Entries from October 2009

October 31, 2009

debt, oil and renewables [by Maximilian Staedtler]

download U.S. debt chart: http://www.whatmattersweblog.com/wp-content/uploads/2009/10/us-gross-debt-1910-2010.pdf

In recent years, the U.S. turned to cash-rich China to finance its enormous budget deficit. Few believe that China made a good investment. And yet, China keeps lending money to America for one simple reason: if it refused to do so, the U.S. dollar would nosedive and wipe out the value of [...]

October 17, 2009

the next oil price spike is ahead…

from my new blog:
and again, oil prices are heading up…. updated oil price chart (WHAT MATTERS WEBLOG)
(http://www.whatmattersweblog.com/2009/10/16/and-again-oil-prices-are-heading-up-updated-oil-price-chart/)

October 5, 2009

General Motors goes electric in India

Yes, GM is teaming up with Indian electric car maker REVA to produce an electric version of the Chevrolet Spark for the Indian market.
Read more on my new blog:
http://www.whatmattersweblog.com/2009/10/05/gm-goes-electric-in-india/