Friday, January 25, 2008
Worse to come for economy, warns Brown
There is worse to come for the world economy and banks have been guilty of underpricing risk and undertaking too much off balance sheet activity, Gordon Brown said. Click on the Guardian for more info...
Thursday, January 24, 2008
US Gov move fast to hold off full-blown recession
Just how bad is this?
But when a government is willing to give regular payments of "$300 to $1,200 per household, and more for families with children, plus provide tax incentives for businesses to encourage spending" you can bet your ass things are VERY bad.
Now is the time to wonder, is the bank the best place to have your savings? Especially when bank employees can do this
But when a government is willing to give regular payments of "$300 to $1,200 per household, and more for families with children, plus provide tax incentives for businesses to encourage spending" you can bet your ass things are VERY bad.
Now is the time to wonder, is the bank the best place to have your savings? Especially when bank employees can do this
Wednesday, January 23, 2008
Irish Auctioneers & Valuers Institute (IAVI) "The worst is over"
The IAVI Property Survey 2007 states and I quote...
overall, I would say to people that the market is beginning to stabilise. The worst is over.
It goes onto to say... "The IAVI is predicting further average price falls of around 4.1% in Dublin in 2008, with falls of around 3% in the rest of the country." The full article is available here, I sense claims such as the above could come back and bite the IAVI hard as nobody can call the overall property market.
Tuesday, January 22, 2008
Wicklow council in court over illegal dumping accusations
Wicklow County Council has been added as a defendant to a €30 million lawsuit, amid allegations that the local authority used one of the largest illegal dumps in the country.
The council is facing High Court proceedings in relation to the Whitestown landfill near Donard in west Wicklow. During a preliminary hearing last month, Mr Justice Clarke told agents for the council that it had a serious case to answer in relation to the illegal dump.
Read on...
The council is facing High Court proceedings in relation to the Whitestown landfill near Donard in west Wicklow. During a preliminary hearing last month, Mr Justice Clarke told agents for the council that it had a serious case to answer in relation to the illegal dump.
Read on...
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Thursday, January 17, 2008
Yikes does George know the game is up with respect to oil production?
If they don't have a lot of additional oil to put on the market, it is hard to ask somebody to do something they may not be able to do.
Watch the ABC Interview with Mr. Bush in Riyadh Saudi Arabia
Read the article here
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More Housing Doom
Many experts are now predicting that home prices will dip 30% by the end of 2008. That means that nearly 20 million homeowners (USA) will be “upside-down”, that is, they will owe more on their mortgage than the current value of the house.
Read on...
Read on...
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Monday, January 07, 2008
Presentation for the Sceptical Peak Oil Observer
This presentation was given to the Dail Joint Committee On Communications, Marine and Natural Resources almost 4 years ago
Click here for the presentation
Click here for the presentation
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Wednesday, January 02, 2008
Brown warns of a bleak year - yikes!
In a strong warning, which sets the backdrop for a campaign to revive his premiership, Brown tells Britain to prepare for 'global financial turbulence' in 2008. He says that '2008 will be the decisive year of this decade.
Read full article
Read full article
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