How Food Riots, Pricey Gas and Home Foreclosures Point to a Better Future
Can anybody make sense of what the heck is going on today? A lead story in the news covers the rioting in Haiti and a half-dozen other nations as food prices soar. Another front-page column reports that the U.S. subprime mortgage crisis is seizing up credit markets worldwide and contributing to housing woes -- possibly even economic destabilization -- in Ireland, Spain, Britain and elsewhere. Other news reports the discovery of a huge fracture in Antarctica’s vast Wilkins ice shelf, drawing attention to the slow-motion crisis of climate change. And there are ongoing reports about water shortages in Africa and Asia, droughts in Australia, sky-rocketing oil costs, the razing of the Amazon and images of war and terror. →
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