Archive for the 'Collapse' Category
In a Bid to Stem Panic, Grain Exports Halted
April 16th, 2008Via: Globe and Mail: Some of the world’s biggest grain exporters barred their farmers from selling in global markets yesterday, exacerbating the food price crisis for poorer nations that import their food and highlighting the failure of governments to nurture stronger rules for agricultural trade. Rice and corn prices soared to records on U.S. markets […]
Food Riots ‘An Apocalyptic Warning’
April 14th, 2008Their headline, not mine. Via: ABC: Basic access to food is slipping out of reach for many people in developing countries. The cost of the rice has risen by more than three-quarters in two months and the price of wheat has more than doubled in the same time. The desperation in dozens of countries has […]
UN: Food Price Rises Threaten Global Security
April 9th, 2008This situation is maddening. I’ve been reading our Bill Mollison permaculture books again (Intro and Design) and the path to abundance is right there. I have to conclude that the governments involved want the chaos they’re experiencing, or are about to experience. Rather than yielding some control to localities and supporting smaller, integrated animal/garden/food forest […]
Survivalism: The New Black
April 8th, 2008I feel somehow… unclean when the New York Times reads like the Cryptogon archives, circa 2003. Even though I’ve seen much of “this” coming for years, to finally read it in the most criminally corrupt rag of them all makes me glad that I changed my perspective from sudden crash to more of a slow, […]
EMERGENCY: RICE SHARPLY HIGHER ON EXPORT CONTROLS
April 6th, 2008Via: Financial Times: Rice prices rose more than 10 per cent on Friday to a fresh all-time high as African countries joined south-east Asian importers in the race to head off social unrest by securing supplies from the handful of exporters still selling the grain in the international market. The rise in prices – 50 […]
Lenders Swamped by Foreclosures Let Squatters Stay
April 5th, 2008The Bloomberg piece below is astonishing, but let’s think about it in terms of Mr. Mortgage’s latest video, which provides additional insights. We’re past the Oh Shit moment and we’re in a temporary lull phase as the banks scramble for a way to avoid hitting the wall. In short, the banks can’t foreclose because so […]
Some Homes Worth Less than Their Copper Pipes
April 2nd, 2008Via: Reuters: Shards of broken glass outside the basement window of 31 Vine Street hint at the destruction inside the three-story home. Thieves smashed the window to break in and then gutted the property for its copper pipes — a crime that has spread across the United States as the economy slows and foreclosed homes […]
As Jobs Vanish, Food Stamp Use Is at Record Pace
March 31st, 2008Via: New York Times: Driven by a painful mix of layoffs and rising food and fuel prices, the number of Americans receiving food stamps is projected to reach 28 million in the coming year, the highest level since the aid program began in the 1960s. The number of recipients, who must have near-poverty incomes to […]
EMERGENCY: PHILADELPHIA SUSPENDS SALES OF FORECLOSED HOMES
March 31st, 2008As governments take emergency actions—which amount to economic martial law—the consequences will explode through the wider financial house of cards. The banks, already running in crisis mode, will be under even greater pressure to raise money as governments cut off their ability to liquidate seized properties. If this can happen in Philadelphia, the big money […]
Welcome to the Crumbling Future of the Vegas Strip
March 29th, 2008Must see. Via: io9.com: Las Vegas’ Project CityCenter, the largest private development in the Unites States, was to be 8 acres of shops, casinos, hotels, condos, and theaters. But now it looks like big portions of the project may remain in a state of half-built rubble piles for years to come, due to the current […]
