Scratches to Sketches
Friday, 14 June 2013
Wall Street Tries to Open Loopholes in Derivatives Regulation - Economic Intelligence (usnews.com)
Typical Yankee Doodle negative freedom approach. It should scare / scares the hell out of responsible societies that build economies on ethics and on morals!
The Great Recession, a Housing Bubble and Bad Credit - Economic Intelligence (usnews.com)
Well to be more exact, we had so much growth in new housing that effective demand for housing could not keep up. If housing growth had been slower then effective demand would have kept up. Effective demand is essentially the permanent incomes needed to actually purchase a home when interest rates are allowed to move up as well as down. In short, there was a bubble of houses brought on by a bubble of credit! A rule of thumb is not to sell a home to someone when their effective income times four is less than selling price / need to borrow! Problem is also that personal debt can bubble up to take away capacity to repay mortgage.
Justin Trudeau’s hoggishness proves he’s not too nice to run the country | Full Comment | National Post
Guess charities should not hire such key speakers! For speakers there is the question of opportunity costs, of what is lost to make a deal even if it seems harsh when costs are not met.
Syrian War is Taking a Dangerous Shape and a Major Fight Will Not Be Good for World Stability in All of its Dimensions .. Economic ... Health ... Etc.
As the war gears up and up, there is a danger of transformation of the Middle East and well beyond.
Timing is bad as Israel fears for its future from nuclear threat of Iran. The nightmare would be a war in which major economies are drawn into a fight to the end dragging down the world economy.
Assad must go, but he has neighbours such as Russia and friends such as Iran who are protecting his interests.
Peace is unlikely and stock markets should expect major adjustment in the year ahead!
Round or rectilinear home or bridge? The Alan Dawson steel house is revolutionary ....
For those interested in unusual but amazing home designs? A house built like a bridge?
Alan went bankrupt, but his steel prefab system lives on and he may license the patent of this revolutionary method of building homes from prefabricated pieces .... A design system that took him 22 years!
Earthquake resistant? Builders in New Zealand are interested! What about California?
Have a look!
Police officer shoots kittens in front of children
Sick approach that needs correction!!!!
Such is the violence US gun laws and distorted attitude to life can produce?
If he can use a gun he does! Availability is itself the promotor?
NASA captures image of massive solar flare
So what happens to the X-rays? What is the total medical effect?
Avaaz - Stand with Edward Snowden
Spying can change the course of history, certainly the lives of individuals. The urge to whistleblow on the misuse of powers designed in theory to protect is nothing but the urge to right a wrong and the world pressure against whistleblowing can be immense.
If the spying is predatory rather than protective then .....
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