The Refugee Tsunami

August 23rd, 2015
in Op Ed

by Reverse Engineer, Doomstead Diner

A growing problem all across the Globe is that of Refugees. Millions of people trying to flee from one place and seek refuge in another. The reasons appear to vary, in some cases because of ongoing conflict and war; in others due to Drought and the inability to provide enough food for the local population; other cases due to religious and ethnic differences between classes in the local society, etc.

The Refugee problem is one of several Collapse Topics to be covered in a Live Broadcast this Sunday (that's today) at High Noon Alaska Time on the Collapse Cafe You Tube Channel

Guests to include Nicole Foss, Gail Tverberg, Ugo Bardi, Steve Ludlum, Tom Lewis and Norman Pagett

(assuming everyone's plugins work right and the bandwidth is decent)

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Do Markets Determine the Value of the RMB?

August 22nd, 2015
in Op Ed

by Michael Pettis, China Financial Markets

Last Tuesday the PBoC surprised the markets with a partial deregulation of the currency regime, prompting a great deal of discussion and debate about the value of the RMB. Part of the discussion was informed by a consensus developing in one part of the market that the RMB is no longer undervalued but is in fact overvalued. Why? Because if left to the "market", that is if the PBoC stopped intervening, the excess of dollar demand over supply would force the RMB to fall.

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Trumping the Federal Debt Without Playing the Default Card

August 21st, 2015
in Op Ed

by Ellen Brown, Web of Debt

"The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default."- Former Fed Chairman Alan Greenspan on Meet the Press, August 2011

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Russia and the Arctic: Crunch Call on Moscow's Territory Claim is Fast Approaching

August 20th, 2015
in Op Ed

by Duncan Depledge, The Conversation

Tensions have increased a notch in the Arctic with the news that the Russians have started a major military exercise in the region. Nearly 40,000 servicemen, 41 warships and 15 submarines will be taking part in drills to make them combat-ready – a major show of strength in an area that has long been an area of strategic interest to Russia.

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Stop the Wishful Thinking: Obama's Feeble Power Plan Still Isn't Clean Enough

August 19th, 2015
in Op Ed

by Tim Kruger, The Conversation

No doubt, you heard the good news. Barack Obama has announced the US is pushing through plans to reduce emissions of greenhouse gases. Rejoice! Rejoice! We’ve got this climate problem licked – hurrah!

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