PDF:what-matters-crude-oil-price-chart
A global economic cooldown is more and more likely with the United States and many countries of the European Union already in or close to a recession. The global financial crisis sparked by the burst of the housing bubble in America spreads hysteria, fear and confusion around the world. Stock markets around the world have [...]
Entries from October 2008
October 20, 2008
OPEC’s plan to cut oil output to keep prices from falling emphasizes the urgency for the western world to get independent from the cartel
October 13, 2008
How I gained 16.6% in three days while stock markets crashed
Markets are extremely volatile at the moment. In recent days, stock markets all around the world plunged. We’re seeing the worst market since the Great Depression. The Japanese Nikkei index lost a quarter of its value within 3 days (and didn’t yet recover because today is a public holiday in Japan and therefore, the Tokyo [...]
October 7, 2008
Can things get worse despite the € 1 trillion guarantee?
The economic outlook not only for the United States, but also for Europe and the rest of the world has become bleaker recently. During the last few weeks, things have changed dramatically. The era of investment banks is over with Goldman Sachs and Morgan Stanley having changed their status voluntarily. We saw some banks fail, others being taken [...]
October 4, 2008
This car is hot! – Tesla Motors’ electric sportscar
updated version on my new blog:
http://www.whatmattersweblog.com/2009/03/29/this-car-is-hot-tesla-motors-electric-sportscar/
Nowadays, almost everybody is talking somehow about energy issues. Be it the majority of drivers squeezed at the gas pump or environmentalists worrying about the consequences of our exuberant energy consumption: greenhouse gas emissions and global warming. Others worry about the threat our dependence on oil imports poses to our [...]