Thursday, January 15, 2015

The Colder War

The subtitle is How the Global Energy Trade Slipped from America’s Grasp and the author is Marin Katusa (2014).

From the energy analyst at Casey Research, this book looks at the history of the petrodollar system and how that era seems to be coming to an end. Primarily the focus is on Putin and Russia, and how they have taken a more assertive approach relative to the United States, as well as major steps to control large swaths of important natural resources (namely, oil, gas and uranium). As they have done that, and as countries around the world figure out how to conduct trade in currencies other than the U.S. Dollar (for a whole host of reasons), the U.S. is setting up for a big fall. Basically, if you read anything from the Casey chain of publications, you have heard versions of this song and dance before. Katusa is less bombastic than the other writers in that circle, and this book tries to be more balanced, but in the end it sounds fairly consistent with ground that has been treaded before.

Broken Money

The subtitle is Why Our Financial System is Failing Us and How We Can Make it Better , and the author is Lyn Alden (2023). I feel like I hav...