Archive for the 'Collapse' Category
Fitch Ratings: Greece Downgraded to ‘Restricted Default’
March 9th, 2012Via: Fitch Ratings: Fitch Ratings has downgraded Greece’s Long-term foreign and local currency Issuer Default Ratings (IDRs) to ‘RD’ (‘Restricted Default’) from ‘C’ following today’s confirmation from the Greek government and eurozone officials that the exchange of Greek government bonds will proceed. The downgrade to ‘RD’ reflects Fitch’s previous commentary that the exchange would constitute […]
San Francisco: Pre-Fab 160 Square Foot Rooms Will Cost $1,595 Per Month to Lease
March 9th, 2012Ah, the essence of urban living, is it? How about boiling that essence down even further: Japan’s Capsule Hotels Now Coffin-Sized Homes: Most importantly, it’s cheap. The capsules cost about $30 a night. If he had to stay for a month, it would cost $700 to $1000, a housing bargain in Tokyo, ranked by Mercer […]
UK ‘Must Plan for Euro Collapse’
March 8th, 2012Via: BBC: Ministers should draw up plans to deal with a break-up of the eurozone “as a matter of urgency”, a committee of MPs and peers has warned. The joint committee on the government’s National Security Strategy (NSS) said the full or partial collapse of the single currency was “plausible”. It said political unrest and […]
Short Film: ‘There’s No Tomorrow’
February 29th, 2012Graham let me know that Dermot finished his film, There’s No Tomorrow. Via: Incubate Pictures:
For Frack’s Sake: U.S. Wants Natural Gas as Major Auto Fuel Option
February 29th, 2012Via: Network World: Natural gas has never been much of an option for US car drivers and its going to take a lot of effort by the government and auto manufactures to make it a viable alternative to gas. But that’s just what a $10 million program from the Department of Energy’s advanced project development […]
Greece: Farmers Cut Out Parasitic Middlemen, Sell 24 Tons of Potatoes Directly to Consumers
February 27th, 2012Yes. This is the way to do it. Via: Guardian: Hammered by the financial crisis that has led to ever diminishing income, a group of residents in northern Greece have joined forces with potato farmers to slash consumer prices and ensure producers can get their crop to markets by cutting out the middle man. Hundreds […]
Wyoming House Advances Doomsday Bill
February 26th, 2012Aircraft carrier? Via: Star Tribune: State representatives on Friday advanced legislation to launch a study into what Wyoming should do in the event of a complete economic or political collapse in the United States. House Bill 85 passed on first reading by a voice vote. It would create a state-run government continuity task force, which […]
Greece: ‘We Won’t Pay’
February 22nd, 2012Via: Der Spiegel: The people who could ultimately give Greece the coup de grace are not the kind to throw stones or Molotov cocktails, and they have yet to torch any cars. Instead, they are people like 60-year-old beverage distributor Angelos Belitsakos, people who might soon turn into a real problem for the economically unstable […]
‘What will the millions of middle-age, unskilled workers do when they are displaced by technology?’
February 19th, 2012My guess is that something like this will be part of the answer: Engineered H5N1: A Rare Time for Restraint in Science: Two scientific teams have recently engineered the H5N1 virus to make it readily transmissible between ferrets. Given that ferrets are considered the most reliable animal surrogate for human influenza infection, the newly engineered […]
Man Lives In Well Stocked But Unoccupied Cabins in Utah, Eats Food, Steals Guns, Camping Equipment
February 17th, 2012Via: AP: He’s eluded authorities for more than five years, a mountain man who roams the wilderness of southern Utah, breaking into remote cabins in winter, living in luxury off hot food, alcohol and coffee before stealing provisions and vanishing into the woods. In this undated photo provided by the Iron County Sheriff’s Office in […]
