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Life After the Oil Crash
Deal With Reality or Reality Will Deal With You
Breaking News: Tuesday December 15th, 2009
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U.S. Financial Collapse:
James Howard Kunstler: "Obama is holding us hostage to Wall Street"
Shadow Stats: "U.S. has no way of avoiding financial armageddon . . ."
Reuters: "U.S. must control debt or face panic in the financial markets"
NY Times: Unemployment Creating Shock, Trauma Among U.S. Jobless
Wall Street Journal: Are Treasury Bonds Safe from Default, Inflation?
NY Mag: New York Well on its Way to a California Style Fiscal Collapse
Overseas Financial Collapse:
BBC: Greece Government Unveils Massive Budge Cuts amid Debt Crisis
Bloomberg: Banks Hoarding Cash Drives Treasurers to Record Bonds
Zero Hedge: Economy About to Get "Black Swanned" Straight to Hell
Most important articles from yesterday's update:
Dmitry Orlov: "Criminal gangs, datamining, and your doomer supplies"
CS Monitor: U.S. Banks Bracing for Another Wave of Second Mortgages
Alternet: Have Americans Become a Psychologically Broken People?
Articles from the LATOC archives worth a second look:
Associated Press: 40% of Working Age Californians Now Unemployed
San Francisco Chronicle: Teen Unemployment at 25.5%, New Record
USA Today: Taxpayers Getting Yoked for Additional $55,000 Per Person
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Great survival and disaster preparedness books:
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