Insight and inspiration in turbulent times.
It will be no exaggeration to say that even many privy to the preparations for a Beijing meeting between the leaders of Russia and China, Vladimir Putin and Hu Jintao, were surprised at the number of agreements reached as a result of the laborious and long homework done by various departments.
Asian central banks have been financing America’s $500 billion current account deficit mostly via the purchasing of US Treasuries. To get a better grip on this number, try to understand that America needs $1 million of Asian capital every minute in order to maintain its current standard of living.
Limits to Growth: The 30-Year Update brings data on overshoot and global ecological collapse to the present moment. It provides a short course in the World3 computer model, types of growth, and the various kinds of overshoot likely to occur in the current century.
The key to making sense of constructive action in a situation of impending industrial collapse is to look at the community, rather than the individual or society as a whole, as the basic unit…There are, however, three things a community needs to do…
This, then, is the future of U.S. military involvement abroad. While anti-terrorism and traditional national security rhetoric will be employed to explain risky deployments abroad, a growing number of American soldiers and sailors will be committed to the protection of overseas oil fields, pipeline, refineries, and tanker routes.
MILLIONS of Scottish gas and electricity users face further increases in their bills – despite the recent record price rises. A ScottishPower spokesman admitted: “The era of cheap electricity is over.”
A troubled Washington faces urgent choices in Iraq. With exit no option, and victory nowhere in sight, the commandment of a second Bush administration may be: follow the oil.
Permaculture co-founder David Holmgren summarizes the social and environmental crisis being brought about by peak oil. He shows how permaculture can help solve some of the problems
…as I got closer I noticed that the crane was not actually rebuilding anything – not one of the bombed-out government buildings that still lay in rubble all over the city, nor one of the many power lines that remained in twisted heaps even as the heat of summer was starting to bear down. No, the crane was hoisting a giant billboard to the top of a three-story building.
Washington will sell 500 ‘bunker busters’ to Israel with the ability to penetrate Iran’s underground nuclear facilities
EARLY in the Gulf War II campaign, the Arab world’s most widely circulated view was that the Anglo-Saxons wanted to grab Iraqi oil. Many Iraqis still believe this, but the theory gets much less attention these days abroad: Insurgent attacks are making oilfields far less attractive to oil companies.
The United States’ Current Account deficit is now $60 million AN HOUR! This unprecedented trade imbalance has created extraordinary disequilibrium in the global economy.
