The perfect storm that's about to hit
Rising oil prices and a weak dollar could shatter the global economy
by Jeremy Rifkin, the Guardian

The average nationwide price of a gallon of gasoline in America reached a record high of $1.77 this month. The steady spike in prices has left analysts wondering if this is a harbinger of even more dramatic increases as motorists head into the spring and summer months. Get ready for what might become the economy's version of the perfect storm later this summer. The devastation could quickly spread to the UK and the rest of the world, with dire consequences for the global economy.

Full story here.