The EU’s climate change offer to the USA and a railway around the coast of Africa

Until 1 January 2010 Sweden holds the presidency of the EU. This means that Sweden’s Prime Minister Fredrik Reinfeldt is head of the EU-delegation that today travels to the USA for a summit on climate between the EU and the USA on Wednesday. Reinfeldt will meet president Obama today and can then present the offer that the EU nations agreed on last week.

It’s Too Late, Baby, Times Up!: A Book Review

I live in Boulder, Colorado where the buzz among eco-activists who attended a recent lecture by Vandana Shiva is her chilling statement that if the human species continues on its present destructive trajectory, it has no more than 100 years of life on this planet. At about the same time this bomb was dropped on Shiva’s audience, Keith Farnish’s amazing book Time’s Up: An Uncivilized Solution To A Global Crisis arrived in my mailbox for review…

Big Crash Coming?

In More Like A Depression Every Day, I described strong deflationary pressures in the American economy despite the Shock & Awe fiscal & monetary stimulus being applied. The flow of free money is supposed to counter deflation by boosting both asset values and government spending. Economist Nouriel Roubini, otherwise known as “Dr. Doom”, notes that this “wall of liquidity” is inflating asset values, not just in the United States, but all over the world.

Path to a peace economy

I start with a basic truth. A persistent pattern of violence against people, community, and nature is inherent in the institutional structure of our existing economy. You don’t treat a cancer with Band-Aids, and we can’t resolve our current economic crisis with marginal regulatory adjustments. It is time to rethink and restructure.