Gas prices have come down a bit recently, but it's not hard to remember the over $4 a gallon gas prices of just a few weeks ago. At the time, I wrote that I (and some others) suspect that these occassional spikes in oil and gas prices were due to speculators, particularly hedge funds and … Continue reading Government Tax Breaks for People Who Speculate in Oil Futures
Day: July 16, 2011
China’s Challenge
A decent article in the LA Times about the challenges facing the Chinese: China tries to put brakes on overheated economy - How well China succeeds in slowing its economy without triggering a slump holds enormous consequences for the rest of the world economy. The essence is that the Chinese economy, which has been … Continue reading China’s Challenge
EconProph 