We are heading for a global environmental credit crunch

Although this credit crunch may pose a legitimate threat to many livelihoods and pensions, there is another crunch we have much greater reason to fear. We are in the midst of a credit crunch that threatens not only the economy of every country, but also the fate of thousands, if not millions of species, including our own. Our actions, largely driven by the capitalist market, are depleting Earth's resource bank at unprecedented rates, causing a shrinking ... Full Story »

Posted by Mike LaBonte

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Mike LaBonte
4.2
by Mike LaBonte - Oct. 1, 2008

The credit crunch metaphor is clever, and this makes it's case supported by a ton of good links.

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