"Never under-estimate the predictability of stupidity" says Bullet-Tooth Tony from Guy Ritchie's most awesome movie, Snatch. Making calls that the commodity market is about to burst is, quite frankly, stupid. So, if the saying is true -- which it is, then we can predict that prices will march...

Convincing a city that it needs a healthy dose of development is like asking a child to take their medicine. Although the child knows that they are sick, they just don't believe the medicine will make them better. This seems to be the attitude of local communities and their response...

World crude oil prices exceeded $70 per barrel through most of 2007 and reached a record high of $86.47 yesterday, 15 October 2007.

This is in sharp contrast to 2003 where the price hovered around $30 per barrel. The steep price increase is attributed to growth in demand and...

Some argue that the European Central Bank (ECB), Federal Reserve Bank (Fed), and The Bank of England (BoE) are confronting the credit issues proactively and addressing them in an expedient fashion. Others hold that the central banks are encouraging the moral hazards that are currently gripping the markets.

Given...

The current liquidity crisis can be paralleled to events leading up to the Great Depression. Specifically, the departure from fundamental valuation principles and extension of credit in the subprime market is consistent with mistakes made by speculators in the late 1920s.

After World War I, the U.S. economy experienced...