Month: May 2015

Just before the financial crisis, peak oil was a hot topic.  The theory was that demand for oil had permanently outstripped supply and that the commodity would only increase in value going forward as supplies dwindled.  Talking heads raced to plant the highest price target as it shot up to…

The silver lining in the European financial crisis is how the names of the various countries involved lend themselves so well to plays on words.  Portugal, Italy, Ireland, Greece, and Spain were collectively PIIGS.  Greece has had the highest profile of all the PIIGS, but I’m not sure if that’s…