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Your world at risk. How the impossible becomes the inevitable.

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The next great crisis: America’s debt

Posted by Matt in June 9th, 2009 | no comment 
Published in Economy, U.S., , , , , , , , , , , , , , , , , , ,

At this rate, your share of the load will be $155,000 in a decade. How chronic deficits are putting the country on a path to fiscal collapse.
Normally Paul Krugman, the liberal pundit and Nobel laureate in economics, and Paul Ryan, a conservative Republican congressman from Wisconsin, share little in common except their first names and [...]

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Why Russia is breaking its deals

Posted by Matt in July 1st, 2008 | no comment 
Published in Energy, Oil, Russia, , , , , , , , ,

The rapid increase in oil prices and the rise in metal and mineral demand worldwide have made the Russians overconfident. Their annual cash income in the last four years has grown fourfold. The economic crunch of the 1990s is behind them. Thus the Russians have become somewhat politically belligerent, visible in the opposition they have [...]

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