By Terry Weiss, Money Morning Richard Duncan, formerly of the World Bank and chief economist at Blackhorse Asset Mgmt., says America’s $16 trillion federal debt has escalated into a “death spiral, “as he told CNBC. And it could result in a depression so severe that he doesn’t “think our civilization could survive it.” And Duncan […]
By Bill McKibben19 July 2012 If the pictures of those towering wildfires in Colorado haven’t convinced you, or the size of your AC bill this summer, here are some hard numbers about climate change: June broke or tied 3,215 high-temperature records across the United States. That followed the warmest May on record for the Northern […]
By Guy McPherson22 June 2012 British economist John Maynard Keynes (1883-1946) is well known for his views on monetary policy. The printing-press approach he forwarded is widely used today, especially as the world-wide Ponzi scheme nears its end. My favorite line from Keynes: “In the long run, we’re all dead.” As I pointed out in […]
By Fred Guterl 25 May 2012 Adapted from The Fate of the Species: Why the Human Race May Cause Its Own Extinction and How We Can Stop It, by Fred Guterl (Bloomsbury USA, 2012). The eminent British scientist James Lovelock, back in the 1970s, formulated his theory of Gaia, which held that the Earth was […]
By Eric Pfeiffer, The Sideshow4 April 2012 A new study from researchers at Jay W. Forrester’s institute at MIT says that the world could suffer from “global economic collapse” and “precipitous population decline” if people continue to consume the world’s resources at the current pace. [Here’s a pdf of Dr. Turner’s 2008 paper: “A comparison […]
By JEREMY PELZER Star-Tribune capital bureau23 February 2012 CHEYENNE – State Rep. David Miller, R-Riverton, has seen the national debt rise above $15 trillion and protest movements grow around the country. Wealthy Americans are fleeing the country, he says, and confidence in the dollar has taken a hit around the world. If America’s economic and […]
By Fred Pearce10 February 2012 LONDON – We can forget about fixing the planet’s ecosystems and climate until we have fixed government systems, a panel of leading international environmental scientists declared in London on Friday. The solution, they said, may not lie with governments at all. “We are disillusioned. The current political system is broken,” […]
[Longtime readers know how Desdemona feels about most of these geo-engineering schemes: So the leaders of men conceived of their most desperate strategy yet.] By John Vidal, environment editor, The Guardian5 February 2012 A small group of leading climate scientists, financially supported by billionaires including Bill Gates, are lobbying governments and international bodies to back […]
Prominent doom blogger Gail Zawacki, of Wit’s End fame, has succumbed to the demands of her high-school-aged kid and created a new website for her collection of photographs and scientific papers. Here’s how Gail describes the new site: I hadn’t paid much attention to climate change, even though I saw An Inconvenient Truth when it […]
[This is Desdemona’s kind of satire.] WASHINGTON, 26 January 2012 (The Onion) – Saying there’s no way around it at this point, a coalition of scientists announced Thursday that one-third of the world population must die to prevent wide-scale depletion of the planet’s resources—and that humankind needs to figure out immediately how it wants to […]