Global debt soars to $169 trillion, along with fears of crisis ahead – “We were supposed to correct a debt bubble. What we did instead was create more debt.”

By David J. Lynch 3 September 2018 (The Washington Post) – Ten years after the worst financial panic since the 1930s, growing debt burdens in key developing economies are fueling fears of a new crisis that could spread far beyond the disruption sweeping Turkey. The loss of investor confidence in the Turkish lira, which has […]

The junk debt that tanked the economy? It’s back in a big way.

By Steven Pearlstein 27 July 2018(The Washington Post) – Like most people, you probably assume that the level of lending done by banks at any moment is largely driven by how much demand there is from borrowers. But in the world of modern finance, that’s only part of the story. For just as important is […]

How the 2008 financial crash made cities unaffordable worldwide – Property markets in the world’s major cities have “synchronised”, leaving behind nations and citizens

By Nathan Brooker 14 March 2018 (Financial Times) –  In the stormy spring of 2008, the UK’s worsening property downturn was yet to hit Sloane Street in central London. A full year after the start of the credit crunch and the run on Northern Rock — which started a slide that would see more than 20 […]

Tenfold increase in childhood and adolescent obesity in four decades – World will have more obese children and adolescents than underweight by 2022

LONDON, 11 October 2017 (WHO) – The number of obese children and adolescents (aged five to 19 years) worldwide has risen tenfold in the past four decades. If current trends continue, more children and adolescents will be obese than moderately or severely underweight by 2022, according to a new study led by Imperial College London […]

Study finds there are four ways to reduce economic inequality: state collapse, pandemic, revolution, and “mass mobilization warfare”

By Ana Swanson 19 April 2017 (The Washington Post) – Rising economic inequality in the United States has been a major animating force on both the political left and the right. Whether it is Sen. Bernie Sanders promising to rebuild blue-collar communities or President Trump pledging to “make America great again,” today’s political platforms often […]

IMF says global debt tops all-time high at $152 trillion

By David Lawder; Editing by Marguerita Choy 5 October 2016 WASHINGTON (Reuters) – The world is swimming in a record $152 trillion in debt, the IMF said on Wednesday, even as the institution encourages some countries to spend more to boost flagging growth if they can afford it. Global debt, both public and private, reached […]

The Unnecessariat and the epidemic of suicides and overdoses in the U.S.

By Anne Amnesia 10 May 2016 (More Crows Than Eagles) – […] See any overlap? I do. AIDS generated a response. Groups like GMHC and ACT-UP screamed against the dying of the light, almost before it was clear how much darkness was descending, but the gay men’s community in the 1970’s and 80’s was an […]

I Don't Believe in Global Warming, by Banksy, 20 December 2009. Photo: TheMammal via flickr

How global climate change may affect violence

July 18, 2010 (NNPA) – If global warming is a scientific fact, then we’d better be prepared for the earth to become a more violent place. That according to a recent Iowa State University study that shows as the earth’s average temperature rises, so too does violent tendencies in humans. Using U.S. government data on […]

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