What’s up with the Global Economy, and Where Do we Go from Here?

By Roger Baker, The Rag Blog

It now appears that the grand yearly addition to total human wealth, the global GNP, is no longer growing.

Deflation and the eurozone: why falling prices aren’t always good news

By James Meadway, New Economics Foundation

As oil prices continue to fall, a strange phenomenon is making its presence felt across Europe: deflation.

Low Oil Prices: Sign of a Debt Bubble Collapse, Leading to the End of Oil Supply

By Gail Tverberg, ourfiniteworld.com

Oil and other commodity prices have recently been dropping. Is this good news, or bad?