Dan Collins CMR When I moved to China back in 1998 I was surprised to learn how highly the Chinese thought of America. Of course China was a much poorer place back then but coming from the Detroit area I couldn't fathom where was all of this American prosperity was that the Chinese were talking
California needs rain, and they need it bad. How bad? Just have a look at the GIF above. The first image shows Folsom Lake near Sacramento on July 20, 2011. The second image shows Folsom Lake on January 16, 2014. Notice a difference?
Pollution in Beijing was stuck at unhealthy levels for the sixth straight day, prompting warnings for people to stay indoors as thick grey smog shrouded the capital a week before the annual meeting of China's legislature.
A plutocracy is government run by the rich, for the rich. In Citizens United v. Federal Election Commission, the U.S. Supreme Court allowed the corporate role in politics to be expanded, wiping away 100 years of law protecting citizens from large corporate checkbooks.
There is little doubt that our economy runs on access to debt. Not a tiny bit of debt. But Himalayan mountains of debt. The banking crisis was pitched to the public as one of liquidity but in reality, it was one of solvency. The difference? One is a temporary inability to repay debts while