Richard Heinberg: End Of Growth Update: Neither A Borrower Or Lender Be, Part 1
In sum, a critic looking for evidence to debunk The End of Growth would do best to pretend that Europe simply doesn’t exist. Nothing to see here, folks. Move along.
A 50,000 Foot View of The Global Crisis, By Paul Chefurka
We are now well into a global crisis that may mark the end of this cycle of human civilization. In this note I present a summary of what’s going on as far as I can tell, as well as a scenario for how things might develop over the next 75 years or so. The issue is enormous, so an overview like this is inevitably going to be skimpy on details. This is, after all, not an academic journal. However, like every other fact in the known universe, those details are just a Google away…
Stimulus Duds, Bailout Blanks, By Richard Heinberg
There is no “silver bullet,” no magic solution that will turn back the clock to an era of abundant resources and easy growth. For now, all that governments can do is buy time through further deficit spending—ideally, using that time to build infrastructure that will continue to function in the coming era of reduced flows of energy and resources. Meanwhile, we must all find ways to come out from under a burden of debt that will otherwise crush us. The inherent contradiction within this prescription is obvious but unavoidable.
The Era of Cheap Food May Be Drawing To A Close
ORIGINAL ARTICLE U.S. grain prices should stay unrelentingly high this year, according to a Reuters poll, the latest sign that the era of cheap food has come to an end. U.S. corn, soybeans and wheat prices — which surged by as much has 50 percent last year and...