A host of economic and political forces are leading to growing concern about the bursting of an "historically unprecedented credit bubble" that could lead to a collapse of the U.S. economy.
Present worrisome trends include "a persistent and increasing resort to debt-financed growth and a concomitant, growing imbalance in the trade deficit, leading the U.S. ever further into financial dependency ...leaving it dangerously indebted to rival nations, which could (at least theoretically) pull the plug at any time. This, in turn, is occurring against the backdrop of an increasingly problematic, Vietnam-style quagmire in Iraq, against imperial overstretch, and against a related ongoing crisis in energy prices, itself spurring an ever more frantic competition for energy security, which will surely intensify existing global and regional rivalries."
Thanks to Michael Dudley
Read the full story: What Could Go Wrong in 2005?
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Amtrak, CN end decades-long dispute with eight-year agreement
The new operating agreement establishes an updated framework for the companies to work together, including processes to resolve disputes.
Judges permit Denver to divert 77,000 acre feet from the Colorado River for reservoir expansion
Overuse and climate change have caused the Colorado River’s water levels to plummet.
Idaho may see an 18% drop in federal surface transit funding — the largest estimated cut in the US
Transit systems in rural communities are much more reliant on federal funding to provide their services.
How ‘post-disaster gentrification’ alters neighborhoods after natural calamities
After hurricanes, fires or other calamities, the original residents of a community are often replaced by younger, wealthier residents.
Maryland local governments examine if they should have more power to raise property taxes
Maryland’s housing market is out of reach for the majority of moderate-income residents.
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
Harvard University Graduate School of Design
KFH Group Inc.
Greater Baltimore Committee
The Architects Foundation
University of Cincinnati Online
The Pocatello Development Authority
The Urban Renewal Agency of the City of Pocatello