Engaging collapse
Change we can believe in
Recent events in Mumbai serve as a reminder, lest there was any doubt at this point, how fragile the world economy has become. The virtual center of globalization, Mumbai serves as call-center central for many of the world’s large companies. If stock traders are paying attention, I wouldn’t be surprised to see the major stock indices shed a quarter of their so-called “value” this week.
Neocon Nation
A partial explanation, with more to come
It seems I’ve touched a nerve. Maybe a couple of them.
More of the same from the cheerleader-in-chief
As I indicated in my previous post, we’ve reached the end of economic growth. I pointed to the Financial Times article that leaked the results of the International Energy Agency’s long-awaited study of the depletion rates of the world’s 400 largest oil fields. The bottom line: “Without extra investment to raise production, the natural annual rate of output decline is 9.1 per cent.”
Change has come
Change has arrived. After all the hate-filled, mudslinging nastiness, after soaring rhetoric and hollow promises, after lies, rumor, and innuendo, after poor predictions and poorer behavior, change has finally arrived.
