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"Even though the U.S. financial system nearly experienced a total meltdown in late 2008, the truth is that most Americans simply have no idea what is happening to the U.S. economy. Most people seem to think that the nasty little recession that we have just been through is almost over and that we will be experiencing another time of economic growth and prosperity very shortly. But this time around that is not the case. The reality is that we are being sucked into an economic black hole from which the U.S. economy will never fully recover. The problem is debt. Collectively, the U.S. government, the state governments, corporate America and American consumers have accumulated the biggest mountain of debt in the history of the world. Our massive debt binge has financed our tremendous growth and prosperity over the last couple of decades, but now the day of reckoning is here. And it is going to be painful. The following are 20 reasons why the U.S. economy is dying and is simply not going to recover.... #1) Do you remember that massive wave of subprime mortgages that defaulted in 2007 and 2008 and caused the biggest financial crisis since the Great Depression? Well, the "second wave" of mortgage defaults in on the way and there is simply no way that we are going to be able to avoid it. A huge mountain of mortgages is going to reset starting in 2010, and once those mortgage payments go up there are once again going to be millons of people who simply cannot pay their mortgages. The chart below reveals just how bad the second wave of adjustable rate mortgages is likely to be over the next several years...."

"HONIARA, Solomon Islands - Landslides and a tsunami destroyed the homes of about one-third of the population on a Solomon Island, but lives were likely spared as residents with memories of previous disasters fled quickly to higher ground, officials said Tuesday. From the air, extensive damage could be seen on a remote western island after a 7.2-magnitude temblor triggered the landslides in the Pacific Solomon Islands on Monday, said disaster management office director Loti Yates. No injuries have been reported some 30 hours after the biggest in a series of quakes churned a tsunami wave that was up to 10 feet (3 meters) high as it plowed into the coast, officials said. However, more than 1,000 people have been affected after some 200 houses were destroyed on Rendova, an island some 190 miles (300 kilometers) from the capital Honiara. Only 3,600 people live on Rendova. Photographs taken from police helicopters Tuesday showed debris lining the foreshore and damaged houses on the coasts of Rendova and Tetepare, as well as deep scars on hills and cliffs caused by landslides. Yates said some 200 households were taking shelter in emergency centers on Rendova."

How Hwee Young / EPA A strong 6.6 magnitude earthquake hit a remote, mostly rural and mountainous area of southwestern China's Sichuan province on Saturday, killing scores of people and injuring thousands close to where a big quake killed almost 70,000 people in 2008. Launch slideshow By John Ruwitch, Reuters LUSHAN, China - Hundreds of survivors of a 6.6-magnitude earthquake that hit southwest China, killing nearly 200 people, pushed into traffic along a main road on Monday, waving protest signs, demanding help and shouting at police. "We are in the open air here. No place to sleep, nothing to eat. No one is paying any attention to us," said Peng Qiong, 45, a farmer in Chaoyang village on the outskirts of Lushan, near the epicenter. China has poured resources into Sichuan since Saturday's quake, including 1 billion yuan ($161.9 million) from central coffers for disaster relief and compensation. About 18,000 troops are in the area.

"World Health Organization Director-General Margaret Chan says she is disappointed a deal on climate change was not struck in Copenhagen. But she says important steps were taken that, she believes, will ultimately result in an agreement to stop or retard climate change. She says the relationship between climate change and health is obvious. For example, she says millions of people will suffer from either too much water or too little water under climate change. Chan says extensive flooding may lead to loss of life from drowning and disease. She says contaminated floodwaters can cause fatal illnesses, such as diarrhea and cholera. On the other hand, she says some areas will have too little water and prolonged drought will affect the kind of crops people normally grow. "The prediction is that in the next 20 years to 30 years, if the situation continues to get worse, the productivity from the agricultural sector and from subsistence farming in Africa, the production would reduce by as much as 50 percent," she said. "If there is any truth to that, can you imagine the impact on hunger, on acute and chronic malnutrition?" Scientists say the warming of the planet will be gradual, but that extreme weather events will increase in frequency and intensity. They say the effects of more storms, floods, droughts and heat waves will be abrupt and profound. The World Health Organization says the effects of so-called climate-sensitive diseases already are killing millions of people. WHO reports more than three-and-a-half million people die every year from malnutrition-related causes. It says diarrhea-related diseases kill nearly two million people and almost one million die from malaria."

"A 19th-century illustration by Currier & Ives shows the traditional vision of Noah's ark. That they processed aboard the enormous floating wildlife collection two-by-two is well known. Less familiar, however, is the possibility that the animals Noah shepherded on to his ark then went round and round inside. According to newly translated instructions inscribed in ancient Babylonian on a clay tablet telling the story of the ark, the vessel that saved one virtuous man, his family and the animals from god's watery wrath was not the pointy-prowed craft of popular imagination but rather a giant circular reed raft. The now battered tablet, aged about 3,700 years, was found somewhere in the Middle East by Leonard Simmons, a largely self-educated Londoner who indulged his passion for history while serving in the RAF from 1945 to 1948. The relic was passed to his son Douglas, who took it to one of the few people in the world who could read it as easily as the back of a cornflakes box; he gave it to Irving Finkel, a British Museum expert, who translated its 60 lines of neat cuneiform script. There are dozens of ancient tablets that have been found which describe the flood story but Finkel says this one is the first to describe the vessel's shape. "In all the images ever made people assumed the ark was, in effect, an ocean-going boat, with a pointed stem and stern for riding the waves - so that is how they portrayed it," said Finkel. "But the ark didn't have to go anywhere, it just had to float, and the instructions are for a type of craft which they knew very well. It's still sometimes used in Iran and Iraq today, a type of round coracle which they would have known exactly how to use to transport animals across a river or floods.""