tag:blogger.com,1999:blog-6616959642391988608.post694868159516288621..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Rosenberg's Six Walls of WorryScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-6616959642391988608.post-60215210908022351242011-01-12T21:17:06.122-08:002011-01-12T21:17:06.122-08:00Well written and balanced set of views. I would a...Well written and balanced set of views. I would add that we did see a self-correcting force in energy prices at $140/bbl because when gasoline in the US hit $4 miles driven dropped for the first time in a long time. <br /><br />In aggregate the demand for energy and oil may never go down but our efficiency always gets better. Higher prices just accelerate the trend. I don't think it resultsKris Tuttlehttps://www.blogger.com/profile/16661982356619943285noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-52492381369941003642011-01-11T09:21:59.587-08:002011-01-11T09:21:59.587-08:00BTW-
Just an idea here.
Okay, John Taylro gushed...BTW-<br /><br />Just an idea here.<br /><br />Okay, John Taylro gushed about Japan's use of QE. And, when Japan ceased QE, they sank back down into perma-recession, and deflation.<br /><br />Is it possible that Japan must sustain QE operations to maintain prosperity? <br /><br />Why would the USA be so different?Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-69186603162521061822011-01-11T09:06:48.946-08:002011-01-11T09:06:48.946-08:00What is remarkable about the USA's dramatic in...What is remarkable about the USA's dramatic increase in the efficient use of oil is that most of the increase occurred at a time of cheap oil--but even with mild incentives, the private-sector just gets better and better at everything it does (in stark contrast to the public sector--think Post Office, USDA or Pentagon).<br /><br />A high price regime will result in incredible private-sector Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-72367579547623389552011-01-11T04:51:54.042-08:002011-01-11T04:51:54.042-08:00Rosenberg a long long time ago
said you should nev...Rosenberg a long long time ago<br />said you should never marry your forecasts<br />....over the last couple of years<br />he has chosen to wear a wedding dress....broderohttps://www.blogger.com/profile/12296214283216386700noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-44271413086663266032011-01-10T22:16:02.438-08:002011-01-10T22:16:02.438-08:00Your two charts on oil consumption per Unit of out...Your two charts on oil consumption per Unit of output and energies share of personal consumption actually prove that the output per unit of oil for consumers has no relation to cost.<br /><br />The unit of output has increased significantly while the cost as a % of income for consumers has barely budged in 40 years.<br /><br />Since our economy is 70% consumer based I would say the average personPublic Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-9388942497908075222011-01-10T22:14:35.397-08:002011-01-10T22:14:35.397-08:00This comment has been removed by the author.Public Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-3083476502628726602011-01-10T19:11:27.240-08:002011-01-10T19:11:27.240-08:00addendum: I regularly read Rosenberg's though...addendum: I regularly read Rosenberg's thoughtful views although with so many accessible viewpoints over the Internet it's hard to choose a dance partner!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-13637478619723305762011-01-10T19:08:20.757-08:002011-01-10T19:08:20.757-08:00I appreciate you addressing divergent views.I appreciate you addressing divergent views.Anonymousnoreply@blogger.com