[VMarcHart]

$this->bbcode_second_pass_quote('AirlinePilot', 'T')oo low price ... implies a significantly reduced consumption of the resource.

[GoghGoner]

If you compare the fall in the price of oil to the fall in the price of corn, you have a 55% drop in oil prices and a 50% drop in corn prices during a similar time frame.

Gold prices have dropped 26%.

It seems like money is disappearing creating a freefall in commodity prices. I do expect the fall in oil and fall in gold to balance out, whether that means oil will rise or gold will fall, I don't have a clue.

[AirlinePilot]

$this->bbcode_second_pass_quote('VMarcHart', '')$this->bbcode_second_pass_quote('AirlinePilot', 'T')oo low price ... implies a significantly reduced consumption of the resource.

[Pops]

Yea, I know that title was a tease, but I just saw some new papers from John Ikerd I thought I'd share.
He's an ag economist who's been writing about PO peripherally for quite some time but is really hitting it and GW hard in his old age. He blends it in seamlessly with his old rants about ag chemicals, CAFOs, corporate monopolies and the role of small farms, grass farming, local food, small towns, etc. as a path to sustainability and food security.
You'd think he'd been lurking here...

Small Farms in the year 2050

http://web.missouri.edu/~ikerdj/papers/

Podcast Interview from Home Sweet Farm

[Ludi]

Doesn't he know all farming will be done in skyscrapers?

[blukatzen]

$this->bbcode_second_pass_quote('Ludi', 'D')oesn't he know all farming will be done in skyscrapers?

[deMolay]

This is the original economist to predicted oil at over $100/barrel. He thinks Peak Oil is so big he quit his Big Job and wrote a book to warn people of the consequences. http://www.thespec.com/News/Business/article/538631#

[bencole]

$this->bbcode_second_pass_quote('deMolay', 'T')his is the original economist to predicted oil at over $100/barrel. He thinks Peak Oil is so big he quit his Big Job and wrote a book to warn people of the consequences.

[wisconsin_cur]

$this->bbcode_second_pass_quote('bencole', 'A')lso shows the difference between a Canadian bankster and an American Bankster, one quits in protest to speak out on something like peak oil, the other takes a bailout and a bonus to maintain the status quo.

[bencole]

$this->bbcode_second_pass_quote('wisconsin_cur', 'B')ased upon one example? Is this a case of Canadian logic?

[wisconsin_cur]

Almost all? Actually I believe the data is protected (not that I am happy about that) and we do not know how many banks have. Is that a case of Canadian research?

Oh and much of the money has been paid out to foreign banks to pay for our bad bets. Is this an example of Canadian gratitude? And what does it really matter to you how we destroy our country? Is this a case of the Canuk-man's burden?

[wisconsin_cur]

Let me be clear, I am more than happy to accept whatever the de-regulated financial services market of the United States may deserve for this crisis. But lets keep the moralizing "Our bankers are more righteous that yours" in the manure pile where it belongs.

One case does not prove a trend. Does Matthew Simmons prove that American oilmen are more righteous than Canada's? No. It is an assertion that cannot be proven or falsified.

Canada has different regulations and perhaps we could have a nice enlightening conversation about the costs and benefits of the American and the Canadian model. We might even decide, after conversation not on a couple of assumptions, that one is better than the other. Heck, we might say the Canadian system is better and one that should serve as a model, but that does not mean that one group is more upright than the other.

If we could than I would just re-tort that american bus riders are more mentally stable then Canadian bus riders. CNN After all, we only need one case right?

[bencole]

$this->bbcode_second_pass_quote('wisconsin_cur', 'A')lmost all? Actually I believe the data is protected (not that I am happy about that) and we do not know how many banks have. Is that a case of Canadian research?

[sameu]

if even economists start writing books about peakoil the end must be very nearby

[wisconsin_cur]

And I can admit when I make a logical fallacy; the pointing out of which was my entire point. Can you?

Oh, you may lend money to the government (which says something about your judgment not your generosity) and is not the subject of this current crisis.

But the money we are supporting our banks so they can pay back were bets not loans. Our banks lost the bets to the other banks but they were all gamblers.

[ReverseEngineer]

$this->bbcode_second_pass_quote('wisconsin_cur', 'B')ut the money we are supporting our banks so they can pay back were bets not loans. Our banks lost the bets to the other banks but they were all gamblers.

[bencole]

$this->bbcode_second_pass_quote('wisconsin_cur', 'B')ut lets keep the moralizing "Our bankers are more righteous that yours" in the manure pile where it belongs.

[wisconsin_cur]

$this->bbcode_second_pass_quote('ReverseEngineer', '')$this->bbcode_second_pass_quote('wisconsin_cur', 'B')ut the money we are supporting our banks so they can pay back were bets not loans. Our banks lost the bets to the other banks but they were all gamblers.

[ReverseEngineer]

$this->bbcode_second_pass_quote('wisconsin_cur', ' ') Sure all loans are "bets" but that does not mean that all bets were loans. Unless you really expect me to buy that there is no difference between credit default swaps, a morgague (never could remember how to spell that word), the roulette wheel and my telling a neighbor that they can pay me for the eggs next time I see them.

[wisconsin_cur]

$this->bbcode_second_pass_quote('bencole', '[')b]Also shows the difference between a Canadian bankster and an American Bankster, one quits in protest to speak out on something like peak oil, the other takes a bailout and a bonus to maintain the status quo.