Berto Jongman: 24 Countries Bankrupt, 14 More Soon…

03 Economy
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Berto Jongman
Berto Jongman

The Bankruptcy Of The Planet Accelerates – 24 Nations Are Currently Facing A Debt Crisis

There has been so much attention on Greece in recent weeks, but the truth is that Greece represents only a very tiny fraction of an unprecedented global debt bomb which threatens to explode at any moment.

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Sepp Hasslberger: Urine-Powered Generator Invented by Girls in Nigeria

05 Energy
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Sepp Hasslberger
Sepp Hasslberger

Good for the girls! That urine powered hydrogen gas driven generator is a basic, useful thing to have in Africa … and elsewhere.

A group of four high school teenage girls solved one of Nigeria's gravest electrical challenge by inventing a system that uses urine to power generator. This came after years of reported cases of deaths resulting from carbon monoxide poisoning that emanates from power generator fumes.

YouTube (19:42) Below the Fold

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SchwartzReport: Chinese Zero-Emission Electric Bus in London

02 China, 05 Energy
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Stephan A. Schwartz
Stephan A. Schwartz

This report of course has received no attention from U.S. corporate media, but I take it as a big datapoint on what is going to become a major trend: the electrification of commercial vehicles of all kinds. As the article points out most of the long term cost of a commercial bus is in the fuel it burns. So electric buses, which don't burn carbon energy, will be notably cheaper. What should also be noted is that the technology is Chinese. The Chinese like most of the rest of the world except the U.S., take infrastructure seriously, including commercial transportation networks from planes to trains to buses.  While we are burning our money in the bonfire of war, China is building and upgrading infrastructure.  And they are going to make billions and billions of dollars outfitting the buses and taxis of the post-carbon world, while the U.S. plays catch-up. The problem America's mega corporations have is that they are inherently wedded to the past, because the past is when their installed network was built, and they want to protect and prolong that investment.

Chinese-built zero-emissions electric bus prepares for service in London

Worth a Look: Paul Mason Trilogy — End of Greed, Emerging Revolutions, Post-Capitalism

Worth A Look
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Paul Mason
Paul Mason

2016 (forthcoming): Postcapitalism, A Guide to Our Future  In this bold and prophetic book, Mason shows how, from the ashes of the crisis, we have the chance to create a more socially just and sustainable economy.

2012: Why It's Still Kicking Off Everywhere, The New Global Revolutions  Economic crisis, social networking and a new political consciousness have come together to ignite a new generation of radicals.

2010: Meltdown, The End of the Age of Greed  Meltdown is the gripping account of the financial collapse that destroyed the West’s investment banks, brought the global economy to its knees, and undermined three decades of neoliberal orthodoxy.

Sepp Hasslberger: Is the Economy About Finance for the 1% or Bien Estar (Well-Being) for the 99%?

03 Economy, 07 Other Atrocities, 10 Transnational Crime, 11 Society, Civil Society, Commerce, Corruption, Government
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Sepp Hasslberger
Sepp Hasslberger

What's the economy all about … is it people, or finance?

Because You're Worthless – Challenging The Current Economic System in 3 Minutes

Poem by Agnes Török on the news of a new Conservative budget. Based on experiences of living in Britain under austerity as a young, queer, unemployed, female immigrant student – and not taking it any more.

Phi Beta Iota: Art trumps corruption in 3 minutes. YouTube (3:12) top stuff.

Stephen E. Arnold: The Google Bubble

IO Impotency
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Stephen E. Arnold
Stephen E. Arnold

Google: The Forever Rising Revenue Starship

Will legal hassles, cost cutting, the surge in mobile usage, and the challenges of making money in China and Russia slow the Forever Rising, the new monetary interstellar vehicle? Absolutely not. Lawyers, even countries, cannot exert sufficient gravitational pull to cause the money craft to veer from its trajectory.

Phi Beta Iota: Google is the poster child for death of capitalism as reductionism, joining Microsoft, Oracle, IBM, and Dell, among others that sold out to NSA, are pimped by the banks, and are not delivering real value toward the needs of the five billion poorest, the 99%.