Change of Policy

Guest essay by Eric Worrall Instead of coming clean on policy failures, South Australia, the world’s renewable energy crash test dummy, has announced a decision to ditch free markets and assume direct government control of the electricity grid, in an effort to stabilise their self inflicted renewable energy nightmare. SA power: Energy Minister to be […]Continue reading “Change of Policy”

Central America Oil Industry Crisis

Authored by Haley Zarumba via OilPrice.com, As Venezuela’s oil industry goes down it flames, it’s looking like it may just take Cuba down with it. Venezuela, once the crude powerhouse of South and Central America, is no longer able to produce enough oil to sustain its own economy, much less those of other countries. Cuba […]Continue reading “Central America Oil Industry Crisis”

After Fed Failure increase ….

After the Fed failed to spark any notable increase in aggregate demand despite keeping interest rates at zero for seven years, a group of economists is pressuring the central bank to rethink one of its most closely held-policy parameters. The group of 22 economists, which includes Nobel laureate Joseph Stiglitz and former Minneapolis Fed President […]Continue reading “After Fed Failure increase ….”

Iconic Sears Canada Bold Move

The retail apocalypse that has caused the closing of thousands of department stores in the US – not to mention the evaporation of tens of billions of dollars in market capitalization – is moving north: Sears Canada revealed Tuesday that it’s exploring a sale or a possible restructuring as it draws nearer to bankruptcy. In […]Continue reading “Iconic Sears Canada Bold Move”

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