Overdose: The Next Financial Crisis
From Journeyman Pictures: The financial storm of 2008 began brewing in when the US congress pushed the idea of home ownership for all. When it all went wrong, they opted for gargantuan bailouts for the big banks. This documentary offers fresh insight into the greatest economic crisis of our age: the one still awaiting us.
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Brace for the coming oil, food and financial crash
Nafeez Ahmed
A new research study by HSBC on global oil supply shows that the bulk of the world’s oil production has peaked and is now in decline. Welcome to a new age of permanent economic recession driven by our ongoing dependence on dirty, expensive, difficult oil — unless we choose a fundamentally different path.
What 12’financial experts predict for the economy in 2017
Daisy Luther, The Organic Prepper blog
What lies ahead for the economy this year? Will there be a global economic collapse as predicted by many or will the early positive signs in stock markets around the world continue? While focused on the U.S., this compilation by Daisy Luther of forecasts by 12 leading experts has implications for the entire global economy.
Financial markets are now betting against the future of the planet
Ben Chu
The Paris climate agreement was hailed by Al Gore as the moment when “the community of nations finally made the decision to act”. But there’s been no readjustment of energy stock prices since then. Indeed, the flotation of a tranche of Saudi oil giant Aramco, is expected to create the most valuable company on earth.
Twelve reasons why globalisation is a huge problem
Gail Tverberg, Our Finite World
Globalization seems to be looked on as an unmitigated “good” by economists. Unfortunately, they miss the point that the world is finite. We don’t have infinite resources, or unlimited ability to handle excess pollution. So we’re setting up a “solution” that is at best temporary. Here’s why globalization is, in fact, a very major problem.