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    Daily Digest 3/25 – Nervous Energy, Who Needs A Boss?

    by DailyDigest

    Tuesday, March 25, 2014, 5:06 PM

Economy

Who Needs A Boss? (jdargis)

In a worker co-op, the workers own the business and decide what to do with the profits (as opposed to consumer co-ops, which are typically stores owned by members who shop at a discount). Historically, worker co-ops have held the most appeal when things seem most perilous for laborers. The present is no exception. And yet, despite their ability to empower workers, co-ops remain largely relegated to boutique status in the United States.

What It Feels Like To Be In Ukraine Now (Amanda)

In those initial weeks, the temperature was rising, the issues were widely discussed. There was no way of having a conversation (any kind of conversation) without touching upon politics. The “us v them” feel was building up. The “it’s enough” feel. The “we can’t stand this anymore” feel. “We” thought “they” were waiting for the New Year, the time when everyone goes on holiday, waiting for all political heat to fade. It didn’t.

The 60th Anniversary of Nothing Special (GE Christenson)

In 1954 there were no Americans on Food Stamps. In 2014 there are almost 50,000,000 Americans who receive free food under the SNAP program. This is not progress.

Nervous Energy (jdargis)

Paula, 71, is no activist. But she worries, in her measured way, that drilling the shale without a better understanding of the risks could jeopardize the San Antonio Valley’s most valuable resource. “What we have in that vineyard is dependent on water,” she says. “If our water is decimated, both in quality and quantity, we pretty much have no fallback position. Once the water is gone, you can’t reclaim it.”

7 million premature deaths annually linked to air pollution (Herman J.)

“Cleaning up the air we breathe prevents noncommunicable diseases as well as reduces disease risks among women and vulnerable groups, including children and the elderly,” says Dr Flavia Bustreo, WHO Assistant Director-General Family, Women and Children’s Health. “Poor women and children pay a heavy price from indoor air pollution since they spend more time at home breathing in smoke and soot from leaky coal and wood cook stoves.”

Eyes on Afghanistan as Next Lithium Motherload (James B.)

In 2010, US geologists estimated that Afghanistan held some $1 trillion in mineral deposits such as lithium, copper and iron, and the American gift to Kabul here is the extremely valuable hyper-spectral imaging, which the Afghan authorities are hoping will help lure in investors.

As it stands, Afghanistan is taking in less than $150 million in mining revenues annually, but officials in Kabul are eyeing a figure in the billions by 2020.

Climate Report Predicts Dire Threats for People, Including Food, Water Shortages (GM_Man)

“The polar bear is us,” says Patricia Romero Lankao of the federally financed National Center for Atmospheric Research in Boulder, Colo., referring to the first species to be listed as threatened by global warming due to melting sea ice.

She will be among the more than 60 scientists in Japan to finish writing a massive and authoritative report on the impacts of global warming, the second of three installments in the IPCC’s latest assessment on the world’s climate.

Seeking Living in Mudslide Path, Rescuers Fear They’ll Find Only Dead (jdargis)

But the sense of an expanding disaster — one touching more lives — was unavoidable as a better understanding of the slide’s grim dimensions emerged. Emergency officials said the new list included not just residents, but also home repair contractors, visitors and people who may have been driving on a state road when the slide began.

Gold & Silver

Click to read the PM Daily Market Commentary: 3/24/14

Provided daily by the Peak Prosperity Gold & Silver Group

Article suggestions for the Daily Digest can be sent to [email protected]. All suggestions are filtered by the Daily Digest team and preference is given to those that are in alignment with the message of the Crash Course and the "3 Es."

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5 Comments

  • Tue, Mar 25, 2014 - 6:19pm

    #1
    Thetallestmanonearth

    Thetallestmanonearth

    Status Bronze Member (Offline)

    Joined: Feb 28 2013

    Posts: 307

    Mudslide

    I live about 20 miles down river from the mudslide in Washington.  Fortunately we are up on a hill and not at any risk, but geologists and hydrologists are still warning that the river which was damned by the slide could breach anytime and flood downstream communities near us.  The response has been swift and professional, but the scope of the disaster is so big that there is little to be done for the people effected.  This reminds me of three important lessons.  First it is critical to understand the risks of your environment and plan to avoid them if at all possible.  Second, in an energy constrained future the response options are going to be even more limited so as individuals and communities we need to develop contingency plans before we need them.  Finally it is important to have someplace else you can go in the event of disaster.  I hate the term "bug-out", but I also hate the idea of living in a shelter waiting on someone else to solve my problems for me.  The least predictable and linear of the Three E's Dr. Martenson teaches about is the environment.  We can predict within a window of a few decades when oil will peak or debt will force the system to adapt or die, but we can't predict when the next natural disaster will strike with nearly the same degree of certainty.  All the more reason to be prepared.

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  • Tue, Mar 25, 2014 - 7:18pm

    Reply to #1
    Doug

    Doug

    Status Platinum Member (Offline)

    Joined: Oct 01 2008

    Posts: 1364

    climate change

    [quote]The least predictable and linear of the Three E's Dr. Martenson teaches about is the environment.  We can predict within a window of a few decades when oil will peak or debt will force the system to adapt or die, but we can't predict when the next natural disaster will strike with nearly the same degree of certainty.[/quote]To add to your list of lessons, or perhaps to your first lesson, is that you should be aware of where you are in a watershed and expect more and more severe storms as a result of climate change.  Bill McKibben goes into this at some length in his book Eaarth. http://www.billmckibben.com/eaarth/eaarthbook.html
    I live very near the top of my watershed which always gave me a sense of protection from floods.  But 7" of rain in 1 1/2 hours still flooded my basement.  Of course further down the watershed flooding was catastrophic.
    Many years ago I lived near where the mudslide is.  That area is water logged much of the time.  Of course its beautiful, and ideal for farming, but a little more water on top of saturated soil and bad things happen.
    Doug
     

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  • Tue, Mar 25, 2014 - 7:40pm

    #2

    saxplayer00o1

    Status Silver Member (Offline)

    Joined: Jul 30 2009

    Posts: 2940

    Repost of today's headlines

    Headlines:

    1. Venezuela Lets Bolivar Depreciate 88% on New Sicad II Market
    2. China Faces ‘Mini Crisis’ on Debt Defaults, Ex-PBOC Adviser Says
    3. Hundreds rush to rural Chinese banks after solvency rumours
    4. Small Chinese lender hit by bank run: report
    5. S&P cuts Brazil rating to one notch above junk
    6. China’s Urbanization Loses Momentum as Growth Slows
    7. California college borrower numbers soar
    8. Funding Cuts Could Put Public Safety in Jeopardy (Illinois)
    9. Hong Kong's soaring bank exposure to China sparks credit concerns
    10. Thousands of homeowners to see double-digit rate hikes for flood insurance (Wisconsin)

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  • Tue, Mar 25, 2014 - 8:12pm

    #3

    Poet

    Status Platinum Member (Offline)

    Joined: Jan 20 2009

    Posts: 976

    Atmospheric Rivers

    I had corresponded with an economic geographer (didn't even know there was such a thing until a year or two ago) a while back about collapse and climate change scenarios, and whether Northern California, Oregon or Washington would be good areas to relocate to, due to having an abundance of water and fertile soil, etc.

    He stated that it was possible that these areas may become even more affected by atmospheric rivers. So heavy rainfalls, flooding (including flash floods), and mudslides could become more of an issue in the future.

    Poet

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  • Tue, Mar 25, 2014 - 9:04pm

    Reply to #3
    Thetallestmanonearth

    Thetallestmanonearth

    Status Bronze Member (Offline)

    Joined: Feb 28 2013

    Posts: 307

    re: Doug and Poet

    I agree that watershed issues and too much rain are likely to be problems in my part of the world in the future.  We chose a property 2/3 of the way up a gentle hill with plenty of surrounding forests and creek nearby hoping not to have issues, but we have already had to do drainage work to keep water out of the basement.  Our strategy is to direct water around the house as much as possible, but give it a place to go when it does get down there.  We're also working on water catchment elsewhere on the property as we can afford to.  From a relocation standpoint my biggest concern for this area is pollution of various kinds making its way to us from Asia as industrial cities fall apart.  We're also the first stop if we ever have war arrive in the lower 48 from a Pacific threat.  All else being equal though I think this area will fare better than many other parts of the country in the years ahead. 

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