Month September 2009

NYC plans for rising water levels

Sea level may rise faster near New York than at most other densely populated ports due to local effects of gravity, water density and ocean currents, according to four new forecasts of melting ice sheets Storm surges from hurricanes are…

Ten financial bubbles in the making

Clusterstock cheerfully lists ten financial bubbles to watch out for. Some are relatively minor, with the biggies being China and commercial real estate (which is already popping.) For example, half a trillion in shopping center loans originally financed at low…