U.S. Public Finances: We’re Screwed!

By Adrian Ineichen In 2010, the US federal government will run a projected deficit of $1.556tr or about 10.8% of GDP. The total US federal public debt outstanding is currently $12.3tr or 85.3% of our GDP. Excluding federal intragovernmental holdings,…

Categories: Domestic Policy, Economy

Peak Oil, Peak Soil

During the run up in oil prices in summer 2008, the idea of peak oil began to gain broader traction. Peak oil — when aggregate oil extraction reaches its peak and begins a terminal decline — will spell the end…