A Geography Scrapbook
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A Geography Scrapbook
interesting (?) geography stuff
Curated by geofoodgraz
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What if Greece quits the euro?

What if Greece quits the euro? | A Geography Scrapbook | Scoop.it
A Greek exit from the euro has become a bomb fizzling at the heart of the eurozone. What could happen if it explodes?

Via Seth Dixon
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Lauren Stahowiak's curator insight, February 27, 2014 5:05 PM

Money controls everything. Because parliament has to make some budget cuts, money must be spent elsewhere. Because of this, Greece leaving the euro could lead to a downward spiral including a sovereign debt crisis, a recession and political backlash. Should Greece keep the euro?

Nathan Chasse's curator insight, March 17, 2014 8:02 AM

This article explains eight possible outcomes of Greece leaving the Euro Zone. None of them favorable for Europe, except maybe the UK which could possibly borrow more cheaply. For the rest of Europe, the results are either increased burdens for the more economically strong EZ nations like Germany, or a domino effect which accelerates the decline of the struggling economies of countries like Italy and Spain.

Hector Alonzo's curator insight, November 2, 2014 8:09 PM

If Greek were to quit/ be forced out of the Euro, according to this article, would not bode well for the country. As the graph suggests, Greece would experience multiple consequences if their vote fail then Greece will possibly suffer a government shutdown due to the debt they find themselves in.

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The Middle East’s Surprising Appetite for Oil

The Middle East’s Surprising Appetite for Oil | A Geography Scrapbook | Scoop.it
CFR experts examine the science and foreign policy surrounding climate change, energy, and nuclear security.

Via Seth Dixon
geofoodgraz's insight:
Seth Dixon, Ph.D.'s insight:

"Most everyone knows about the importance of Middle Eastern oil to the global economy and how that impacts geopolitics.  What isn't well-known is that the Middle East's own demand for oil has been increasing as their wealth and standard of living has been rising.  This chart does not show the amount of oil consumption, but the "energy intensity."  This is the amount of energy (often oil) used to produce a unit of GDP for a country's economy.  

 

Questions to Ponder: How will this change oil-producing countries economic development in the future?  How does this make us re-assess these economies?  Does this impact how we think about climate change issues?"

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Seth Dixon's curator insight, December 12, 2012 12:38 PM

Most everyone knows about the importance of Middle Eastern oil to the global economy and how that impacts geopolitics.  What isn't well-known is that the Middle East's own demand for oil has been increasing as their wealth and standard of living has been rising.  This chart does not show the amount of oil consumption, but the "energy intensity."  This is the amount of energy (often oil) used to produce a unit of GDP for a country's economy.  


Questions to Ponder: How will this change oil-producing countries economic development in the future?  How does this make us re-assess these economies?  Does this impact how we think about climate change issues?

 

Tags: energy, resources, Middle East, development.

Seth Dixon's comment, December 12, 2012 3:07 PM
In essence, this is measuring "how many miles per gallon" your economy is getting.
Kaitlin Young's curator insight, December 14, 2014 1:49 PM

Many people are well-aware of the Middle East's important part in the world oil market, but many fail to realize that this region consumes more oil than any other. Government subsidized oil prices combined with a rising economy spurring increased population growth and development makes parts of this region thirsty for petroleum. Cars are becoming more popular and as areas develop, electricity is being produced by the direct burning of fossil fuels. Meanwhile, countries like Saudi Arabia continue producing massive amounts of oil. This natural resource is what is going to shape this region in the upcoming years, providing major economic development that may trickle down to the people. 

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Hope during Economic Crisis

Flashmob en Madrid (España) organizado por el programa de radio CARNE CRUDA 2.0 Martes y jueves, 16:00, http://www.carnecruda20.es Lunes, miércoles y viernes...

Via Seth Dixon
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Emma Lafleur's curator insight, March 30, 2013 3:18 PM

A great video to show some hope in a hard time.

Shelby Porter's comment, September 19, 2013 1:46 PM
This video is a great example of what a difference someone can make. Before this group started playing, you could see that most of the people on that room looked down, but they certainly got some sun and happiness brought to them. It doesn't matter where in the world you are, the littlest things can certainly make a difference.
Lauren Stahowiak's curator insight, February 27, 2014 5:21 PM

Flashmobs bring so much positive energy to any environment. In Madrid, this video shows how positive vibes from music are contagious and transmitted into positive energy at an unemployment office. "Here comes the Sun" is a way of saying things are going to get better, just look at the bright side.