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Life After the Oil Crash
Deal With Reality or Reality Will Deal With You
Breaking News: Friday February 5th, 2010
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European Financial Collapse:
UK Telegraph: Fears of a Lehman Style Tsunami Hit Portugal and Spain
Wall Street Journal: Rising Fears of a Financial Emergency Hit Europe
Business Week: Greek Crisis a "Dress Rehearsal" for U.S. Debt Default
NY Times: Countries on Fringe of Euro Zone in Deep Financial Trouble
BBC: Personal Insolvency Filings Hit Record High in Britain and Wales
U.S. Financial Collapse:
CNN: Jobeless Rate Falls Even as More Jobs are Lost ("The Jobs Hole")
Zero Hedge: Charting the Worst and Shortest Economic Recovery Ever
Economist: New York's Mayor Paints Grim Financial Future for the City
Wall Street Journal: Other Car Makers Face Same Problems as Toyota
CNN: Former Bank of America CEO Ken Lewis Charged with Civil Fraud
Asian Financial Collapse:
Richard Heinberg: Who Will be the Last Nation Standing? (China, U.S.)
Bloomberg: China's Defaulting Loans Soaring, Insolvency Lawyer Says
Bloomberg: China's Currency Reserves the Biggest Bubble of Them All
Real Estate Collapse:
The Atlantic: Walking Away from Mortgage Loans is Capitalism at Work
Seeking Alpha: Bailouts Serve as Incentives to Stop Paying Mortgages
Patrick.net: Banksters Intentionally Trying to Scare Mortgage Slaves?
San Francisco Chronicle: Sales of Homes Over a Milliion Have Plunged
Business Week: Deteriorating Rents, Falling Occupancies, Tight Credit
Reuters: Defaults on Commercial Real Estate Loans to Swamp Banks
Food, Peak Oil, Precious Metals:
Zero Hedge: Precious Metals Next Blast Up Will Take Gold to $2,300/oz
Bloomberg: Gold to Hit $1,500/Oz as Safe Haven Status is Restored
Seeking Alpha: Saudi Oil Flows East as China's Demand Goes Soaring
UK Telegraph: Britain Facing Food Crisis as Soil Vanishes in 60 Years
Most Important Articles from Yesterday's Update:
John Michael Greer: "This is endgame time, you better get a move on"
ZeroHedge: European Sovereign Default Contagion Just Went Virulent
Financial Times: Fears Over U.S. Credit Rating Spreading Like Wildfire
Best of the LATOC Archives:
Jim Kunstler: "Time to start thinking what your new social role will be"
Mike Ruppert: "U.S. has entered a fast collapse, zero day is at hand . ."
Wall Street Journal: "Budget collapses pushing states to the precipice"
Preparation and Relocalization:
Orlando Sentinel: Ham Radio a Fading Hobby Until Emergencies Hit
Survival Blog: Lessons I Learned from an Ice Storm in the Ozarks
Terrence Gillespie: Tactics and Tips on Handling Gangsters and Guns
Are you prepared for civil unrest, martial law, and the day the trucks stop rolling to the grocery store?
Section C. Peak Oil and Energy
Big savings, free shipping on storable food from LATOC Affiliate Nitro-Pak
Great survival and disaster preparedness books:
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