Recent comments by energyecon

sm_landlord wrote:

Currency Wars were not generating enough noise, so now we get trade wars too.
Booya indeed.

Next in the sequence is trade war, followed by global intramural bout, but let's not get ahead of ourselves.

vtcodger wrote:

Actually, they invaded because the Communist government in Kabul was falling apart.

Yep. But sticking to the facts get in the way of partisan diatribe, so...

tg wrote:

your damn country took one of my front teeth

Sounds like a natural for ice hockey then!

tg wrote:

one must plan to get punched in the mouth


Donald Trump: Not As Great A Businessman As He Claims To Be

Trump and the bank eventually settled the litigation with a new loan agreement. After all, when you owe someone $40,000,000 you have a lot of bargaining power. Nonetheless, it is an excellent example of what Trump thinks is the proper way to do business:

In that filing, the bank quoted from a best-selling book Mr. Trump wrote last year, “Think Big and Kick Ass in Business and Life.” In it, the developer said he loved “to crush the other side and take the benefits” and mocked the banks that had lost money on loans made to him before another real estate downturn, in the 1990s:

“I figured it was the bank’s problem, not mine. What the hell did I care? I actually told one bank, ‘I told you you shouldn’t have loaned me that money. I told you the goddamn deal was no good.’

burnside wrote:

Do they? I though he was trading in royalties and naming opportunities these past many years.

Trump Breaks Ground on $200M D.C. Meetings Hotel

Trump to leave his stamp on D.C. | Finance & Commerce

The Trump Organization won a $200 million contract with the federal government to turn it into a luxury hotel with 270 guest rooms and suites, restaurants, retail and a 13,000-square-foot ballroom. Trump hopes the renovation will be finished in mid-2016, before the next presidential election.

Mirror mirror on the wall, who is paying for this all?!

burnside wrote:

In some ways he reminds me of Trump.
People think of him as a shell of a human being and something of a buffoon, and then things don't work out as they'd planned.

You mean the people who keep lending The Donald money?

Hey, it's working for Chinese SOEs!

Except when it comes to you blindly and desperately swallowing anything that points in some direction besides Russian involvement, then there is an unlimited supply of trust (though precious little rational thought). From you we have had a series of increasingly incoherent and contradictory set of links which assert it was a hoax, it was real but the work of Israeli agents, the work of Ukraine, etc. etc. etc.

But you are a loyal servant if nothing else, carry on.

Bubblisimo Gerkinov wrote:

Putin mancrush hour?

Rather than question everything, let's gullibly tout anything that would absolve Poutine, regardless of how illogical, contradictory or questionable the source may be...

Veterans Today … MH17 HOAX: Crash Scene Evidence Reveals No Boeing-777 Engine

So which is it - a hoax or whaat? 'Cause this is the same source you find so credible...

The world is much than your simple prism of left/right, shill - that reference was personal, and outside the political sphere - rather to do with manning up.

edit: or more properly, the abject failure to do so.

Rob Dawg wrote:

Krugman admitted his editors failed to make clear he was not being comprehensive.
About as close as you better expect.

There are others here who do much worse.

Airport is still open though, with some screening going on (will capture symptomatic cases but not prior to symptom onset).

bearly wrote:

If moving HQs increases profits or keeps them competitive with their peers then it's their fiduciary duty to move.


bearly wrote:

Ummm, it's the law.

fiduciary duty <> maximizing shareholder return

Cinco-X wrote:

They'll find a way to snatch defeat from the jaws of victory...

Hey now - that's Blue Team thinking! Snark

justaskin wrote:

maximizing returns for shareholders.
the Wall Street version of "it's for the children"

New Keyboard Yes, another fairy tale for the marks.

justaskin wrote:

you can think of it in terms of a wildfire......fuel, conditions, fire-fighting resources

Mathematical modeling can also provide some insight in potential scale, using what are essentially the parameters you describe.

Another look at the case counts:
VDU's blog: Ebola Virus Disease (EVD) 2014 West African outbreak..

Only thing I am sure of is that this is a humanitarian crisis that is a long ways from over.

LONDON (AP) -- An international court on Monday ordered Russia to pay more than $50 billion to the former majority shareholders of now defunct oil company Yukos, ruling that the state engaged in a ruthless campaign to destroy what was once the country's biggest oil producer.

In one of the biggest such cases ever, the Permanent Court for Arbitration in the Hague, Netherlands, determined Russia was not acting in good faith to collect taxes when it leveled massive claims against Yukos in 2003, even though some of the company's tax arrangements might have been questionable. The tax case led to the imprisonment of Yukos CEO Mikhail Khodorkovsky and has been widely seen as retaliation for his support of opposition political parties.

justaskin wrote:

worrying about getting struck by lightning shouldn't occupy more than a small fraction of your time

Look at those funny clouds... :cumulonimbus:

Just escaped form behind The Orange Curtain.
Boy do we live on a crowded, hot, cop ridden planet.

Glad to see you made your escape, ag.

Did you see the Hamilton paper I linked recently? Baby steps from your POV I'd guess, but directionally correct.

paper again:

Yoringe wrote:


Who is responsible for the MH17 tragedy? - Opinion - Al Jazeera English

This war would have never happened had the Kremlin refrained from punishing Ukraine for the ousting of President Viktor Yanukovich after months of a bloody standoff between pro-democracy protesters and riot police in Kiev last winter.

There was no pro-Russian movement to speak about in Crimea and southeast Ukraine up until March this year. There was nothing like massive Albanian demonstrations in the Yugoslav-controlled Pristina, no history of national uprisings as in Poland or sectarian violence as in Northern Ireland, no singing revolution as in Estonia. There were no liberation leaders like Ibrahim Rugova or Dzhokhar Dudayev.

Politicians who proclaimed the creation of Donetsk and Luhansk "people's republics" are nobodies who emerged from nowhere - a soap factory owner, a financial pyramid scheme operative and a Santa impersonator with links to an openly fascist Russian movement. They were eventually elbowed out by Russian nationals with no links to eastern Ukraine whatsoever.

Ebola outbreak spreads to fourth country - CBS News

ABUJA, Nigeria -- West Africa's current Ebola outbreak has spread to a fourth country, after an ill Liberian man vomited, had diarrhea and a high fever on an airplane to Nigeria.

As soon as the plane landed on Tuesday the 40-year-old Liberian was moved into an isolation ward and he died Friday.

It is the first case of Ebola to be confirmed in Nigeria, Africa's most populous country, since the current outbreak began in West Africa earlier this year, according to Nigerian Health Minister Onyebuchi Chukwu.

Leapfrogging Cote d'Ivoire, Ghana, Togo and Benin... most likely an isolated case.

The Hamilton paper "The Changing Face of World Oil Markets" is outstanding IMNSHO, pretty much a must read - and very readable for work by an academic:

Take a look at Figure 4 on page 20, and Figure 11 on page 27 in particular

burnside wrote:

Did everyone note that the Kiev coalition government has collapsed?

Loosen up a bit on those pearls you are clutching there, burnside.

Rob Dawg wrote:

Notice averages, not means.

Medians. Averages are means.

Last month, Khan told Reuters that he was aware of the risk of himself contracting the disease, which kills up to 90 percent of those infected. "I am afraid for my life, I must say, because I cherish my life," he said. "Health workers are prone to the disease because we are the first port of call for somebody who is sickened by disease. Even with the full protective clothing you put on, you are at risk."

Nurses treating Ebola at the Sierra Leone government hospital have been on strike since Monday. Three fellow nurses are believed to have died of the virus, the BBC reports.

VDU's blog: Ebola Virus Disease (EVD) 2014 West African outbreak..

JP wrote:

burnside wrote:

It's not 1977.

New Keyboard

JP wrote:

BTW Those aren't particularly small revisions.

So are those busted sales then? (contract entered, but sale process fails for whatever reason)

Yoringe wrote:

Whistleblower: U.S. Satellite Images Show Ukrainian Troops Shooting Down MH17 | Global Research

Michel Chossudovsky - Wikipedia, the free encyclopedia

In 2001, Chossudovsky founded the Centre for Research on Globalisation (CRG), located in Montreal, Canada, becoming its editor and director. It is "committed to curbing the tide of globalisation and disarming the new world order".[6] CRG maintains websites in several languages, including the English-language, which are critical of United States foreign policy and NATO as well as the official explanation of the September 11 attacks in 2001 and the war on terror. He said that the Free Syrian Army was created by NATO.[7] Chossudovsky also claimed that deaths of protesters in the Maidan Square in Kiev were "triggered by Neo-Nazi elements", used "to break the legitimacy of a duly elected government."[8] He is a favoured commentator at Russia Today.[9] His opinion is regularly asked for by Press TV.[4][5][6]

At the time of the Kosovo war Mike Karadjis accused Chossudovsky of setting out a 'meticulous frame-up', 'full of half-truths, assumptions, and innuendoes about the Kosovo Liberation Army's alleged use of drug money', seeking to discredit the KLA.[10]In his book Bosnia, Kosova, and the West, Chossudovsky is referred to as a noted 'apologist for the Milošević regime'.[11]