economy

re-posted from my blog - oilshockhorrorprobe

The International Energy Agency has again warned that the high oil price could strangle hopes for a global economic recovery. It also says that 90% of future growth in oil production has to come from the Mid-East, mostly from Saudi Arabia. Without a $100 billion annual investment in that region, oil prices will exceed $150 a barrel. But Saudi Arabia has just announced it is halting its $100 billion oil expansion program? This does not compute. » Read more

Recently Mike Ruppert gave a major speech in Portland Oregon, on the 10th anniversary of 9/11.

In it he talks about the spiritual underpinnings of his Gaian viewpoint and advocates forgiveness of debt as a first step in the healing of the planet.

The speech is available here:
http://www.youtube.com/watch?v=RbiyCldxG8s

Questions and answers are here:
http://www.youtube.com/watch?v=OjqUkLJ0JPQ&feature=related

The evolving situation in Greece should be holding our attention - certainly more than we are getting in out media - as so much hangs on its outcome.

This week Michael Ruppert interviewed Max Keiser on the background to the debt crisis and how Peak-Oil and "Peak Credit" are interwoven.

I have written an article trying to encapsulate what they talked about as well as provide the most recent footage of the Greek demonstrations.

Available at; http://robinwestenra.blogspot.com/2011/06/max-keiser-imf-uses-greeces-as...

Chris Martenson has written an excellent, and very clear article on the whole debt problem and its relationship to resource depletion. Basically, he is saying "what can't be fixed, won't"

The first part of the article is available on my blog.

www.robinwestenra.blogspot.com