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Life After the Oil Crash
Deal With Reality or Reality Will Deal With You
Breaking News: Tuesday November 3rd, 2009
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War on the Middle Class, Citizen Rage:
Yahoo Finance: Goldman Sachs Now *Literally* Taking People's Homes
NY Times: "Everybody but those responsible (the bankers) are paying"
UK Guardian: CIT Bankruptcy Places Scores of Small Businesses at Risk
USA Today: As Jobs Vanish, Factory Towns See Little Relief to Hope For
USA Today: Retail Chains Stump to New Lows to Induce Consumerism
UK Telegraph: Graduate Unemployment to Reach Apocalyptic Levels
Financial Collapse:
Wall Street Journal: Economists Realizing Their Models are Worthless
Wall Street Journal: Portfolios of Middle Class Investors Still Ravaged
UK Guardian: "Don't be fooled by the sucker's rally of last six months"
Bloomberg: Harvard's Bet on Interest Rate Cost $500 Million to Exit
Real Estate Collapse:
Financial Post: Fed Officials Say Banks at Risk from Bad Property Loans
Yahoo News: Grim Reality Still Gripping Commercial Real Estate Market
USA Today: More Americans Walking Away from Homes, Mortgages
Atlantic City Press: Unemployment Driving Foreclosures Through Roof
Gold, Silver, Asset Protection:
Wall Street Journal: India Buys 200 Tons of Gold, Price Now at $1082
Gold Seek: U.S. Dollar at a Crossroads, Is Gold's Rise Poised to End?
Silver Seek: Silver Still Very Undervalued, Set to Soar as in the 1970s
Gold Seek: Is Storing My Gold in a Safety Deposit Box a Good Idea?
Most Important Articles from Yesterday's Update:
Jim Kunstler: "Things are veering to extreme desperation in America"
Sprott: "U.S. government on a trajectory to defualt on its obligations"
UK Telegraph: Japan Drifting Helplessly Towards Dramatic Fiscal Crisis
Articles from the last few months worth a second look:
L.A. Times: Keeping the Unemployed Busy is a Means of Social Control
Vanity Fair: Monsanto Dispatches Goon Squads to Intimidate Farmers
Rolling Stone: "U.S. now a gangster state run on gangster economics"
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