The research project is based on a new cross-disciplinary ‘Human And Nature DYnamical’ (HANDY) model, led by applied mathematician Safa Motesharrei of the US National Science Foundation-supported National Socio-Environmental Synthesis Center, in association with a team of natural and social scientists. The study based on the HANDY model has been accepted for publication in the peer-reviewed Elsevier journal, Ecological Economics.
Using his Handy model to assess a scenario closely resembling the current state of the world, Motesharri found that civilisation “appears to be on a sustainable path for quite a long time, but even using an optimal depletion rate and starting with a very small number of Elites, the Elites eventually consume too much, resulting in a famine among the Masses that eventually causes the collapse of society”.
A Minimal Model for Human and Nature Interaction (George A.)
A large number of explanations have been proposed for each specic case of collapse, including one or more of the following: volcanoes, earthquakes, droughts, floods, changes in the courses of rivers, soil degradation (erosion, exhaustion, salinization, etc), deforestation, tribal migrations, foreign invasions, changes in technology (such as the introduction of ironworking), changes in the methods or weapons of warfare (such as the introduction of horse cavalry, armored infantry or long swords), changes in trade patterns, depletion of particular mineral resources (e.g. silver mines), cultural decline and social decadence, popular uprisings, and civil wars. However, these explanations are specic to each particular case of collapse rather than general. Moreover, even for the specic case where the explanation applies, the society in question usually had already experienced the phenomenon identied as the cause without collapsing.
Russia ‘planned Wall Street bear raid’ (westcoastjan)
“And so when I went to Congress and asked for these emergency powers [to stabilise Fannie and Freddie], and I was getting the living daylights beaten out of me by our Congress publicly, I needed to call the Chinese regularly to explain to the Central Bank, ‘listen this is our political system, this is political theatre, we will get this done’. And I didn’t have quite that much certainty myself but I sure did everything I could to reassure them.”
Insurance Companies and Systemic Risk (westcoastjan)
Another major problem is that it’s not clear that insurers are prepared for those insurable events. For example, insurers are not prepared for a global pandemic, just like they weren’t prepared for large-scale terrorist attacks prior to September 11, 2001.
“Ukraine can quite easily cut off Crimea,” said Oleksandr Zholud, an economist with the International Center for Policy Studies in Kiev, the Ukrainian capital. “From an economic point of view it looks like a sinkhole.”
Brave New Deviant World (GE Christenson)
The Federal Reserve has, over the past 100 years, debased the dollar, produced inflation, and substantially increased the profits for the financial industry mostly at the expense of the American people.
Air Canada says that affected travellers can obtain refunds if they have not already begun travelling, and those who have already started their trip may be re-booked on other airlines at no additional cost or obtain a refund.
Prior to the suspension, Air Canada was operating three return flights weekly between Toronto and Caracas.
What is the world’s scarcest material? (westcoastjan)
Some of our most cherished devices – smartphones, computers and medical equipment, for instance – rely on a rich list of elemental ingredients. Mobile phones alone contain a whopping 60 to 64 elements. “Many of these metals are present in only minute amounts, a milligramme or less,” says Armin Reller, a chemist and the chair of resource strategy at Augsburg University in Germany. “But they are very important for the function of the device.”
The house comes with “IKEA-style assembly instructions” so anyone, even those without experience, can build their own home.
Gold & Silver
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