In this paper Martin is saying not to ignore those who appear to be on the fringe. Gee, is the Economic Edge hanging on the “lunatic fringe,” or is he talking about the people who don’t “do” math and try to solve debt problems with debt? Seems to me the lunatic is clear, but I’ll take it to assume he means us non-tradition thinkers who don’t always buy the mainstream manure.
In this paper he picks up on some of my themes regarding velocity and debt. He clearly explains the difference between what I call real velocity and the velocity created by a loss of confidence. To me they are two different things entirely.
Ukraine Energy situation ( November 25 , 2014 ) -Russia tightens screws on Ukraine by cutting off Russian coal ! Natural gas has gotten the focus , however coal is critically low - at the prest rate 2015 shaping up to be extremely problematic if power plant coal supplies are exhausted by the end of 2014 !
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