The U.S. should use its power to help convene, as president Putin was trying to do as far back as in 2012, to convene all the groups that are involved, including president Assad, including the forces of democracy that have been so brutally repressed, to bring them all together and work out a process for democratic determination of Syria’s future. It should not be decided by the foreign powers, and, this is all, really, predicated, I think, on foreign powers…you know, this is to me why you can’t separate these into separate boxes: we need to move towards clean, renewable energy, so that we are self-sufficient and not fighting proxy wars over fossil fuel resources and their modes of transport.
Creeping American Socialism (Wilson S.)
Many still cling to the image of the entrepreneurial spirit of American capitalism, to which they have rightly attributed their historical prosperity. But, over the decades the size of the US government measured by total government expenditure as a percentage of GDP has been continually increasing, as is seen the chart of the previous post. The size of government has increased from 20 percent of GDP to over 36 percent of GDP in 70 years. This fact of gradual increase in the size of government is called here creeping socialism, which has occurred also in other Western countries.
Gold Breaches R18000/oz, Up 11% In Two Weeks! (Francois V.)
While it may not be immediately obvious to someone who is just starting to learn about currencies and the workings of our modern day financial system, to those who have even a basic understanding about these topics, it is clear that the figures above have more to do with the continued weakening of the South African Rand (ZAR) than they have to do with an increase in the purchasing power of Gold.
Shipbuilding is part of a long list of Chinese industries, including steelmaking, coal mining and auto, that borrowed heavily from state-run banks to expand during the good years, helping to propel the country’s three decades of double-digit economic growth. But growth has now slipped to around 7 percent, and many companies are running low on cash.
Eleven people and companies involved in Iran’s ballistic missile program are under restrictions that remain despite international sanctions being lifted Saturday as part of a nuclear agreement. The announcement came as a flight was midair with Americans who were released in an exchange.
Iran was OPEC’s second-biggest producer until sanctions were intensified in 2012, and the county is seeking now to regain its former economic prominence. Iran’s financial resources will “increase significantly” with the removal of sanctions, President Hassan Rouhani said Sunday. A surge in Iranian oil outputwill generate much-needed cash even if it adds to a surplus of supply that has contributed to 12-year lows in crude prices.
The tap water in Flint, population 99,000, became contaminated after the city switched its water supply to the Flint River from the Detroit water system while a pipeline to Lake Huron is under construction. The corrosive water lacked adequate treatment and caused lead to leach from old pipes in homes and schools.
Flint returned to the Detroit system in October after elevated lead levels were discovered in children, and could tap into the new pipeline by summer.
The authors’ models, for example, have some pretty hefty caveats. They note that “As yields increase, the area of farmland required for a given level of production declines, allowing land to be spared.” True, but they don’t mention how we get yields to increase; rather, they helpfully point out that “A key issue, therefore, is identifying the mechanisms that could contribute to this outcome.” Naturally, especially as food demand is also projected to increase.
Gold & Silver
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