Desdemona Despair

Blogging the End of the World™

"The Greatest Depression" under way

By Gerald Celente Kingston, NY — “The Greatest Depression,” that is The Trends Research Institute forecast, well before Wall Street or Washington would acknowledge recession, is upon us. The global financial markets are collapsing. All the experts’ cautious predictions and business media’s hopeful expectations at the New Year for an economic turnaround and imminent market […]

Graph of the Day: US Unemployment Rate, 1960-2009

From Calculated Risk: And from CNN: Unemployment hits 25-year high Jobless rate hits 8.1% in February as a record-high 12.5 million people are unemployed. By Chris Isidore, CNNMoney.com senior writer NEW YORK (CNNMoney.com) — The U.S. economy continued to hemorrhage jobs in February, bringing total job losses over the last six months to more than […]

Arctic summer sea ice could vanish by 2013

  By David Ljunggren OTTAWA (Reuters) – The Arctic is warming up so quickly that the region’s sea ice cover in summer could vanish as early as 2013, decades earlier than some had predicted, a leading polar expert said on Thursday. Warwick Vincent, director of the Center for Northern Studies at Laval University in Quebec, […]

Graph of the Day: Initial and Continued Unemployment Claims, 1971-2009

I love the smooth nonlinearity of the curves since 2006. From Calculated Risk: The DOL reports on weekly unemployment insurance claims: In the week ending Feb. 28, the advance figure for seasonally adjusted initial claims was 639,000, a decrease of 31,000 from the previous week’s revised figure of 670,000. The 4-week moving average was 641,750, […]

Research warns two degree rise will halve rainforest "carbon sink"

New study warns that even "safe" level of global warming will lead to huge increase in rainforest mortality rates by James Murray The impact of global warming on tropical rainforests will be so severe that even increases in temperature that are widely regarded as "safe" could raise tree mortality rates to such a level that […]

Uganda glaciers gone by 2025; malaria, drought, and crop failure to increase

  KAMPALA, 3 March 2009 (IRIN) – The ice caps on the Rwenzori Mountains along Uganda’s western border have receded significantly in the past century and could disappear completely in the next few years, experts said. "The results of recent mapping are alarming," Philip Gwage, assistant commissioner in charge of meteorology in the ministry of […]

Three-quarters of European bird species in decline

Climate change is already having an impact on European bird species, according to British scientists. Details of the study by an international team of researchers have been published in the journal Plos One. Some birds are expected to do well as temperatures rise, but these are in the minority, the researchers write. "Overall, the trend […]

Two-thirds of antelope species in decline

  The springbok is the only antelope species whose population is on the rise, according to a new review by the Red List for the International Union for Conservation of Nature (IUCN). In addition, over a quarter of the antelopes, 25 species out of 91, are considered threatened with extinction. “Unsustainable harvesting, whether for food […]

California home sites turn to wasteland

By Roger Vincent By day, it’s far too quiet at the site of a planned housing and retail development on a former Navy base in Oakland. At night, neighbors can hear the thieves come out. They rip out copper wire, haul away pipes and take anything else they can steal from dozens of buildings on […]

Oil producers running out of storage space

Glut caused by world slowdown leaves the world awash in crude NEW YORK – Supertankers that once raced around the world to satisfy an unquenchable thirst for oil are now parked offshore, fully loaded, anchors down, their crews killing time. In the United States, vast storage farms for oil are almost out of room. As […]

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