Category Archives: Crash Coming Soon

Since 2008: No reform, corruption continues, banks are even MORE insolvent, trillions in bail-out money kicked the can down the road, making the next crash worse, and too much debt to do another bail-out

Signs of Peakiness, oil companies are running out of cash

Andrew Nikiforuk, August 29, 2014. A big summer story you missed: Soaring oil debt. The Tyee.  Over 100 of the world’s largest energy companies are running out of cash. Photo of Keystone pipeline in Nebraska by Shannon Ramos. Creative Commons … Continue reading

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Gail Tverberg: How this collapse differs from past collapses

Converging Energy Crises – And How our Current Situation Differs from the Past  May 29, 2014 by Gail Tverberg At the Age of Limits Conference, I gave a talk called Converging Crises (PDF), talking about the crises facing us as we reach energy … Continue reading

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Energy price increases and the 2008 financial crash: a practice run for what’s to come?

Hall, C.A.S., Groat, A. 2010. Losing Faith in Economics. Energy price increases and the 2008 financial crash: a practice run for what’s to come? The Corporate Examiner. 37: No. 4-5: 19-26. The summer of 2008 saw the third year in … Continue reading

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Global Bond Frenzy Raises Concerns

Global Bond Frenzy Raises Concerns By LANDON THOMAS Jr. FEB. 19, 2014 New York Times. Prospecting for oil in Brazil, manufacturing steel in Russia, erecting skyscrapers in China: Global bond investors have financed some of the grandest investment projects taken … Continue reading

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Student loan crisis widens gap between rich and the rest

Student loan crisis widens gap between rich and the rest. Bill Zimmerman.   February 21, 2014.  San Francisco Chronicle. Growing concern about wealth and income inequality overlooks a principal cause: the student loan crisis, which is much deeper than the $1.1 … Continue reading

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Financial system brought down by next oil shock

Erik Townsend. 6 January 2013. Why Peak Oil Threatens the International Monetary System. ASPO-USA The U.S. Treasury bond market will most likely crash, and borrowing costs will skyrocket. Those increased borrowing costs will further exacerbate the fiscal deficit. Can you … Continue reading

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The end of insurance: Ports and Hurricanes, Storm Surges, & Rising Sea Levels

  The world is about to be shaken by many storms besides cyclones and hurricanes — declining energy & natural resources and the social unrest generated by ever larger numbers of the 7+ billion people getting poorer and hungrier. Since … Continue reading

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Why Banks and Wall St will go broke if interest rates ever go up

Dumb Money Day 1 by Charles Marohn, Strong Towns   Jun 10, 2013 This week I want to write about one very technical finance subject and the implications for the housing market and, by extension, for cities and the great reset … Continue reading

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George Soros on Financial Collapse and the Coming U.S. Class War

Excerpts from John Arlidge. Jan 23, 2012. George Soros on the Coming U.S. Class War. Newsweek. “We are facing an extremely difficult time, comparable in many ways to the 1930s, the Great Depression. We are facing now a general retrenchment … Continue reading

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Beware of Real Estate — it hasn’t finished collapsing

2014 A. Gary Shilling: A U.S. recession would halt the housing recovery, which is already on shaky ground, as pending sales, housing starts and mortgage applications for refinancing decline. And a housing slump would spread to many other sectors, including … Continue reading

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