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Olduvai III: Catacylsm
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Why Is The Mainstream Media Suddenly Buzzing About “Another Global Financial Crisis”?

Why Is The Mainstream Media Suddenly Buzzing About “Another Global Financial Crisis”? All of a sudden, the mainstream media is starting to sound a lot like The Economic Collapse Blog.  Throughout the Obama years, the mainstream media in the United States always seemed extremely hesitant to suggest that difficult economic times may be ahead, but […]

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Shale Company Defaults On $175 MM In Bonds Without Making A Single Interest Payment

Shale Company Defaults On $175 MM In Bonds Without Making A Single Interest Payment Update: And just to prove that people are indeed, idiots, moments ago this hits: ENERGY XXI GULF COAST, INC. PRICES UPSIZED PRIVATE OFFERING OF $1.45 BILLION OF 11.000% SENIOR SECURED SECOND LIEN NOTES DUE 2020 We set the odds at 75% […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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