December 14, 2011
Methane Fountains are pouring out of melting permfrost forming seas of methane. The effect of this gas in the atmosphere are unfortunately going to increase the action of instability in the atmosphere.
December 11, 2011
The internet can change the world. Volunteer grandmothers educate children in India for free. People find new ways to improve life by sharing knowledge. It is not just web pages, but entirely new paradigms of political force, economic change and social equity that will emerge. The Indian Granny Cloud is one such world changing movement.
When taxpayers paid hundreds of billions to bail out banks, we were never told in reality what we were investing in. The scale of the problem created by securitisation could mean problems for decades if we do not revise basic principals of what is economically efficient and what is fantasy.
Would it be correct to say that the 1% have the world’s capital reserves locked up in tax shelters? How long before former world powers wake up to this? And what will the consequences be?
December 10, 2011
On one hand we have 27 countries agreeing that there is a solution in unity, and on the other protecting London’s financial influence and therefore effectiveness – a crumbling cornerstone – a shambles of belief in a system that has massively artificially inflated the economy without deflating the currency because electronics and computer muscle provide a sea changing wealth of opportunities to create capital, that is financial obligations committed with regard to imbalances in the ratio of risk vs return when things went wrong.
A Unification of the rights and obligations of all European citizens is commended by all but the British. Mutualising the benefits of “state capital” to the benefit of Europe would require considerable contribution of raw capital power that London City is and unlike other major sponsor economies in the EU – Great Britain is reluctant to play ball. Being singled out as the new Switzerland is one thing.
Europe becoming what it will become is probably a better destiny for the entire zone with the UK integrated into it, but is what Cameron has done a bad thing for Great Britain? In the final analysis that is not what matters.
December 5, 2011
Iran warns of a crushing response if US drone aircraft were in Iran’s airspace and have shot one down. Recently, NATO made a terrible mistake and attacked Pakistan forces in the border of Afghanistan and Pakistan.
It seems logical that the US may need to withdraw from its Afghan adventure, and this could leave Afghanistan to the Taleban and for Iran to engage as the local Shi’ite power. The US can probably repair the damage done in Pakistan with reparations of some sort which probably would be protecting Pakistan from its neighbours.