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UPDATE (originally published May 29th)

Former long-time Russian Minister of nuclear energy and veteran Soviet physicist Viktor Mikhailov knows just how to fix BP’s oil leak: “A nuclear explosion over the leak.”

Mikhailov, in a special report by Reuters, validates what Matt Simmons has been saying all along…

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Get the May 2010 edition of Land, Labor & Capital

Hugh Hendry vs. Jeffrey Sachs: Europe

Marc Faber – the Next AIG?

June 15th Update: Matt Simmons raises leak estimate to 120,000 barrels a day