Archive for the 'Collapse' Category
Britian: Fake Storefronts Soothe Consumers During Recession
March 10th, 2010Via: BBC: Fake businesses are to be used to lessen the impact of the recession on high streets in North Tyneside. With 140 empty shops in the borough, council bosses think they have come up with a unique way of ensuring shopping areas remain as vibrant as possible. The first empty shop unit to be […]
Study Finds Median Wealth for Single Black Women at $5 (Yes, Five Dollars)
March 10th, 2010That’s the good news. See the last sentence of the excerpt below. Via: Post Gazette: Women of all races bring home less income and own fewer assets, on average, than men of the same race, but for single black women the disparities are so overwhelmingly great that even in their prime working years their median […]
A EUROPEAN IMF?!
March 9th, 2010Via: BBC: The European Commission has confirmed that it may set up a version of the International Monetary Fund to bolster the eurozone’s financial stability. Germany and France are leading the move, part of a series of initiatives aimed at avoiding a repeat of the sort of financial crisis engulfing Greece. The German Chancellor Angela […]
How Food and Water Are Driving a 21st-Century African Land Grab
March 7th, 2010Via: Guardian: We turned off the main road to Awassa, talked our way past security guards and drove a mile across empty land before we found what will soon be Ethiopia’s largest greenhouse. Nestling below an escarpment of the Rift Valley, the development is far from finished, but the plastic and steel structure already stretches […]
Baby Dies as Parents Raise Virtual Child Online
March 5th, 2010Via: NineMSN: A Korean couple let their baby starve to death while they were busy raising a virtual child online, police said. The couple, from Suwon in South Korea, would leave their three-month-old daughter home alone in their apartment while they spent up to 12 hours a day playing a Second-Life style3D fantasy game called […]
Breathtaking Devastation: Chile, Three Days Later
March 3rd, 2010Via: Boston Globe Big Picture Gallery: Three days after one of the largest earthquakes ever recorded struck the South American nation of Chile, the massive extent of the damage is becoming clearer, and the number of known victims has climbed to 723 deaths so far, many thousands still missing, and nearly 2 million displaced. World […]
Images of Earthquake Devastation in Chile
February 28th, 2010Via: Boston Globe Big Picture: At 3:34 am local time, today, February 27th, a devastating magnitude 8.8 earthquake struck Chile, one of the strongest earthquakes ever recorded. More: Cryptome
Fur Really Flying Over Latest Telecom XT Outage
February 25th, 2010UPDATE: NOW EMERGENCY SYSTEM FAILS IN AUCKLAND Put a fork in it. Via: New Zealand Herald: Emergency services are experiencing difficulties with the 111 system, with some callers unable to reach police. Police said the problem appeared to be confined to the Auckland area, and Telecom was working on the problem. National Radio reported the […]
The Future Where Soda Cans Have Screens
February 24th, 2010My ability to grasp what many people consider to be “normal” is slipping away, a little bit each day. I wonder if this is how my dad felt when, over a decade ago, I explained to him that I didn’t always need to go to the office in order to do my work. My dad […]
Basically, It’s Over: A Parable About How One Nation Came to Financial Ruin
February 23rd, 2010Via: Slate: As it worked out, the politicians ignored the Good Father one more time, and the Basicland banks were allowed to open bucket shops and to finance the purchase and carry of real securities with extreme financial leverage. A couple of economic messes followed, during which every constituency tried to avoid hardship by deflecting […]
