[identity profile] madman101.livejournal.com
There are a number of events which possibly lead to a chaos phase-shift into a full global crash. I think this would be one of them:

(guardian.co.uk, 8/24/12): Angela Merkel rejects Greek pleas for extra two years to repay loans - http://www.guardian.co.uk/business/2012/aug/24/angela-merkel-rejects-greek-pleas-loan-extension


May. 13th, 2012 04:40 pm
[identity profile] madman101.livejournal.com
NPR's "All Things Considered, (Weekends)" is finally airing an excellent, & concise, story on the Greek debt, and the whole Euro mess - giving time to economists suggesting that the whole austerity approach is based on a fallacious, moralistic view of credit, as opposed to dealing with REALITY. Austerity ultimately leads to countries to being even more indebted than they started out, due to the forced decline of economic activity. It's a very simply, clear report, airing presently, (or via FEED), or it will be available via podcast soon. http://www.npr.org/series/129577422/weekends-on-all-things-considered - If you want a nice intro to the subject, this is it.
[identity profile] madman101.livejournal.com
Bloomberg - The $25 billion settlement with banks over foreclosure abuses may trigger a wave of home seizures, inflicting short-term pain on delinquent U.S. borrowers while making a long-term housing recovery more likely. Lenders slowed the pace of foreclosures as they negotiated with attorneys general in all 50 states for more than a year over allegations of faulty and fraudulent paperwork used to repossess homes. With today’s agreement, banks are likely to resume property seizures. http://www.bloomberg.com/news/2012-02-09/foreclosure-deal-to-spur-new-wave-of-u-s-home-seizures-help-heal-market.html

VIDEO - The Story Behind The Battle Of Oakland - "On January 28th, 2012, Occupy Oakland moved to take a vacant building to use as a social center and a new place to continue organizing. This is the story of what happened that day as told by those who were a part of it. Features rare footage and interviews with Boots Riley, David Graeber, Maria Lewis, and several other witnesses to key events." http://occupywallst.org/article/oakland-perspectives-move-in-day/

NYT - The Occupy Movement May Be in Retreat, but Its Ideas Are Advancing - http://mediadecoder.blogs.nytimes.com/2012/02/09/the-occupy-movement-may-be-in-retreat-but-its-ideas-are-advancing/

More food for thought... )

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