Bitcoin Frenzy: The Fever Chart Of A Deepening Crisis
Dear Friend,
The bitcoin bubble could take the world into another economic crash. Writing in the Financial Times and Washington Post, former US Treasury Secretary Lawrence Summers said the US economy was on a “sugar high”. He noted that economic growth this year had been driven by a stock market rally that has seen an increase of more than $6 trillion in household wealth “captured by a small share of the population.” Despite record-low capital costs and abundant corporate cash, both of which are an inducement to investment, productivity growth has been very slow and “even innovative companies such as Apple and Google cannot find enough high-return investments and so choose to engage in large-scale share repurchases.” The implication of Summers’s “sugar high” diagnosis is that the US and, by extension, the world economy are heading for a crash.
Campaigners have set up an an easy to use website that allows you to automatically petitition your MP, Banks, Mobile phone companies and other service providers like MGNREGA, EPF etc against the coercive attempt to link Aaadhar number. The website https://www.speakforme.in has well written letters, with citations, reasonings and arguments. With a few clicks you can send these letters to the concerned persons or entities.
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Binu Mathew
Editor
Bitcoin Frenzy: The Fever Chart Of A Deepening Crisis
by Nick Beams
Writing in the Financial Times and Washington Post, former US Treasury Secretary Lawrence Summers said the US economy was on a “sugar high”. He noted that economic growth this year had been driven by a stock market rally that has seen an increase of more than $6 trillion in household wealth “captured by a small share of the population.” Despite record-low capital costs and abundant corporate cash, both of which are an inducement to investment, productivity growth has been very slow and “even innovative companies such as Apple and Google cannot find enough high-return investments and so choose to engage in large-scale share repurchases.” The implication of Summers’s “sugar high” diagnosis is that the US and, by extension, the world economy are heading for a crash.
Trump Administration’s Turnaround In Syria
by Nauman Sadiq
On the campaign trail, in his speeches as well as on TV debates with other presidential contenders, Donald Trump repeatedly mentioned that he has a ‘secret plan’ for defeating the Islamic State without elaborating what the plan is? To the careful observers of the US-led war against the Islamic State in Iraq and Syria, however, the outlines of Trump’s ‘secret plan’ to defeat the Islamic State, particularly in Syria, have now become obvious.
Pseudo Science And The Need For Scientific Temper In India
by Vidyadhar Date
The session held on December 9 and 10 at Y.B. Chavan Centre in Mumbai, brought in activists, scholars, artistes and others dealing with subjects ranging from Kashmir, foreign policy, the culture of fear, fake new, the myth of the Gujarat model, the crumbling of economy, rewriting of history , RSS style and politics in the times of Hindutva.
Being True Unto Your Heartfelt Beliefs!
by Sally Dugman
If you are not true to your professed position in life, then you are false to everyone, including yourself. If you take up a religious or ideological position, then there are no half-measures in terms of support for the position presumed to be undertaken.
Speakforme.in: Website To Petition MPs And Service Providers Against The Coercive Implementation Of Aadhaar
Campaigners have set up an an easy to use website that allows you to automatically petitition your MP, Banks, Mobile phone companies and other service providers like MGNREGA, EPF etc against the coercive attempt to link Aaadhar number. The website https://www.speakforme.in has well written letters, with citations, reasonings and arguments. With a few clicks you can send these letters to the concerned persons or entities.
ICAN Nobel Peace Prize Acceptance Speech – Nuclear Weapons Ban Now
by Dr Gideon Polya
Beatrice Fihn, Director of the International Campaign to Abolish Nuclear Weapons (ICAN), has delivered the Acceptance Speech for the Nobel Peace Prize award to ICAN. 2 months ago the UN Treaty on the Prohibition of Nuclear Weapons was set for ratification and will enter into force 90 days after 50 countries have ratified it. Beatrice Fihn declared: “Will it be the end of nuclear weapons, or will it be the end of us? … Mutual destruction is only one impulsive tantrum away”. Nuclear Weapons ban now.
German Politicians Condemn Anti-Israel Protest As “Anti-Semitism”
by Dr Ludwig Watzal
What criticism of Israel’s criminal behavior is concerned, the exercise of freedom of speech is in great danger. Among German politicians and the fawning media, the anti-Semitism-club is always at hand to make critics silence or stigmatize any Israel critics as “anti-Semites.” It still works, although we are living in the 21st century and not in the Middle Ages. With reference to Karl Marx one can say; a ghost is going around in Germany, the specter of anti-Semitism!
New Horse And Words For An Emergency Room Operation Needed
by Richard Oxman
Social Networking is clearly making rubbish of all that’s dear to us, and there is a great urgency for educators and parents to address what Chamath Palihapitiya spotlighted in a recent speech. But many things must be dealt with simultaneously if any educator and/or relatives of youngsters are going to come up with decent approaches for our collective crises. War and much more must be on the table for reconsideration… along with a necessary new look at high tech gadgetry and its offshoots.
A Man Turns
by Edward Curtin
He feels she called him out of love,
So turns, his life jumps up, they run
Joyously into each other’s arms
As the snow falls upon them
For the first time,alone to face
The gathering storm.
Permanent Structured Cooperation (PESCO) Is Signed By 25 EU Members
by Dr Vivek Kumar Srivastava
In a historic move 25 European Countries excluding Malta and Denmark have signed the Permanent Structured Cooperation (PESCO) pact, a permanent military cooperation based structure aiming for the self reliance in the military matters. The signing establishes the fact that EU is itself geared towards developing its own military capacity. Earlier the 23 EU member states had signed the Joint Notification on the PESCO in the second week of the November which was the first formal step to establish the structure.
Giving Hope To Youngsters
by Moin Qazi
Gejha is like any other village in Noida, but only till one sets foot in it. Once the hour-long ride from the capital ends, an unlikely educational hub for the underprivileged emerges, being presided over by a former corporate honcho. Protsahan: Ek Pathshala has been set up by Abhay Singh, a retired Chief General Manager of the State Bank of India (SBI), in Sector 93 of Noida. He set up Protsahan when he found children in this dusty nondescript settlement spending their day directionless and with no hope of any future.
Kausalya’s Courageous Fight For Justice
by Vidya Bhushan Rawat
The Tirupur Principal District and Sessions Judge Alamelu Natarajan yesterday announced death penalty for six accused convicted in V Shankar murder case last year in Coimbatore. This include her father and other conspirators but her mother and distant uncle has been acquitted. It was perhaps the first cases where the judge has handed out six persons the capital punishment in an ‘honor killing’ case and if the upper courts approve this then will definitely send a strong message across the country
Constitutional Literacy Through The Constitution Day
by Akhilesh Edgar
A unique initiative in Chhattisgarh to strengthen Secular, Socialist, Democratic, Republic of India
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