Entries from October 2008

October 31, 2008

Why I wrote When Technology Fails (Matthew Stein)

By Matthew Stein, P.E., Author of When Technology Fails: A Manual for Self-Reliance and Planetary Survival, ISBN #978-1933392837, published by Chelsea Green Publishing, White River Junction, VT (800) 639-4099  http://www.chelseagreen.com
http://www.whentechfails.com/
You might wonder what an MIT engineer is doing writing about the failure of technology.
I doubt that we will see technology fail in one [...]

October 31, 2008

WTSHTF

Here’s the pulse on the global situation as monitored by the doomsday community:
http://www.doomers.us/forum2/index.php/topic,29537.0.html
http://www.doomers.us/forum2/index.php/topic,29441.0.html
http://www.doomers.us/forum2/index.php/topic,29608.0.html
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October 27, 2008

Decline USA Breaking News for MONDAY 27 October 2008

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Henry Paulson closes door on hopes of bailout for UK insurers
British insurance companies will not be bailed out by the United States, The Times has learnt. It is understood that, although Henry Paulson, the US Treasury Secretary, was prepared to listen to appeals for cash from British and American insurers, he is adamant that US [...]

October 26, 2008

When the Grid Fails – Zero Growth

by Ted Ollikkala
Sunday, 26 October 2008
THE END OF STOCKS, CASH, AND CREDIT

What will happen when the recession firmly kicks in, and businesses that cannot expand their growth and/or make increasing long-term profits see their stock worthless (stock has no intrinsic value anyways, it’s just a piece of paper) as there will be no investors willing [...]

October 26, 2008

Decline USA – Breaking News for SUNDAY 26 October 2008

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Why U.S. banks still aren’t lending
Many are hoarding cash, don’t expect credit climate to improve until 2010
Simply put, banks are hoarding cash, and the influx of government money won’t necessarily change their plans. That’s the case with Citigroup, which has shrunk the size of its balance sheet by 13 percent over the past year and [...]

October 8, 2008

October 2008 Meltdown. What’s ahead – the next 5 years

Trickle down Economics
What goes on in Washington, Wall Street, and behind closed doors in the Halls of Europe will be affecting the average American in just a few short weeks. Be prepared and do the needful, as they say in India!
Are you grasping the scale of the October 2008 economic crisis? Once the damage takes [...]

October 7, 2008

October 2008 fear panic meltdown crash – It’s real

This is a series of current (7 Oct 2008) articles which spell out the global economic crisis in black and white, with some superlative moribund adjectives thrown in to make you sit up and take notice. Indeed, ask yourself when have you heard any of these phrases in your lifetime?
Financial Meltdown: We’re on “the Edge [...]