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PeakOil is You

PeakOil is You

Has the Great Contraction Begun?

Discussions about the economic and financial ramifications of PEAK OIL

Re: Has the Great Contraction Begun?

Unread postby StarvingLion » Sat 08 Oct 2016, 20:30:33

The finest ivy league dunce scam artists are blasting off and exploding on the launch pad. After EconoDuncery and Ponzi School they may have a future in 0.15 cent/hr widget making.

Hedge Funds have gone out of business in the past year at an unprecedented rate. In other words, you can assume that this generation's Ivy League best and brightest for whom working at a hedge fund was the only option, are right now figuring out how to retool a mid-career stock trader's resume into something useful at 1/10th the pay.
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Re: Has the Great Contraction Begun?

Unread postby onlooker » Sat 08 Oct 2016, 21:15:04

Maybe these ivy league dunces can become our shaman post collapse. Teach us what NOT to do
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Re: Has the Great Contraction Begun?

Unread postby StarvingLion » Sat 08 Oct 2016, 22:27:16

No they will demonstrate how "profitable" shale oil drilling is at $40-30-20-10-5-0. They'll add chemicals to solidify the junk into cube blocks and build a giant Shale Pyramid larger than Giza where they will be entombed as Shale Gods for future sheeple to worship.
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