Limits To Debt, By Richard Heinberg

Limits To Debt, By Richard Heinberg

ORIGINAL ARTICLE This article is an excerpt from Chapter 2 of Richard’s new book (working title ‘The End of Growth’), which is set for publication in July 2011. Given the urgency and fragility of the global economic crisis, we will be serializing the...
Rising Oil Prices And Municipal Bond Defaults, By Gail Tverberg

Rising Oil Prices And Municipal Bond Defaults, By Gail Tverberg

“Municipal” bonds include bonds issued by states, as well as bonds issued by cities and by many types of smaller entities, such as hospitals and toll roads. To date, everyone has assumed that there is not much risk of default, and even if there is, someone else will handle it. But if one looks at the long term oil situation, and the problems states and cities are having already, it is pretty clear that the debt default problem is likely to get worse over time, and there is really no one set up to handle the default risk.

Survive Anything–Food Crisis

By Giordano Bruno Neithercorp Press – 11/29/2010 Food production is one of the most essential concerns of any society. Without direct availability and ease of consumption, without the consistent flow of agricultural goods, every nation existing today (except the most...