Hard hitting global and local news
Read the article: ECB Leaves Rates Unchanged, Significantly Downgrades 2013 Economic Forecast; Is Italy Falling Into the Abyss?
Links The DARPA Vacuum December 6, 2012 (LD) – A conscious, pragmatic movement, as well informed as it is technically competent, pursuing advanced localism , post-scarcity and the reduction of disparity, elitism, insidiously imposed social engineering, and economic interdependency, has little to fear as it moves forward. However, as the paradigm-shift exists now – there lacks any clear vision for the future, or situational awareness of the present
Anyone believing those myths needs to consider Euro Countries (and the IMF) Can Learn from Latvia’s Economic Success . In 2008–09, Latvia lost 24 percent of its GDP.
View the original here: Charts of the Day: Consumer Debt Components Since 2003 and Since the Start of the 2007…
Links Don’t Survive the "Collapse" – Prevent It December 5, 2012 (LocalOrg) – Cuba, Thailand, New York City. All three have faced either economic or natural disasters
Eli Rabett Eli Rabett Eli Rabett is a not quite failed professorial techno-bunny, a chair election from retirement, at a wanna be research university that has a lot to be proud of but has swallowed the Kool-Aid. The students are naive but great and the administrators vary day-to-day between homicidal and delusional. His colleagues are smart, but they have a curious inability to see the holes that they dig for themselves
A month earlier, Turkey was strafing villages in northern Iraq . In June 2012, the BBC reported in their article, " Turkey in new air strikes on Kurdish rebels in Iraq ," that:Â Turkey’s military has confirmed further air strikes against Kurdish rebel bases in northern Iraq
See more here: Republican Infighting Over Fiscal Cliff; Senator DeMint Says House Speaker Boehner’s Proposal Will "Destroy American Jobs"; Reflections…
A modest carbon tax has modest carbon reduction results Been meaning to highlight Brad Plumer’s post on a paper about the effect of a carbon tax on emissions (full paper here ). Â A tax of $20/ton, with an inflation-adjusted 4% annual increase, knocks emissions down 14% by 2020, and a larger number in 2050 if you believe economic projections that far in the future