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America: Why Aren’t You Protesting?
Posted by Oilprice.com on July 22nd, 2011

As noted by Richard Heinberg on June 22nd, 2011, the media has lacked the ability to connect the economic situations in the Middle East and their uprisings to what is happening in Europe. I would avoid the word “Revolution” in the case of the Middle Eastern uprisings, seeing as no dramatic systemic changes have taken place, only the ousting of dictators.

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economy, taxes, consumer spending, debt, jobs, media, unemployment, America, consumers, Middle East, unions, government spending, United States, disposable income, Richard Heinberg, economic situations, protestors, social upheaval, public sector workers, accumulating debt, wage, industrial sector, Government Statistics

A Bull Market Requires a Healthy Consumer Underneath
Posted by Oilprice.com on March 9th, 2010

A year ago this week the stock market hit its nefarious 666 level on the S&P 500. Since that historic day, we have enjoyed a 68% appreciation in equities from their depressionary low. Not only has the bounce caused a chorus of perma-bulls to claim the worst of the recession is behind us, but also to declare that the bull market is here to stay.

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economy, GDP, credit, inflation, bull market, consumer, loans, commercial banks, Personal Income, income growth, disposable income

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