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Posts Tagged ‘commodities’

Quick! What type of world did you imagine when you were a kid? Did you foresee yourself darting about in a hovercraft much like the cartoon family in the Jetsons? Vacationing on the moon? A lean, mean greener world? How is it that we find ourselves these many years, decades even, down the road and we’re still looking at a society that in so many ways is what it once was: the world that petroleum built? Decades after the Carter-era gasoline shortages, now with the prospect of $6 gasoline looming before us, we have little to show for our grand hopes and great visions. We’re still talking about moving off foreign oil even as the buzzword “energy independence” has become firmly entrenched in our lexicon. So little, so late.

What happened? (more…)

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Rethinking Globalism: Why We Need a Cell-Based Economy

When you listen to the pundits and economic experts, you come away with a mixed bag of blame for the economic woes the United States, and by turn the global economy, presently faces.

At first blush, it’s middle class “Annie” with her subprime mortgage, too ignorant or materialistic to admit that she can’t afford the McMansion she lives in.

At second glance, it is the greedy, not-my-problem mortgage broker who knows banks routinely sell off homeowners’ loans to Wall Street investors who will be left holding the bag when homeowners default.

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