Economics – Oct 26

Heinberg: A back-row seat at the collapse revue
Oil, house prices, credit? 3 parts of the same story
Oil prices – a little more of the story
Many world stock markets now off 50% or more from peaks

Peak greed

At one time I decided to give greed a chance, immerse myself in it by devoting all of my waking hours to the study of money. If bankers and I were sharing the same floor of Hell, such an obsession couldn’t be all bad. Maybe Hell just needed a makeover. We could spruce it up, refinance it, remodel…