Economics – Oct 7

Markets foresee global contraction
The Borg: a financial allegory
Energy/credit/currency crisis on TOD
Kunstler: All fall down
Chris Martenson on the current financial crisis

A nutting expedition

Those of us lucky enough to have grown up on self-subsistent farms were not surprised to learn in our schooling years that the literature of the late nineteenth and early twentieth centuries was full of references to “nutting expeditions.” That might seem a strange phrase for the very pleasant pastime of going to the fields and woods to gather nuts in the autumn but the Victorians knew that “expedition” is exactly the right word. One does not simply pick up nuts from under trees. That is a small part of a grand adventure of discovery, especially for hickory nuts, my very favorite of all wild foods

“Reinventing Collapse” by Dmitry Orlov (book review)

Well, first of all, it’s funny. Really. I don’t mean it’s filled with jokes, but Dmitry Orlov has a very humorous and biting style. This humorous approach serves two important purposes: 1) It makes the book enjoyable to read. 2) It helps the reader develop a certain healthy detachment from the subject matter.