregor Macdonald |
November 23, 2011
In the new oil cycle, a debt crisis is no longer solvable with growth. Devaluation or jubilee are the only options. The loss to society will be borne most directly by those who hold sovereign debt as their savings. The time of containment is over.