Life After the Oil Crash

Deal With Reality or Reality Will Deal With You

















Breaking News: Wednesday December 2nd, 2009

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International Financial Collapse:

Zero Hedge: Degree to Which Global Trade Has Collapse Will Shock You

Bloomberg: Big European Banks Now Even Bigger Dangers to System

UK Telegraph: "As of this morning, we live in a very different country"

UK Daily Mail: Just Like Dubai, Britain's Recovery is Built Only on Sand

UK Telegraph: Bankers Must be Forced to Pay for What They've Done

U.S. Financial Collapse:

Yahoo: "What Recovery? U.S. Consumers Getting Dramatically Worse

London Times: Fears of a Credit Card Crisis as Bank Write Offs Double

UK Telegraph: Dollar Going from Safe Haven to Dangerous Place to Be

Financial Times: U.S. States Need to Make Permanent Cuts to Budgets

Financial Times: Investor Fears Grow Over Overheated US Debt Market

Real Estate Collapse:

L.A. Times: Professor Advises U.S. Mortgage Serfs to "Just Walk Away"

Alternet: Waiting with 45,000 People in Ground Zero of Mortgage Crisis

Market Watch: As the Housing Market Goes, So Goes the U.S. Economy

NY Times: For Commercial Real Estate, Hard Times Have Just Begun

Fallout from Implosion of Dubai:

UK Guardian: Investors Warn Dubai It's Heading Back to the Stone Age

UK Telegraph: Ruler of Dubai Lashing Back at International Investors

Asia Times: Investors Fear Dubai Contagion May Spread Around World

Crimes, Conspiracies, andn High Weirdness:

Zero Hedge: Peace Prize Winner Obama Escalates War in Afghanistan

Wired: Feds "Requested" Sprint's GPS Data Over 8 Million Times in '08

Wired: Companies Admit Spying Capabilities Would "Shock" Americans

Gold, Silver, Precious Metals:

Market Watch: Gold Closes Above Record of $1217 on Strong Demand

Bloomberg: Gold Climbing Like There's No Tomorrow on Hedge Demand

321 Gold: "Is this your last chance to buy gold or silver coins cheaply?"

Most important articles from yesterday's update:

Bloomberg: Senior Goldman Sachs Bankers Loading Up on Guns, Ammo

Zero Hedge: It's "Do or Die" Time for the Goldman Sachs Vampire Squid

Washington Post: Dubai Debt Implosion Fuels Second Confidence Crisis

Articles from the last few months worth a second look:

SeekingAlpha.com: Is an Apocalyptic Crash of the Market Impending?

London Times: Biggest, Most Painful Financial Collapse Still to Come

Money Talks: Gold Poised to Break Through $3,000 or More an Ounce

Global Warming, Climategate:

UK Guardian: The Climate Change Leaked Email Crisis Isn't Going Away

UK Guardian: Global Warming Rigged? Here's the Email I Need to See

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Section C. Peak Oil and Energy







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