Life After the Oil Crash

Deal With Reality or Reality Will Deal With You

















Breaking News: Friday September 25th, 2009

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Overseas Financial Collapse:

UK Telegraph: Britain Within a Whisker of Losing Triple-A Credit Rating

UK Telegraph: Bank of England Calls Emergency Meeting of Experts

UK Guardian: Britain's Jobless Number Still Rising Even After Stimulus

UK Independent: Fears of a "Lost Generation" as Joblessness Soars

U.S. Financial Collapse:

Financial Times: Maybe the Banks Are in Worse Trouble Than We Think

Housing Storm: Banks Aren't Foreclosing in Hopes of Juicing Portfolios

Agnes Press France: Latest U.S. Bank Closure the Eighth Biggest Yet

Associated Press: U.S. Large Loan Bank Losses Triple to $53 Billion

Delta Global Advisers: Amazing but True, Americans Still Piling Up Debt

Bloomberg: Over Seven Million Foreclosures About to Hit the Market

MSNBC: Desperate Families Sellling Off Burial Plots to Make Ends Meet

Energy and the Environment:

Charles Wood: Peak Oil Downside Will be Far Steeper than the Upside

Financial Times: Price of Finding New Oil Reserves Continues to Soar

Emirates 24/7: Morgan Stanley Predicts Oil Back Over $105 by 2012

UK Independent: Crude Oil Price Shock the Next Threat to Economy

Alternet: Our Oil Addiction is About to Make Life Orders More Difficult

Most Important Articles from Yesterday's Update:

MSNBC: Insurance Fund that Protects Deposits Running Out of Money

Bloomberg: U.S. Debt Crisis May Set off a "Fall of Rome" Type Situation

Bloomberg: Credit Card Defaults Set New Record, Will Continue to Soar

Articles from the last few months worth a second look:

Financial Times: "$2,700 billion has simply vanished into thin air . . ."

Fortune: "Your share of the U.S. debt load will be over $155,000 . . . "

Wall Street Journal: Speakers Tell Grads, "Basically you're screwed"

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