Want Privatization? Go To Brazil!

Kuwait government has one main revenue source: “oil”, and the population has one main source of revenue: “government salaries and projects”. Therefore, trying to increase government revenues by imposing taxes and raising rates, is a viscous circle and an exercise in futility. It Continue reading “Want Privatization? Go To Brazil!”

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OOPS… Oil Supply could increase 6 times!

MARSAL COMMENTS: Russian scientists have announced a new invention that increases oil well productivity and capacity by six times! They have invented a new “Fracking” method that increases shale oil production by 1.7 to 6 times, and in some Continue reading “OOPS… Oil Supply could increase 6 times!”

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Venezuelan Collapse? Wishful Thinking?

The oil and business press is abuzz with predictions of an imminent Venezuelan financial collapse, as a prelude to its political implosion, which should oust President Maduro and erase the Hugo Chaves ambitious experiment. Continue reading “Venezuelan Collapse? Wishful Thinking?”

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The Gulf Oil Economies Dilemma

If you wish to buy a television set, and your country doesn’t manufacture TV’s, you need to first find the currency of the manufacturing country. The TV manufacturer wants to be paid in his currency with which he incurred his production costs, and his profit will be spent on his living expenses. The only way you can get his currency is if Continue reading “The Gulf Oil Economies Dilemma”

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Inflation in Kuwait and the Gulf

One economic opinion argues that rising oil prices do not cause consumer price inflation in the short to medium term. Its reasons that consumers’ incomes are fixed in the short term and, as such, are distributed (spent) among a variety (basket) of goods and services. Continue reading “Inflation in Kuwait and the Gulf”

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Are European Banks too Risky?

DAILY BASKET – NEWS COMMENTARY

MARSAL COMMENTS: The European Union (EU) is discussing issuing a law that allows the immediate freezing of depositors’ money in banks that show weakness and sustain a run on them.  Continue reading “Are European Banks too Risky?”

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The Dangers of Neo Liberal Economics

The Dangers of Neo Liberal Economics

For years, criticism has been mounting against the Neo Liberal Economic principals espoused by the International Monetary Fund (IMF), and applied on all countries that stumble economically and seek the IMF’s help.  Continue reading “The Dangers of Neo Liberal Economics”

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Volvo Switches to Electric Cars

DAILY BASKET – NEWS COMMENTARY

Volvo Switches to Electric Cars

MARSAL COMMENTS: As off 2019, Volvo will phase out petrol engines and produce electric cars. All the other big manufacturers are already in different stages of producing electric cars (pure or hybrid). Tesla, the US electric car manufacturer, will face serious and increasing competition from the big boys armed with economies of scale, marketing muscle power and deep pockets. Continue reading “Volvo Switches to Electric Cars”

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Bunnies Are Good For Your Old Age!

DAILY BASKET – NEWS COMMENTARY

Bunnies Are Good For Your Old Age!

MARSAL COMMENTS: This is in response to a dear reader’s comment that most of our articles are alarming and gloomy, and suggested that: “We need happy headlines, something with bunnies  and sunshine  “.  Continue reading “Bunnies Are Good For Your Old Age!”

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