Archive for the 'Collapse' Category
Older Americans Increasingly Filing for Bankruptcy
August 6th, 2018Via: SSRN: The social safety net for older Americans has been shrinking for the past couple decades. The risks associated with aging, reduced income, and increased healthcare costs, have been off-loaded onto older individuals. At the same time, older Americans are increasingly likely to file consumer bankruptcy, and their representation among those in bankruptcy has […]
Hong Kong: McSleepers
August 6th, 2018Via: South China Morning Post: The number of people sleeping in McDonald’s outlets has increased six-fold over the past five years, a trend partly driven by rising rents and substandard housing that makes life especially unbearable in the city’s baking weather, a study has found. … Researchers were able to interview 53 McRefugees aged between […]
Venezuela: President Nicolas Maduro Survives Assassination Attempt by Terrorists Using Explosives-Laden Drone
August 4th, 2018Via: Daily Mail: Seven national guards have been injured in Venezuela after what is believed to have been an assassination attempt on socialist President Nicolas Maduro using an explosive-laden drone during a Caracas military parade. Footage broadcast by state television shows Maduro abruptly cutting short his speech before looking to the sky. Thousands of soldiers […]
Trash Piles Up in U.S. as China Closes Door to Recycling
August 3rd, 2018Via: PhysOrg: For months, a major recycling facility for the greater Baltimore-Washington area has been facing a big problem: it has to pay to get rid of huge amounts of paper and plastic it would normally sell to China. Beijing is no longer buying, claiming the recycled materials are “contaminated.”
San Juan: The Venezuelan City Where Nothing Works Anymore
August 1st, 2018Via: AFP: Power blackouts are daily fare, running water comes only once a month, cash machines are empty and waiting for a bus can take hours. Welcome to San Juan de los Morros in Venezuela, where nothing works. “They send (running) water once a month. The rest of the time we have to buy it,” […]
Nicaragua in ‘Undeclared State of Siege’ as Hooded Gunmen Rule the Streets
July 26th, 2018Via: McClatchy: They ride in the back of Toyota double-cabin pickup trucks, assault rifles slung over their shoulders. No one knows their identities. They always wear black ski masks or hoods. The gunmen — between 1,000 and 1,500 of them, according to some estimates — are part of a recently formed paramilitary force protecting the […]
More and More of What We Do Depends on Government Permission
July 24th, 2018Via: Reason: Do you have permit for that? If you want to keep that permit, you’d better do as you’re told. Increasingly, that’s the theme of modern America. More and more of what we do is dependent on permission from the government. That permission, unsurprisingly, is contingent on keeping government officials happy. Rub those officials […]
Why Some PhDs Are Quitting Academia for Unconventional Jobs
July 24th, 2018“Why did they accept so many of us into this program when there are no jobs?” The answer is simple: Universities profit handsomely from graduate student slave labor. It’s a similar model that of prison industries, where convicts are paid pennies per hour to manufacture a wide variety of products. Instead of goat cheese, or […]
Now Is The Time to Be a Cockroach
July 20th, 2018I definitely wouldn’t count on banks and cash, as she suggests, but this is an OK article to share with your “normal” family and friends who might perceive the current economic situation as A-OK. Once people understand that things are not A-OK, that would be a good time to explain what a bail-in is. Via: […]
Can You Name a Country?
July 19th, 2018Via: YouTube – Jimmy Kimmel Live:
