We discuss and comment on the role agriculture will play in the containment of the CO2 problem and address protocols for terraforming the planet Earth.
A model farm template is imagined as the central methodology. A broad range of timely science news and other topics of interest are commented on.
Tuesday, March 19, 2013
Well no. The lesson is a little more simpler than that. If you do
not respect credit given then you will feel pain when it is
withdrawn. Worse, your voters will now feel it directly. In short,
easy credit is not a license to steal and operate corruptly with
apparent impunity. You cannot protect the benefits of a civil
society by such behavior.
The lenders never get to actually spend the money provided. It
escapes me why anyone thinks they are in charge. What they are in
charge of is the decision to continue at all.
The fundamental problem happens to be the quality of the decision
making process. Worse, it does not improve as size increases. It
just gets much more dangerous.
I have actually come to the conclusion that the safest level will
turn out to be the natural community of around one to two hundred
individuals operating on a natural apportionment of land to manage
and enhance as an environmental whole. Such a unit can provide a
full social solution for all ages and a baseline economic protocol.
Thus credit is well served in such an environment as has been well
demonstrated by the advent of micro finance.
Better maintenance of such an ethos stymies recklessness at higher
Germany Just Taught
The Rest Of Europe Some Tough Lessons About Who's Really In Charge
One of the most
disturbing angles to the Cyprus bailout — wherein the government is
being forced to tax bank depositors — is this idea that Berlin is
calling all of the shots in Europe.
According to multiple
reports, Germany basically said to Cyprus: Tax your depositors, or
you can leave the Eurozone. We're not just writing going to write a
big check this time, because you're too small to really matter.
On the one hand you
might say: Germany is writing the checks, so of course it can call
the shots like this.
On the other hand,
this look like German bullying causing a destruction of trust and
wealth in the worst possible way.
Regardless of whether
it's a good or bad thing, Germany is clearly sending a message.
Citi's currency expert
Steven Englander lists six lessons that Germany just sent the rest of
Europe, particularly peripheral Europe.
No free rides for anyone.
Small country blackmail on contagion can be resisted.
Narrow populism can face resistance from the countries writing
There is a cost to easy banking and regulatory regimes.
German elections count as much as Italian.
Moral hazard will not be condoned (some of the Fed/Treasury
phraseology prior to the Lehman bankruptcy can be recycled).
Point 2 & 5 are
The idea of Cyprus
(which has a GDP only seven percent as big as Greece's) not being big
enough to be Too Big To Fail has definitely worked against
And then the
significance of Merkel's re-election (coming in September) also did
not help the Cypriots. There is a growing Euroskeptic breeze blowing
in Germany, with the new Alternative For Germany party gathering