Oil, Dollars, Debt, and Crises

Oil, Dollars, Debt, and Crises
Author: Mahmoud A. El-Gamal
Publisher: Cambridge University Press
Total Pages: 232
Release: 2010
Genre: Business & Economics
ISBN: 0521720702

This book explains the links between past and present oil crises, financial crises, and geopolitical conflicts.

Oil, Dollars, Debt, and Crises

Oil, Dollars, Debt, and Crises
Author: Amy Myers Jaffe
Publisher:
Total Pages:
Release: 2010
Genre:
ISBN:

Oil, Dollars, Debt, and Crises studies the causes of the current oil and global financial crisis and shows how America's and the world's growing dependence on oil has created a repeating pattern of banking, currency, and energy-price crises. Unlike other books on the current financial crisis, which have focused on U.S. indebtedness and American trade and economic policy, Oil, Dollars, Debt, and Crises shows the reader a more complex picture in which transfers of wealth to and from the Middle East result in a perfect storm of global asset and financial market bubbles, increased unrest, terrorism and geopolitical conflicts, and eventually rising costs for energy. Only by addressing long-term energy policy challenges in the West, economic development challenges in the Middle East, and the investment horizons of financial market players can policy makers ameliorate the forces that have been causing repeating global economic crises.

Oil, Dollars, Debt, and Crises

Oil, Dollars, Debt, and Crises
Author: Mahmoud A. El-Gamal
Publisher: Cambridge University Press
Total Pages: 232
Release: 2010
Genre: Business & Economics
ISBN: 0521896142

This book explains the links between past and present oil crises, financial crises, and geopolitical conflicts.

The Dollar Meltdown

The Dollar Meltdown
Author: Charles Goyette
Publisher: Penguin
Total Pages: 250
Release: 2009-10-29
Genre: Business & Economics
ISBN: 1101149043

"America's debt is a powder keg about to blow, and the fuse was lit by the rush of bailouts and stimulus spending." Is your money inflation-proof? It had better be. On the heels of the most recent economic crisis, America is headed toward another: high inflation and dollar devaluation. Charles Goyette reveals the governmental errors that led to the current economic crisis and the bumpy road ahead. The signs are clear: Federal debt is compounding while growth has stalled, and America's foreign creditors are questioning the dollar's reserve currency status. Meanwhile, the "hidden" federal debt, much larger than the official debt, makes things even worse. So what can you do to safeguard your assets when the dollar heads south? This book is the essential guide for protecting yourself--and even profiting--in this time of financial turbulence. In clear detail, Goyette explains the alternative investments--from gold and silver to oil and agriculture-- that will remain strong in the face of mounting inflation. The Dollar Meltdown gives you the tools to maintain the value of your savings and captilize on the coming opportunities. Don't get left holding the bag after decades of government irresponsibility. The Dollar Meltdown shows you how to take the safety of your finances into your own hands.

The Oil Factor

The Oil Factor
Author: Stephen Leeb
Publisher: Business Plus
Total Pages: 187
Release: 2004-02-12
Genre: Business & Economics
ISBN: 0759509816

A storm is coming, a turbulent new era in which oil prices will soar and inflation will sky-rocket. In this important new book, two leading financial strategists show you how to ride out the tempest while still capturing impressive investment returns... It's the oil, stupid. For the last thirty years, the price of oil has been the single most important determinant of the world economy. But now most geologists concur that the planet's supply of cheaply extractable oil, the traditional fuel that powers growth, will shortly be overtaken by demand. In the coming global turbulence, oil prices will top $100 a barrel, helping push inflation well into double digits and even posing a risk of intermittent deflation. The result will be an economy more rocky and a stock market more volatile than ever before. Fortunately, experts Stephen Leeb and Donna Leeb provide a road map that will guide you through the worst of it-and point the way to financial success. With the help of their "all season" Oil Indicator, they'll show you how to choose the right investments for any market environment, guiding you toward portfolios that prize real assets. Among the crucial lessons you'll learn: Why oil and natural gas stocks should be core holdings in every investor's portfolio Why a cautious buy-and-hold strategy is a sure money loser and why conventional "safe" stocks are really the riskiest Why gold may be on the verge of a historic bull run How the global oil wars make defense stocks a premium buy Where to find the surest bets in the burgeoning field of alternative energy How to profit from real estate without actually owning any. With its hands-on advice and savvy stock recommendations, which offer an alternative to staying in pre-inflation-era positions and risking portfolio meltdown, The Oil Factor promises to be the indispensable financial advice guide of the decade.

Global Waves of Debt

Global Waves of Debt
Author: M. Ayhan Kose
Publisher: World Bank Publications
Total Pages: 403
Release: 2021-03-03
Genre: Business & Economics
ISBN: 1464815453

The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.

Monetary Policy and Crude Oil

Monetary Policy and Crude Oil
Author: Basil Oberholzer
Publisher: Edward Elgar Publishing
Total Pages: 389
Release: 2017-07-28
Genre: Business & Economics
ISBN: 1786437899

The global crude oil market is critically important in many respects. It is the fuel that drives the global economy and, as such, is the focus of climate policies. Moreover, crude oil is the basis of a tradable financial asset. It is therefore connected to several outstanding macroeconomic developments of recent years, including financial market fluctuations, the financial crisis and the exceptional conduct of monetary policy. This book investigates the impacts of monetary policy and the financial system on the global crude oil market. Furthermore, it outlines how monetary policy may also be used to guarantee stability and to contribute to ecological sustainability.

The misunderstood crisis

The misunderstood crisis
Author: Maarten van Mourik
Publisher: L'artilleur
Total Pages: 104
Release: 2014-01-15
Genre: Social Science
ISBN: 2810005931

"Bank collapses, the sub-prime crisis and state debts running out of control – since 2008, experts and politicians have defined the economic crisis as a derailment of the financial system. Governments, without hesitation, instituted emergency bank bailouts and numerous other measures to revive the ailing economy. Five years on, the recovery is, at best, faltering and, at worst, illusory. In this timely and thought-provoking book, Dutch oil industry experts Maarten van Mourik and Oskar Slingerland argue that the crisis has been falsely diagnosed. They make a compelling case that energy, rather than the financial system, lies at its root. In 2006, by analysing industry data, they correctly predicted steep oil price rises and the economic shock that would follow. Using the same data, they now argue that the era of cheap oil is over, and with it our prospects for long-term growth. The situation should trigger a radical change of our economic and production models, yet western governments have failed to grasp the challenge. If nothing changes, the book argues, we will be heading further into deep trouble. ".

The Status of World Oil Reserves and Implications for the Gulf

The Status of World Oil Reserves and Implications for the Gulf
Author: Amy Myers Jaffe
Publisher: Emirates Center for Strategic Studies and Research
Total Pages: 13
Release: 2011-04-21
Genre: Antiques & Collectibles
ISBN: 9948143957

For decades, experts have been debating the timing of a peak in the discovery and production of conventional oil reserves. In 1998, geologist Colin Campbell predicted that global production of conventional oil would begin to decline within ten years. His forecast, commonly referred to as Peak Oil, was endorsed and elaborated by many respected geologists and commentators. At the heart of most predictions of peak oil is a prediction made by Marion King Hubbert in 1956. In the mid-1950s, Hubbert used a curve-fitting technique to correctly predict that US oil production would peak by 1970. The so-called Hubbert curve is now widely used in the analysis of peaking production of conventional petroleum. “Peak oil” is the term used today to describe the situation where the rate of oil production reaches its absolute maximum and begins to decline. We suggest further that artificial and geopolitical barriers to resource exploitation in the Middle East, by creating a temporary scarcity premium, has hastened technological innovation in unconventional resources at a time when resource abundance still remains a strong feature of the world energy market. Moreover, the higher oil prices rise and the longer they remain high, the faster the pace of technology development and substitution will be, irrespective of the stage of depletion world oil markets are experiencing. Thus, rather than reap ever higher returns for their remaining conventional resources, Middle East producers may find themselves facing increasing competition for market share with unconventional supplies of oil from Canadian oil sands, North American shale oil, shale gas, and liquids converted from natural gas supplied at prices that are driven by technological innovation rather than depletion curves. At the same time, temporary price spikes have encouraged oil consuming countries to adopt energy efficiency measures that will curb the long-term growth in global oil demand, potentially delaying the timeframe when actual depletion may benefit the Middle East, if it comes at all.