Category Economy

Topics related to economic conditions and statistics, competition, jobs, growth, regulations, etc.

Gasoline And Oil Prices

Proven world oil reserves, 2009 Below is a 72-month chart from GasBuddy.com illustrating the price of gasoline per gallon and the price of crude oil per barrel (WTI, albeit Brent has a greater impact on U.S. gasoline). Source: GasBuddy.com Nevertheless,…

Greek, Spanish, And Portuguese Bank Runs

1886 Bank Run: “The War of Wealth” As Mitch states in his recent blog titled “Greece Public Finances Face Collapse…“, if you have your money in Greek, Spanish, or Portuguese banks, get it out – now.Meanwhile, Niall Ferguson, a Harvard…

Where Does The Money Go?

The Atlantic Magazine has a good article about how people spend their money and how this has changed over the last few decades.  It’s titled “Prices Are People: A Short History of Working and Spending Money” by Derek Thompson.  The…

Truckin’ – Got My Chips Cashed In

Truckin’ – got my chips cashed inKeep truckin – like the doodah manTogether – more or less in lineJust keep truckin on— Grateful Dead, Truckin’ There are many indices to use to gauge economic activity and Coventry League tends to…