Live World Indices are powered by

Tuesday, January 26, 2016

EYE on the World - CNN " Doomsday Clock?"

CNN 2016 Doomsday Clock Unchanged?

"CNN's Doomsday clock is overly optimistic as it does not include;  extreme overpopulation, accelerating non-renewable resource exhaustion, rapid acidification of oceans, trending species extinction and destruction of bio-diversity, (particularly, honey bees) and the dramatic loss of arable land and fresh water supplies. In short, there may be about 30 seconds left, at best ... " -  First Financial Insights Inc. 2016

Lawrence Krauss unveils the "Doomsday Clock" Tuesday, showing that the world is now three minutes away from catastrophe.
Lawrence Krauss unveils the "Doomsday Clock" Tuesday, showing that the world is now three minutes away from catastrophe.
Can Canada Balance Budget with Low Oil Prices?
In all likelihood, the country faces unprecedented monumental budget deficits in the coming years that will cause further downward pressure on its currency. Could the loonie hit .40 or lower? Possibly! Depends on  how long and deep this "transitory" oil price slump lasts. The chart below shows that many other countries are also desperate for higher prices to return - or else,  they too face the prospects of economic, currency and political collapse.  You don't need to be a rocket scientist orNoam Chomsky to figure out where future social turmoil and political unrest is most likely to occuron our planet -  and clearly why.

 Brent Crude, currently hovers around $33 US a barrel

 - January 26, 2016