People seem to be settling into the view that China is slowing down. How much, how fast, and whether it is cyclical or something more secular like the lower-middle income trap or a Lewis turning point is still very much the subject of debate.
I find it at odds with this growing…
What they found is that as the rich got richer in the decades before the Great Recession, everyone else tried to maintain his standard of living by going deeper into debt. As income inequality grew over that period so did debt levels, because the rich increasingly invested their growing wealth in bonds and bank deposits, in effect providing money for ever more lending to the poor and middle class.
Cute overload (Taken with instagram)
Two things you’d take to a deserted island: an extremely cute playful kitten and a laser pointer. That’s it!
awesomepeoplehangingouttogether:
Al Pacino and Christopher Walken
now this is a really really awesome photo!
![felixsalmon:
So this happened, at the summit in Cartagena: President Obama appeared on a panel, moderated by Chris Matthews of all people, with the presidents of Colombia and Brazil. I believe it’s the first time that a sitting president has ever participated in a panel discussion. The most noteworthy thing here is that no one seems to have noticed or cared.
(via Obama Addresses Drug Legalization at Cartagena Summit [FEATURE] | StoptheDrugWar.org)](http://25.media.tumblr.com/tumblr_m2npbjfby01qhm4zto1_400.jpg)
So this happened, at the summit in Cartagena: President Obama appeared on a panel, moderated by Chris Matthews of all people, with the presidents of Colombia and Brazil. I believe it’s the first time that a sitting president has ever participated in a panel discussion. The most noteworthy thing here is that no one seems to have noticed or cared.
(via Obama Addresses Drug Legalization at Cartagena Summit [FEATURE] | StoptheDrugWar.org)
GLOBAL CARBON FOOTPRINT
Total emissions by nation
Designed By
Stanford Kay
Yes, it REALLY is a footprint!
