united states

Don’t Count Your North Korean Chickens Before They’re Hatched

Leave a Comment / Asia / By

A few weeks ago, I was telling a few thousand of my “closest friends” on Facebook that you can’t count your North Korean chickens before they hatch. North Korea has a long history of provoking the West with Nuclear threats then backing down in exchange for “concessions” and a “Treaty”. Typically this means a cash bribe from the West in exchange for a worthless promise from North Korea.  After a while the Treaty gets broken and the cycle repeats itself.  

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Oil in USA

Clean Oil That Only Costs $20 per Barrel?

Leave a Comment / Oil / By

Oil production has risen by 5 million barrels per day (bpd) since 2010, an increase of nearly 100 percent. New technology, particularly techniques in shale oil drilling, has opened up vast new opportunities for oil and gas companies.

The proof is in the numbers. In 2017, the United States averaged 9.3 million bpd. This year, the EIA predicts that U.S. oil and gas production will reach record levels, averaging 10.3 million barrels bpd to surpass the record reached in 1970 (9.6 million bpd).

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What Happened with the U.S. Ratings Downgrade Problem?

Economic Trends, Government / By

Was the U.S. Ratings Downgrade from AAA to AA in 2011 a Problem? Before Standard & Poor’s cut the United States’ credit rating last summer, few economists or politicians believed that the United States could ever lose its gold-standard AAA rating. As a stable, vibrant democracy backed by a strong military, it was inconceivable that

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