Life After the Oil Crash

Deal With Reality or Reality Will Deal With You

















Breaking News: Monday September 21st, 2009

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Most important articles from the independent media:

Jim Kunstler: "Current bank fiasco a proxy for even bigger problems"

Dmitry Orlov: "I will be eating very, very well but you probably won't"

Joe Bageant: "Americans have become weak and fearful things . . . "

Financial Collapse News:

Business Insider: Obama Says He is Willing to Bailout the Newspapers

Business Inider: Ten Large Companies Veering Towards Bankruptcy

The Big Picture: Sans Government Welfare, Retail Sales Would be Zilch

Los Angeles Times: Number of Strategic Loan Defaults Going Sky High

Wall Street Journal: FDIC May Borrow from Treasury to Shore Up Fund

Collapse of California:

NY Times: California Joblessness Rate Reaches Seventy Year Record

San Francisco Chronicle: Option Loan Bomb Set to Blow in California

Collapse of the Middle Class:

MyBudget360: American Households Have Lost $12 Trillion Since 2007

Washington Post: More Young People Fall Into Student Loan Sinkhole

Wall Street Journal: New Job Openings Plunged to Record Low in July

Wall Street Journal: Unemployed Americans Choosing to say "Fuck It"

Energy, Water and Metals:

Bloomberg: Gold Industry Faces Crisis as Reserves Head Into Decline

Tom Whipple for Falls Church New Press: Next Oil Spike Dead Ahead

Entertainment Weekly Review of New Documentary with Mike Ruppert

Most Important Articles from Yesterday's Update:

Karl Denninger: "We're one cycle away from a collapse, if we're lucky"

Zero Hedge: "The financial crisis is not receding, it is intensifying . . ."

MSNBC: Toxic Loans Pushing More and More U.S. Banks Over the Edge

Articles from the last few months worth a second look:

UK Independent: U.S. Was Approaching "Total Breakdown" in Fall 2008

USA Today: Taxpayers on the Hook for Additional $55,000 Per Person

Joe Bageanet: Are you about to join the White American Underclass?

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