Economic Meltdown « Speaking Truth to Power

Living On Stolen Time, By Dmitry Orlov

By carolyn, on October 26th, 2011%

And so whether it is a retiree spending his deficit-financed social security check at the dollar store or a banker spending his bailout-financed bonus on lavish gifts for his trophy girlfriend, or a construction worker drinking his economic stimulus-financed paycheck at the bar, somebody somewhere is getting robbed—and becoming poorer. . . . → Read More: Living On Stolen Time, By Dmitry Orlov

Global Europe Anticipation Bulletin: Decimation Of The Western Banks

By carolyn, on October 18th, 2011%

As anticipated by LEAP/E2020, the second half of 2011 is seeing the world continuing its unstoppable descent into global geopolitical dislocation characterized by the convergence of monetary, financial, economic, social, political and strategic crises. . . . → Read More: Global Europe Anticipation Bulletin: Decimation Of The Western Banks

VIDEO: Richard Heinberg: Why The End of Growth Means More Happiness

By carolyn, on September 27th, 2011%

Heinberg believes our decades-long era of growth was based on aberrant set of conditions- namely cheap oil, but also cheap minerals, cheap food, etc- and that looking ahead, we need to prepare for a “new normal” . . . → Read More: VIDEO: Richard Heinberg: Why The End of Growth Means More Happiness

Roubini & Soros: U.S. Already In Double Dip Recession; Warn of Uprising

By carolyn, on September 25th, 2011%

Dr. Doom Roubini has grown even more pessimistic since he put a 60% probability of a U.S. double dip in 2012 just about three weeks ago. Business Day reported that speaking at a press conference in Johannesburg on Sep. 20, Roubini now says, “The US is already in a recession although it will not admit it.” and that the rest of the world would not be insulated from the effects of another global meltdown. (Clip Below) . . . → Read More: Roubini & Soros: U.S. Already In Double Dip Recession; Warn of Uprising

Gross National Happiness, By Richard Heinberg

By carolyn, on September 16th, 2011%

After World War II, the industrial nations of the world set out to rebuild their economies and needed a yardstick by which to measure their progress. The index soon settled upon was the Gross National Product, or GNP—defined as the market value of all goods and services produced in one year by the labor and property supplied by the residents of a given country. A similar measure, Gross Domestic Product, or GDP (which defines production based on its geographic location rather than its ownership) is more often used today; when considered globally, GDP and GNP are equivalent terms. . . . → Read More: Gross National Happiness, By Richard Heinberg

How To Talk About The End of Growth, An Interview With Richard Heinberg

By carolyn, on August 26th, 2011%

Just after the release of his newest book, The End of Growth: Adapting to Our New Economic Reality, I sat down with Richard Heinberg via Skype to get his take on what needs to happen to shift the conversation on peak oil and peak debt. The interview follows. . . . → Read More: How To Talk About The End of Growth, An Interview With Richard Heinberg

The Great Collapse Has Officially Begun, By Graham Summers

By carolyn, on August 21st, 2011%

In plain terms, we’re entering a period in history that will rival the Revolutionary war. This country will be very very different by the time it has ended. Many people will lose everything in this mess. Yes, everything. So if you have yet to take steps to prepare for this, you need to get moving NOW! . . . → Read More: The Great Collapse Has Officially Begun, By Graham Summers

The Best Looking Horse In The Glue Factory, By James Quinn

By carolyn, on August 9th, 2011%

When you watch the corporate mainstream media, or read a corporate run newspaper, or go to a corporate owned internet site you are going to get a view that is skewed to the perspective of the corporate owners. What all Americans must understand is everyone they see on TV or read in the mainstream press are part of the status quo . . . → Read More: The Best Looking Horse In The Glue Factory, By James Quinn

2011-2020: Decade of U.S. Economic Hell, By Paul Farrell

By carolyn, on August 8th, 2011%

Warning, in short, that we’re headed into a perfect storm rivaling the disastrous political insanity of the 1930s that prolonged the depression, driving the economy into far reaching global problems that added fuel to an irrational zeitgeist and world war. And more. . . . → Read More: 2011-2020: Decade of U.S. Economic Hell, By Paul Farrell

VIDEO: Ron Paul Addresses The Inevitable Collapse of The Dollar, February, 2010

By carolyn, on July 30th, 2011%

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