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POPSFresh gains add to markets rally Here comes the long awaited bounce, but it is pent up hope, not pent up demand. Still money can be made on the way up. So that is what the banks will do. Governments have made them into a can't lose business. No wonder everyone is investing in banks. Of course, the ultimately the price will be the destruction of national currencies. Some people think that this is the goal of policy, so that a Euro-like global currency will be deployed to save the day. They are, of course, labeled as conspiracy theorists.
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POPSSpace storm alert: 90 seconds from catastrophe This is science warning of a 2012 solar event -- NASA and the New Scientist. Nobody is listening, yet. The only way to prepare is to decrease dependency on electricity, fast. Too bad for the electric car enthusiasts.
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POPSNo cash? Barter for services with "dibits"
In the First Great Depression, the use of local community currencies ("script") exploded across the United States. Roosevelt sent a senior member of his Cabinet (I think it was John Foster Dulles, the Secretary of the Interior) to tour the country to find out what was going on. After a few months research, the Secetrary returned to report that the local "script" currencies were thriving and were starting to turn things around. But then he told the President that if the Federal Government lost control of the money system, it would lose control of the country. Local currencies were then outlawed and the New Deal, according to which the Federal Government borrowed and dispersed all monies, was hatched. Obama is trying the same trick in his new New Deal. If it does not succeed -- and our findings indicated that success is unlikely -- then he might be open to letting people create and trade in their own local bartar currencies, as well as give each other interest-free credits. One lesso
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POPSBBC documentaries dissecting modernity Brilliant documentary series. The first is about how Freud's psychology was used both to create the mass market and fascist propaganda. Edward Bernaise must be the most important person that have never heard of. Click 'online' to see on YouTube. I don't remember seeing them in the main BBC schedule.
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POPSPublic finance fears hit gilts auction Next, there's the run on the pound, then it's cap in hand to the IMF which won't be able to bail out all of the countries under threat at once. Once the State is bankrupt is it still as State? Or just a 'failed state'. Or could it be something else? Perhaps an opportunity for anarchism.