Juggling Dynamite

The 2008 debt crisis continues to plague the world economy. The next wave is likely to break along the fault lines of highly levered households in China, Canada, Australia, South Korea, Belgium, Norway, Sweden and others. Collectively these countries represent the economic weight of the US.  As in 2008, the cash crunch will be contagious.

Kingston University Economics Professor Steve Keen discusses the shortfalls of the European Union, why globalization must fail, and warns of major economies at risk of crisis. He speaks on “Bloomberg Surveillance. Here is a direct video link.

Present political antics in the Trump cabinet remind of the childhood chant, “I am rubber you are glue, words bounce off me and stick to you.”  The result is a cartoon-like spectacle of nut jobs running the asylum.  Time for adults to step in and enforce some rules here.  The only hope is to demand transparency and public hearings of all evidence.  Everyone sane, knows this.  Allowing figureheads to keep hiding information and quashing due process is anarchy.  Dear America, please get a grip.  The world is watching.  See After Comey, Justice must be served:

Firing Comey without recognizing the obvious conflict-of-interest inherent in the decision reflects Trump’s modus operandi: refusing to release his tax returns, refusing to sufficiently distance himself from his business interests, refusing to rein in family members who are profiting from the Trump name and connections. When elected officials refuse to be bound by the ethical practices and norms that we have come to expect of them, it’s up to the public — and their representatives — to hold them accountable. This is only the beginning.

Environmental Defence Fund is driving a conservation movement on America’s farms and ranches through the Monarch Butterfly Habitat Exchange. Every $35 donation sponsors one acre of habitat to help support the revival of monarchs. See how here.

In just two decades, the monarch butterfly population has plummeted by a heartbreaking 90 percent, primarily due to the loss of critical milkweed habitat. In this video, you’ll meet the Duncansons – a Minnesota farming family that has turned milkweed from a liability into an opportunity. “This is an opportunity, but it’s also a responsibility—to leave the land, the animals we produce, in better shape than how we found them,” explains Kristin Weeks Duncanson. Watch to learn why farmers and ranchers like the Duncansons are the monarch butterfly’s best hope for a thriving future. Here is a direct video link.