Sunday, 15 January 2012 03:00

Nigeria megacity shows signs of strain amid strike

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"LAGOS, Nigeria (AP) -- Market stalls and food sellers can only return to the streets at dusk to do business or else risk the wrath of angry demonstrators for breaking the nationwide strike. ATMs are starting to run out of money, and gangs of young men have taken over some highways and overpasses."

Lagos Nigeria, estimated population between six and nine million, may be the first to show us all the very dark side, the savagery, of collapse.  The oil labor strike in the world's 12th-largest producer worsens and oil prices are poised to disappear vertically. We should not smugly conclude that our cases will all be different. We will all be touched by it in one way or another.

Until you change the way money works, you change nothing. -- MCR

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Last modified on Sunday, 15 January 2012 03:04

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