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thabet
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thabet
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thabet
Joseph Stiglitz argues that “the world must look to new patterns of consumption and production”.
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Lawrence of Arabia
it seems to me that those in the u.s. who wish to secure energy independence from the middle east have put little thought into what the world is going to look like when the great oil producing countries are no longer receiving revenues from that source. when the wells finally run dry, the collapse of several national economies cannot possibly be a pretty picture, it seems to me.
saudi arabia, et al., should squeeze every dollar and euro out of their wells that they possibly can while they can because they could be looking at a very bleak economic future.
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willow
Is this America? I swear, some days I just want to pack it up and go back to Africa…
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thabet
Shops ration sales of rice as US buyers panic.
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thabet
IMF estimates total global losses from the deterioration of credit as of March at $945bn.
