Yeah, a bit of a "no duh!" for those of us watching the whole mess unfold from the late 90s all the way until the bottom fell out in 2008 (and as if it's all really over now, either).

Center for American Progress:
Great Recession Could Have Been Prevented by Bush Administration

The 2012 presidential primary season is already upon us and the Grand ( Read more... )

The housing double dip in the United States kicked it up a notch last month, with new home sales hitting a fresh double dip record low.

Fears are rising that, combined with spiking consumer inflation rates mostly in the form of skyrocketing fuel and food prices (the things that the "rest" of us spend most of our "discretionary" dollars on), a ( Read more... )

Given that the US economy is still not yet on firm footing, some now say that the price oil must reach this time around in order to trigger a new recession could be as low as around $120.

CNBC
$120 Oil: The Breaking Point for Consumers?

Some OPEC members may see oil prices [CLCV1  105.40 
( Read more... )

Straight Talk with James Howard Kunstler: "The World is Going to Get Rounder and Bigger Again"
This week's Straight Talk contributor is James Howard Kunstler, author and social critic. His better-known works include The Long Emergency, in which he argues that declining oil production will result in the decline of modern industrialized society and ( Read more... )

http://www.marketwatch.com/story/goldman-conspiracy-helps-china-beat-us-2010-09-14?dist=bigchartsRead more... )

By Glenn Greenwald

As we enter our ninth year of the War in Afghanistan with an escalated force, and continue to occupy Iraq indefinitely, and feed an endlessly growing Surveillance State, reports are emerging of the Deficit Commission hard at work planning how to cut Social Security, Medicare, and now even to freeze military pay.  But a ( Read more... )

Here's his old camp councilor. No, I'm not kidding about that.

Clusterfuck Nation: What Is It?
By James Howard Kunstler
on July 26, 2010 9:26 AM

The New York Times ran a story of curious import this morning: "Mel Gibson Loses Support Abroad." Well, gosh, that's disappointing. And just when we needed him, too. Concern over this pressing matter ( Read more... )

From Club Orlov
Thursday, February 04, 2010

Richard Heinberg has done something that sorely needed doing: he has performed a Collapse Gap analysis for USA and China. In a lengthy and detailed article he argues that, just as the USA is less prepared for collapse than the USSR was, the USA is less prepared for collapse than China. This is perhaps ( Read more... )

From The Archdruid ReportWednesday, October 14, 2009 ( Read more... )

From The Archdruid Report
Wednesday, October 07, 2009

The confusion between money and wealth, the theme of last week’s Archdruid Report post, has become almost impossible to avoid these days. Perhaps the most important reason is the extent to which money has metastasized so deeply into our economic life that it’s nearly impossible to do much of ( Read more... )