Figure 5 shows indicated per capita energy consumption, based on Figure 4. It is clear that energy consumption per capita has already started shrinking, and is expected to shrink further. The last time that happened was in the Great Recession of 2007-2009. Figure 5. World energy consumption p...
The average shopper spent over $900 in 2016 on Black Friday and expected to spend nearly $1,000 this year. Black Friday sales declined only once in recent years. It was 2008 during the Great Recession. Only 263,820 seasonal workers were hired in 2008 – staggering low compared to the rec...
An equally common public reaction is skepticism — and often surprise — that the declaration of US recessions is left to the judgment of a panel of economists based on a variety of indicators. “I thought a recession was defined as two negative quarters of GDP growth.” The US is not qui...
aBut this particular recession was triggered by a financial crisis that damaged the financial system's ability to channel savings to productive investment and left consumers and businesses struggling with surplus buildings,equipment and debt accumulated in the boom. 但这特殊后退由损坏财政系统的能力开辟储...
The term dates back to the Cold War. It was the label given to a tactic perfected by Soviet propagandists. If Western critics blasted Moscow’s crimes in Afghanistan, the persecution of dissidents, or the horrors of the Gulag, trained Soviet flacks would respond with knee-jerk “whataboutis...
Haikouichthys is one of the primordial fish. It had a distinct head and tail, and its body was bilaterally symmetric, with the left side mirroring the right. It had two eyes and a mouth on its head. Answer and Explanation:1 The answer is the Devonian period. ...
Hillary was to protect their monopoly. Big Government. Globalism. Open-Borders. Climate-Change. Trade Deals. Cheap Labor. Pay-to-play schemes – all funneled through the Clinton Foundation. All of it on the line. Oh, and why was the Federal Bureau of Matters never given access to the ...
2009 Annual Report A LETTER FROM THE CHAIRMAN Dear IBM Investor: When I wrote to you a year ago, the global economy was experiencing profound disruption. The financial system was freezing up. Many companies and entire industries were pulling in their horns, hoping simply to ride out the storm...
So as I was driving down I-82 to the tri-cities this past Sunday (yes, to get Texas Roadhouse, you can read my thoughts about that here), I was almost involved in a wreck. I would say accident, but there was nothing accidental about it. Someone in front of me slowed way down, ...
Inlast week’s post on dynamic withdrawal rates, one of the withdrawal rules we actually liked quite a bit was based on theShiller CAPE ratio. One disadvantage of any such rule: The CAPE is at a high level by historical standards, 29.30 to be precise as of this morning (March 22, 2017...