Group items matching
in title, tags, annotations or urlWeb of Debt - TURNING THE TABLES ON WALL STREET: NORTH DAKOTA SHOWS CASH-STARVED STATES HOW THEY CAN CREATE THEIR OWN CREDIT - 0 views
-
Forty-six of fifty states are now reported to be so insolvent that they could be filing Chapter 9 bankruptcy proceedings within the next two years.1 Of the four that are not in that category, one is the isolated farming state of North Dakota. What does it have that other states don't? The answer seems to be: its own bank. In fact, North Dakota has the only state-owned bank in the nation. It has avoided the credit freeze caused by the derivative schemes of the Wall Street bankers by creating its own credit, leading the nation in establishing state economic sovereignty.
Bernard Lietaer: Money diversity - YouTube - 0 views
-
Bernard Lietaer argues that the monoculture of money is what creates economic instability, leading to liquidity crises. He calls for a greater diversity of alternative currencies, citing innovative and enormously successful initiatives like the Lithuanian Doraland Economy, the Torekes in Belgium and Switzerland's famous alternative currency, the WIR.
Open proposal to US higher education: end oligarchy economics, save trillions with education. 3 of 4 - 0 views
-
Economics: I'm going to discuss trillions of dollars in a moment. As an economics teacher, I understand numbers this large are extremely difficult to imagine. If you are among the majority with this difficulty, I recommend that you follow the expert testimony that paints the picture, and know that success in this area of public education transformation that unleashes trillions of our dollars for human creative capacity in unimaginable power is sufficient to end the current economic crisis. This is the longest section of my briefing. If you tire in reading, please consider that at trillions of dollars of annual public benefits, you literally have nothing more valuable to do than understand the following facts and ideas. Harvard's Linda Bilmes co-authored a paper with Nobel Prize winner Joseph Stiglitz estimating the long-term costs of current US wars at now $3 to $5 trillion ($30-$50,000 per US household of $50,000/year income), with total debt increase since 2001 of over $10 trillion. Remember, as demonstrated by the evidence disclosed by our own government, all the reasons Americans were told to go to war were known to be lies as they were told and applicable law proves these wars Orwellian unlawful. Just down the Charles River from Harvard, MIT's Simon Johnson (and former Chief Economist of the International Monetary Fund) describes our economy being lead by gambling oligarchs who have captured government as in banana republics (his words), and might plunge the US into an economy worse than the Great Depression. From his article under the telling title, The Quiet Coup: "Elite business interests-financiers, in the case of the U.S.-played a central role in creating the crisis, making ever-larger gambles, with the implicit backing of the government, until the inevitable collapse. More alarming, they are now using their influence to prevent precisely the sorts of reforms that are needed, and fast, to pull the economy out of its nosedive. The govern
Welcome to the Inflation Zone: The Dangers of the Euro Bailout - 0 views
-
The euro has been rescued for the moment, but European politicians have thrown the foundations of Europe's common currency overboard with their unprecedented bailout package. In the longer term, the dangers of the crisis can only increase, and the flood of billions of euros could also lead to inflation
Portugal Follows Spain on Austerity Cuts - 0 views
Technology: Necessary but Insufficient for Human Survival | Thinkahol's Blog - 0 views
-
In the context of technology the only way out is through. Global society is dependent on artificially inflated energy resources-i.e. oil-that are directly leading us toward total collapse. Technology is being used to most efficiently maximize wealth of the largest corporate conglomerates at the expense of the social fabric and a living environment. The biosphere is in fact collapsing. The technology exists to solve our technical problems but the solutions do not seem like they will be effectively put to use. The power structures concentrating money off the status quo are too entrenched. Each human is called on to become more aware.
Chinese agency downgrades U.S. credit rating - CNN.com - 0 views
-
Beijing (CNN) -- Although the United States narrowly avoided an unprecedented default following congressional approval of a last-minute compromise plan to raise the debt ceiling, China's leading credit rating agency Wednesday downgraded U.S. sovereign debt after putting it on negative watch last month. The Dagong Global Credit Rating Company, which lowered the United States to A+ last November after the U.S. Federal Reserve decided to continue loosening its monetary policy, announced a further downgrade to A, indicating heightened doubts over Washington's long-term ability to repay its debts.
Nobel laureate praises Argentina; tells US and EU spending is the way out of recession - 0 views
-
United States and the European Union "are using the same recipe that the IMF applied on Argentina" to address the current global financial crisis and this only leads to "stagnation" said Nobel laureate Joseph Stiglitz attending a gathering of Nobel Prize recipients and young economists in Lindau, Germany.
1000 Loan Today- Resolve Unplanned Expenses With Desired Funds In Cash Crisis Circumsta... - 0 views
Uncertain expenses can be come anytime without any prior intimation and if we are running out of cash then this may lead towards severe fiscal trauma. 1000 loan today arranges swift mon...
1000 Loan Today- Resolve Unplanned Expenses With Desired Funds In Cash Crisis Circumsta... - 0 views
Uncertain expenses can be come anytime without any prior intimation and if we are running out of cash then this may lead towards severe fiscal trauma. 1000 loan today arranges swift mon...
1000 Loan Today- Resolve Unplanned Expenses With Desired Funds In Cash Crisis Circumsta... - 0 views
Uncertain expenses can be come anytime without any prior intimation and if we are running out of cash then this may lead towards severe fiscal trauma. 1000 loan today arranges swift mon...
1 - 18 of 18
Showing 20▼ items per page