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by Chris Martenson
A new Martenson Report is ready for enrolled members.
Link – Deep Impact: Why The Deepwater Disaster Spells Serious Trouble

Executive Summary

  • We can say with absolute certainty that future oil exploration and development costs are going to rise.
  • Our date with an oil supply shock now seems probable for the 2011 to 2012 timeframe.
  • A new paradigm is emerging, in which downsizing trumps growth.
  • A permanent energy crunch will lead to higher prices for all things connected to energy.
  • It would not be too strong to suggest that our federal commitment to energy efficiency is a farce. 
  • In terms of personal planning, do not take anything for granted.
  • While I am not sure how this will play out yet, I am quite comfortable stating that the age of abundance is drawing to a close.
Deep Impact: Why The Deepwater Disaster Spells Serious Trouble
by Chris Martenson
A new Martenson Report is ready for enrolled members.
Link – Deep Impact: Why The Deepwater Disaster Spells Serious Trouble

Executive Summary

  • We can say with absolute certainty that future oil exploration and development costs are going to rise.
  • Our date with an oil supply shock now seems probable for the 2011 to 2012 timeframe.
  • A new paradigm is emerging, in which downsizing trumps growth.
  • A permanent energy crunch will lead to higher prices for all things connected to energy.
  • It would not be too strong to suggest that our federal commitment to energy efficiency is a farce. 
  • In terms of personal planning, do not take anything for granted.
  • While I am not sure how this will play out yet, I am quite comfortable stating that the age of abundance is drawing to a close.
by Chris Martenson

It was recently announced that the Fed planned to re-open lines with other central banks, allowing them to swap for dollars.  We’ve been down this path before.  I want to review what happened last time, because if that pattern repeats, we are about to begin a brand-new stage of financial system stress and stock market losses.

To begin, you should review this article I wrote on September 25, 2009, which describes currency swaps and does a post-mortem on the relationship between dollar swap volumes and strength in the US dollar index.  The correlation was pretty tight.

Here’s the primary image from that article with some of the text that followed it:

Currency Swaps Spell Trouble?
PREVIEW by Chris Martenson

It was recently announced that the Fed planned to re-open lines with other central banks, allowing them to swap for dollars.  We’ve been down this path before.  I want to review what happened last time, because if that pattern repeats, we are about to begin a brand-new stage of financial system stress and stock market losses.

To begin, you should review this article I wrote on September 25, 2009, which describes currency swaps and does a post-mortem on the relationship between dollar swap volumes and strength in the US dollar index.  The correlation was pretty tight.

Here’s the primary image from that article with some of the text that followed it:

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