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Re: Update on BP's top kill efforts, now largest spill in US History
I would be happy to take the other side of that bet. I don't have any difficulty imagining there will be more deepwater rigs drilling for oil in the Gulf of Mexico five years from now than there were just before the Deepwater Horizon ignited. As the cheap supply of oil depletes it has become a difficult and dangerous job to find more of the stuff. The citizens of the USA may finally be starting to understand that...some day maybe their politicians will catch up with them. The current ban on dril... -
Debt-deflation Bear Market Update - Part I: First Bounce officially over (really)
Debt-deflation Bear Market Update - Part I: First Bounce officially over (really)
Why stock markets, oil prices, but not precious metals prices are falling
FIRE Economy re-start flames out
Housing bust recession not over
Fed selling deflation, again
Only 27 days? Feels like years since the DOW stood more than 1000 points taller back when we published The Next Crash on April 28. Not a forecast of an imminent correction.... -
ATM machine that dispenses gold bars is unveiled
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Before the FIRE Gold Update: Is $1,237 the new $720? - Eric Janszen
Before the FIRE Gold Update Is $1,237 the new $720? Gold is insurance that protects wealth against errant central banking policy orthodoxy and debt-inflation government economic policy that are the hallmarks of the FIRE Economy. The rising gold price represents an increase in the FIRE insurance premium. In 2001 when we bought gold at $270 per ounce as wealth insurance against FIRE, it was cheap. Yet 99 out of 100 investors were then afraid to buy it. At the rate were going, in two or three ye... -
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News with Video
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BDAdmin
News with Video
Bill Black's at House Financial Services hearing on Lehman Bros. failure Apr. 20, 2010 (8min.)
Posted by: LargoWinch 04/21/2010
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iTulip Glossary
Since 1998, iTulip has adopted or invented new words and concepts so we can discuss the peculiar economics and markets of our time. Some words replace terms that have lost meaning. The "Currency Formerly Know as the US Dollar" is too wordy, so we adopted the term "bonar" instead, to meet dual requirements for brevity and levity. The bizzarre economic landscape requires new language to explain odd phenomena... -
Management Team
Eric Janszen
Founder & President
Co-Author "America's Bubble Economy" Wiley & Sons (2006)
Author "The Next Bubble" Harper's Magazine cover article February 2008
Author"Reindustrialize" Harper's Magazine article November 2008
Author of must read book "The Post-Catastrophe Economy: Rebuilding America and Avoiding the Next Bubble" by Portfolio Hardcover September 2010.
...Eric Janszen is an active angel investor and the Founder & President of iTulip -
iTulip Records
Stock Market Bubble
- November 1998: Warns Of Internet Bubble
- August 1999: No Y2K Disaster
- November 1998: Explains How Internet Bubble Will End
- March 2000: Calls Internet Bubble Top
Housing Bubble
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