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The Coming Fury of an Angry America
The Coming Fury of an Angry America
A tiny part of a tiny part of the population of the earth will set the terms for the future of all humans. A tiny part that is broken, spent out, and increasingly disillusioned. That sliver of humanity is the broken, spent out, and increasingly disillusioned American middle class, burdened with the task of spending all America out of catastrophe. When they break under the weight of desperate impossibility, how will the heartlands good citizens react, and what will they do?
Banks: Corporate Bundles of Dismal Joy - and Mislaid Rage
Banks: Corporate Bundles of Dismal Joy -
and Mislaid Rage
Banks are not monolithic structures. They are not simply, "the banks". Some banks lend to people, some banks lend to business. Some banks lend to other banks, and themselves. Some banks don't lend at all, but help other banks lend to each other. Some banks will do some, all, or none of the above. There are all kinds of banks.
Read more: Banks: Corporate Bundles of Dismal Joy - and Mislaid Rage
Yemen: The Most Dangerous Place You Never Heard Of
Yemen: The Most Dangerous Place You Never Heard Of
Yemen is the most dangerous nation you never heard of. Yemen is a luckless expanse of sand and rock scraped from the bottom of the Saudi peninsula in more ways than one. Bedevilled by a nest of intractable problems, Yemen recently had the added misfortune of having a lonely misanthrope from Nigeria pass through on his way to evil deeds in America, attracting the furious attention of said America and its universal "war on terror" road show. The future just could not be worse for Yemen.
Read more: Yemen: The Most Dangerous Place You Never Heard Of
Food is Too Cheap
Food is Too Cheap
The single greatest challenge facing our modern economic food chain is the insanely unnatural cost of food to the consumer, making the simple and necessary act of eating dependent on food that is almost free. The global edifice of cheap food rests on the volatility of a single input; the exponentially depleting supply of easy, cheap oil. We are gorging ourselves at the $1.99 all-you-can-eat oil buffet. Food is too cheap, a "correction" is coming, and there is not a damn thing anybody can do about it.
Why is Lloyd Blankfein
Why is Lloyd Blankfein
Lloyd Blankfein is the name of the human who is the Chief Executive Officer (the big man) of the global finance corporation called Goldman Sachs. Goldman Sachs is one of history's most successful human endeavours, a legal set of contracts that has accumulated over a trillion dollars in wealth. As CEO of Goldman Sachs, Lloyd Blankfein is an agent of the corporation - the top agent - and so another set of legal contracts rewards him with a share of that wealth in return for his agency service. His share amounted to about 65 million USD's in 2007.