Is there any doubt that we are living in a bubble economy? At this moment in the United States we are simultaneously experiencing a stock market bubble, a government debt bubble, a corporate bond bubble, a bubble in San Francisco real estate , a farmland bubble, a derivatives bubble and a student loan debt bubble. And of course similar things could be said about most of the rest of the planet as well. In fact, the total amount of government debt around the world has risen by about 40 percent just since the last recession. But it is never sustainable when asset prices and debt levels increase much faster than the overall level of economic growth. History has shown us that all financial bubbles eventually burst. And when these current financial bubbles in America burst, the pain is going to be absolutely enormous. You know that things are getting perilous when even the New York Times starts pointing out financial bubbles everywhere. The following is a short excerpt from a recent NotQuant article … The New York Times points out that just about everything on Earth is expensive by historical standards
Par Jean-Pierre Mbelu Certaines questions historiques engageant notre devenir collectif reviennent sur le devant de la scène politique mondiale. Elles posent le problème du traitement que nous leur avons réservé et des conséquences que nous en avons tirées.
Random comments from the internets are the best. Timeline Photos “First of all, I have absolutely no interest in arguing with anyone.
Linda Greenhouse is the Knight Distinguished Journalist in Residence and Joseph Goldstein Lecturer in Law at Yale Law School. She covered the Supreme Court for The New York Times between 1978 and 2008, and currently writes a biweekly column on law.
Hundreds of students on Monday register protest against Israel’s aggression on Palestine. Students of various educational institutions of Srinagar pitched slogans in favour of Gaza who were…
Uit het PowNews van 11 november 2010: Protesteren met een iPad, veel opruiende leuzen voor weinig gewicht.
[WATCH] : Former French President Nicolas Sarkozy Placed Investigation Over Corruption Nicolas Sarkozy has been placed under formal investigation on suspicion of so-called “influence peddling”, in a move that could wreck his chances of a politi… From: Channel Express Video Views: 65 2 ratings Time: 01:02 More in News & Politics
Maria Lourdes Sereno is USELESS for Noynoy Aquino (P-Noy) . Raissa Robles to the rescue. #DAPisUnconstitutional #corruption
” Raissa Robles is perhaps the only journo in the history of mankind to prove 13 justices dead wrong and save Daang Matuwid in the process. If not for her, we wouldn’t know that the justices and their USELESS army of legal researchers overlooked Chapter 5, Section 49 of the Administrative Code of 1987.
A strong and shallow earthquake measuring M6.4 on the Richter scale was registered off the coast of Mindanao, Philippines, on July 14, 2014, at 07:59 UTC. USGS is reporting depth of 22.5 km (14 miles).Epicenter was located 83 km (52 miles) SSE of Pondaguitan and 101 km (63 miles) ESE of Caburan, Philippines.There are 17 177 people living within 100 km radius.USGS issued green alert for shaking-related fatalities and economic losses. There is a low likelihood of casualties and damage.Overall, the population in this region resides in structures that are a mix of vulnerable and earthquake resistant construction.Population exposurePopulation per ˜1 sq.