Homer II

World Oil Snapshot: Big Picture and Investable Advice

Very nice piece: thorough, accurate, blunt, and compelling.

We are surely doomed because of the moron phenomenon sweeping the country with all their quack science theories. And as long as they have the ears of those in power, there will be no effort to improve our position globally w.r.t. energy. Instead, they will pour m/b/trillions down the rat-hole looking for the instant gratification of solar panels or propellors mounted everywhere. They will never realize that there is no other energy source except hydrocarbons which can deliver the BTUs to move this country's large machinery and thus, power the economy.

Stocks Will Continue to Erode In This Busted Economy

Alan,

Nice piece.. well stated.

This financial decline is very likely to persist for substantially longer than many realize yet. Many equities with less than strong balance sheets may decline precipitously from here even. As we languish in this long slow period, consumer spending will dry up for most discretionary items. That hits AAPL in the solar plexus.