Category Archives: The world we live in Now

Observations and reflections of sweeping change

The construction of suffering

By Dr. David Nally When considering starvation, context is everything. This fact is easily illustrated. Consider, for a moment, the actions of David Blaine, the US magician, who in 2003 spent 44 days in a six-foot-by-three-foot plexiglas chamber suspended in … Continue reading

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Trader

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Urban foraging

By Kim Severson As she does every evening, Kelly Callahan walked her dogs through her East Atlanta neighborhood. As in many communities in a city with the 16th-highest foreclosure rate in the nation, there were plenty of empty, bank-owned properties … Continue reading

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Looter

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Perception of instability…

By Jeff Sommer It’s been dizzying. The markets have been swinging madly up and down — mainly down for equities, as anyone in the stock market knows too well. How bad has it been? Despite brief rallies, the Standard & … Continue reading

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Caught in the mangle

How are the economic woes of Europe and the US impacting the rest of the world?

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Hyper-connected, upside down

By Thomas L Friedman London burns. The Arab Spring triggers popular rebellions against autocrats across the Arab world. The Israeli Summer brings 250,000 Israelis into the streets, protesting the lack of affordable housing and the way their country is now … Continue reading

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The collection agency

In this new world order the International Monetary Fund (IMF), the most prestigious and powerful international economic organization on the planet, is reduced to a mere advisor, even spectator.

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Its a political problem

Was the decision to downgrade the US economy from a triple A rating the catalyst or is it the Eurozone’s debt crisis and fears of another recession that caused the markets to panic? Are global economies running out of options to rescue their economies and what … Continue reading

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It’s the economy, stupid !

By Paul Krugman Has market turmoil left you feeling afraid? Well, it should. Clearly, the economic crisis that began in 2008 is by no means over. But there’s another emotion you should feel: anger. For what we’re seeing now is … Continue reading

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