Life After the Oil Crash

Deal With Reality or Reality Will Deal With You

















Breaking News: Wednesday November 25th, 2009

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Financial Collapse News:

Financial Times: Investors in Shock as Dubai Requests Debt Standstill

Pacific Business Journal: FDIC Says 552 Banks on Its "Problem" List

NY Times: As Bank Failures Spread, FDIC Fund Plunges into the Red

USA Today: FDIC Reports Biggest Drop in Business Loans on Record

Bloomberg: American Consumers Max Out Credit Cards Once Again

War on the Middle Class:

Financial Times: U.S. Taxpayers Facing a Generation of Economic Pain

Financial Times: Fears of a "Generation Lost" for Recent College Grads

CNBC: The "Real" U.S. Jobless Rate Likely Closer to 17.5% than 10%

NY Times: After the Hospital, It's a Trip to Bankruptcy Court for Many

Real Estate Collapse:

Yahoo Finance: "We're not even close to bottom of housing market"

Wall Street Journal: "Nearly one in four borrowers is underwater . . ."

USA Today: Real Estate Bust Opens Doors for Parties at Vacant Homes

Zero Hedge: Storm Clouds on Horizon as Early Stage Delinquencies Up

Charles Hugh Smith: Will CRE Collapse Trigger a Double Dip Recession?

Wall Street Crime:

Asia Times: Goldman Responsible for Destruction of U.S. Middle Class

Raw Story: CEOs of Bear Stearns, Lehman Cashed in Before Collapse

NY Times: Investment Funds Making Billions off American Debt Slaves

Out of Control Government:

New Scientist: U.S. Military Experimenting With "Telepathic Ray Gun"

EClipTV: U.S. Government Taking Newborns' DNA Without Permission

Minneapolis Post: Dick Cheney Had an "Executive Assasination Squad"

Parascope: American Prison Inmates Being Turned into Slave Laborers

TPM: Former U.S. Prosecutor Had Witnesses Rubbed Out for Gangsters

Gold, Silver, Precious Metals:

Raw Story: Gold Miners Say Gold Deposits Exhausted, Discoveries Few

Zero Hedge: Euro Soars Past $1.51 as Gold Surges to $1,188 an Ounce

MSN Money: How Much Longer Can Gold and Silver Keep on Rising?

UK Telegraph: Making a Realistic Case that $6300 is Fair Value for Gold

Wall Street Journal: "Fleets of armoured vehicles carrying gold bullion"

Articles from the last few months worth a second look:

James Howard Kunstler: "The good people better start to man up . . ."

Charles Hugh Smith: "Most of your money is going to criminal cartels"

Reuters: Defaults on U.S. Credit Cards Exploding into the Stratosphere

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Section C. Peak Oil and Energy







I recommend the following books from Amazon:





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