Life After the Oil Crash

Deal With Reality or Reality Will Deal With You

















Breaking News: Sunday July 26th, 2009

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Editor's Note: my apologies for the absence of an update on Friday. I'm doing a brief update this evening to get caught up on the developments of the last few days. Updates will continue tomorrow (Monday) as usual.

The most stunning development of the last few days would be the fact that 30,000 Chinese steel workers are rioting against the Chinese government. Unfortunately, the article is from the AP and they don't' want bloggers even linking to their articles. (See this article from the NY Times for more on this)

First, financial collapse news:

Toronto Star: Credit Bubble Morphing into Government Finance Bubble

NY Times: States Paying Unemployment Benefits with Borrowed Cash

Financial Times: California Spending Cuts Spark Citizen Fury and Rage

Financial Times: Morgan Stanley, Wells Fargo Issue Warnings on CRE

Financial Times: American Teenagers Struggle to Find Summer Jobs

Financial Times: U.S. Consumer Confidence Seen Plummeting in July

NY Times: Lights are Going Dim Inside Banking Giant Morgan Stanley

Reuters: Credit Losses, Defaults Reported to Soar at Bank of America

Market Watch: Bernanke Claims 14 Financial Firms "Too Big Too Fail"

CNN Money: 14 Brand Name Companies that are Declaring Bankruptcy

Preparation and Relocalization:

Ask the Survival Guru: How to Overcome Debilitating Pain in a Crisis

Christian Science Monitor: Beekeeping the Latest Buzz in Urban Areas

High-quality Mountain House Freeze Dried Storable Food Units Available from LATOC Affiliate Nitro-Pak:




















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