Life After the Oil Crash

Deal With Reality or Reality Will Deal With You

















Breaking News: Tuesday October 6th, 2009

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Asset Protection:

Byron King: Peak Gold plus a Weak Dollar Equals Gold at $2,000/Ounce

Market Watch: Gold Hits Record High of $1045 as Dollar Continues Fall

Market Watch: End of Dollar as Oil Currency Sends Gold to New Record

MSN: "Peak Gold" Price Spikes Will be Sharper Than "Peak Oil" (Relink)

Global Economic Collapse:

Los Angeles Times: Economic Crisis the Death Knell of Pax Americana

NY Times: U.S. Government Using Taxpayer Funds to Buy Toxic Assets

UK Telegraph: Leaked Report Says Sweden Bracing for Latvia Collapse

Wall Street Journal: Deutsche Bank Releases Report on the End of Oil

War on the Middle Class:

Charles Hugh Smith: Americans Racing to Find New Sources of Income

Wall Street Journal: Recession Spells End for Many Family Businesses

Wall Street Journal: Newly Minted Laywers Find They're Up Shit Creek

Huffington Post: Job Loss Pushing Middle Class Families to the Street

MSN: Job Losses Overshadow "Green Shoots", any Hints of Recovery

Chicago Sun Times: Recession Ending? Employment Figures Say "No"

Bloomberg: Unemployed Left Without Lifeline Once Benefits Run Out

Bankruptcy Institute: Consumer Bankruptices Top One Million in 2009

Most Important Articles from Yesterday's (Monday) Update:

Kunstler: "Something's got to give within the next three months . . . "

Huff Post: "Unemployment of this magnitude is going to get ugly . . ."

UK Guardian: "California about to become America's first failed state"

Articles from the Past Few Months Worth a Second Look:

Time: Financial Equivalent of an Atom Bomb Has Gone Off in California

Macleans: California the Bleeding Edge of the U.S. Economic Collapse

LATOC Forum: Budget Emergencies in California Have "Gone Nuclear"

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