Life After the Oil Crash

Deal With Reality or Reality Will Deal With You

















Breaking News: Wednesday October 7th, 2009

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U.S. Dollar Collapse:

UK Independent: Arab States, Russia, China, Launch Attack on Dollar

Bloomberg: Dollar Falls on Report Gulf States May Stop Using Dollar

Washington Post: Dollar's Plunge Gives Rise to Calls for New Reserve

Zero Hedge: Will a Basket of Currencies Replace the Dollar? ("Yes")

LATOC: From Zimbabwe to America, Here Comes the Econo-Anarchy

Global Economic Collapse:

Market Watch: Latvia on the Brink of Collapse, Carnage Could Spread

Yahoo: "The real economy is dying, fourth quarter will be a bloodbath"

NY Times: Paralysis in the Debt Markets is Deepening Credit Drought

NY Times: Even the Rich are Scared S--tless in the Current Economy

Bloomberg: Banks Have Us Flying Blind on True Depth of Their Losses

Reuters: Industrial Production Plunges at Sharpest Rate in Nine Months

New Zealand Herald: Baby Boomer Credit Defaults Have Gone Sky High

Housing and Commerical Real Estate Collapse:

Bloomberg: Reverse Mortgages May be Next Subprime Type Meltdown

Wall Street Journal: Rent Rates for Office Space in Complete Freefall

Wall Street Journal: Fed in Full Blown Panic Over Potential CRE Bust

Yahoo News/Reuters: U.S. Apartment Vacancy Rate at 23 Year High

Los Angeles Times: Hotel Defaults, Foreclosures Up 500% in California

Asset Protection:

Bloomberg: Gold Could Go "Off the Charts", May Target $1,500/Ounce

Byron King: Peak Gold. Weak Dollar Equals Gold at $2,000/Oz (Relink)

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

From the LATOC Archives:

Colin Campbell: "What are the financial consequences of Peak Oil"?

LATOC: The Most Important Thing You Don't Know About "Peak Oil"

Richard Heinberg: "Will you be eating after the economy collapses?"

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"How much time is left before the s--t *really* hits the fan?"

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