tag:blogger.com,1999:blog-11719208.post6035508053926832695..comments2023-11-05T04:36:14.223-08:00Comments on The Mess That Greenspan Made: "Pixel money" for highway improvementsTimhttp://www.blogger.com/profile/16530974968126497397noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-11719208.post-24999339128927200462008-12-09T01:17:00.000-08:002008-12-09T01:17:00.000-08:00Kunstler is such an idiot.Capital isn't vanishing ...Kunstler is such an idiot.<BR/><BR/>Capital isn't vanishing any more than successful bank robbers destroy capital after a heist.<BR/><BR/>Capital is being looted perhaps, but not destroyed, and if Shadow Stats is to be believed the M3 curve of USD supply over time has actually been rather flat recently. <BR/><BR/>We've got 10 years of oil, plus Canada has got another 30 years of swing supply in its oil sands provided we can build some nukes up there to help with the cracking process.<BR/><BR/>Having lived in Japan I agree about the railroads of course. What we have is worse than a national disgrace. . . . the rail systems I've seen make the USPS level of customer service esthetics look like the chic W hotel chain.Unknownhttps://www.blogger.com/profile/12592207825094726008noreply@blogger.comtag:blogger.com,1999:blog-11719208.post-49685891613874672052008-12-08T16:05:00.000-08:002008-12-08T16:05:00.000-08:00Traders are going to be especially bullish on oil ...Traders are going to be especially bullish on oil if OPEC announces a production cut later this month.Anthony Alfidihttps://www.blogger.com/profile/11420163177787702821noreply@blogger.com