What’s the biggest sign that economic trouble is on the way? That’s easy – the disappearance of low-cost energy. In part I (public) we cover the German experience with their self-inflicted wounds of depriving themselves of reliable, low-cost energy.
It’s predictably bad.
Well, predictably for those who have a good pair of energy goggles firmly installed on their face. Sadly, politicians and central bankers and related Ivy League strap-hangers-on seem to have zero clue about the most important variable of them all: energy.
So we make the connection for you.
This then feeds into my analysis in Part II (for members) where I make the call – by October reality sets in good and hard. Stock markets are operating on fumes here (be sure to see the Paul Kiker OTC-style Daily Take that was released today – it’s a great conversation about the state of the consumer and the stock market).
As always, be sure to comment early and often – we need everyone’s inputs (especially anecdotes from your area) to feel our way through this mess.
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by samhoo 
