Luke Gromen: Peak Cheap Oil Will Drive The Next Sovereign Debt Crisis. by Chris Martenson The ceiling is the oil price above which the US debt market crumbles. The floor is the minimum price needed to grow oil supplies. The ceiling and the floor are squeezing closer and closer…This was another barn-burner of an interview you won’t want to miss. Luke Gromen: Peak Cheap Oil Will Drive The Next Sovereign Debt Crisis. by Chris Martenson The ceiling is the oil price above which the US debt market crumbles. The floor is the minimum price needed to grow oil supplies. The ceiling and the floor are squeezing closer and closer…This was another barn-burner of an interview you won’t want to miss.
Inflation Or Deflation? Here’s How It Will All End by Adam Taggart Highly-respected market researcher Luke Gromen concludes that we’re living in a unique period of history given that we currently facing three massive threats: the first bursting global sovereign debt bubble in over 100 years the first time in 50+ years that foreign central banks are no longer financing the US economy (i.e., they have stopped growing their holdings of US Treasurys) the US’ long-standing “petrodollar” advantage is eroding as other countries increasingly strike deals to trade key commodities in non-USD currencies As these challenges mount, how will they resolve? Inflation Or Deflation? Here’s How It Will All End by Adam Taggart Highly-respected market researcher Luke Gromen concludes that we’re living in a unique period of history given that we currently facing three massive threats: the first bursting global sovereign debt bubble in over 100 years the first time in 50+ years that foreign central banks are no longer financing the US economy (i.e., they have stopped growing their holdings of US Treasurys) the US’ long-standing “petrodollar” advantage is eroding as other countries increasingly strike deals to trade key commodities in non-USD currencies As these challenges mount, how will they resolve?