Everything Is Broken
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China's Real Estate Bubble May Have Just Popped

China's Real Estate Bubble May Have Just Popped | Everything Is Broken | Scoop.it

Crowds of owners who had recently bought apartments at full price converged on sales offices throughout the city, demanding refunds. Some angry investors went on a rampage, breaking windows and smashing showrooms.

 

Caveat fucking emptor losers. 

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Everything Is Broken
The Consolidation of the Elites over Earth's Remaining Resources. Watching the Tragedy of the Commons in Action.
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2016 Hottest Year Ever - How NASA Knows | Video

NASA’s Goddard Institute for Space Studies (GISS) took measurements from 6300 weather stations across the world, ships and buoys for sea surfac
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The Left and Right of Capitalism with Jonathan Haidt

The Left and Right of Capitalism with Jonathan Haidt. What we believe influences what we perceive far more than we would like to admit to. Renowned socia
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Brace for the oil, food and financial crash of 2018 – INSURGE intelligence

Brace for the oil, food and financial crash of 2018 – INSURGE intelligence | Everything Is Broken | Scoop.it
Last September, a few outlets were reporting the counterintuitive findings of a new HSBC research report on global oil supply. Unfortunately, the true implications of the HSBC report were largely…
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Uber and Seamless ads reveal how Silicon Valley is screwing us – Sandpaper Suit

Uber and Seamless ads reveal how Silicon Valley is screwing us – Sandpaper Suit | Everything Is Broken | Scoop.it
“These days, everyone needs a side hustle,” starts the Uber commercial recruiting new drivers. And it’s got bouncy music and the dude is hip and it makes it sound like this is super fun and I’m…
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Capitalism Is Collapsing -- and the Weird Thing Is That Nothing Is Rising to Replace It

Capitalism Is Collapsing -- and the Weird Thing Is That Nothing Is Rising to Replace It | Everything Is Broken | Scoop.it
Author Wolfgang Streeck describes the phenomenon as “a death from a thousand cuts."
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Kent landlord bans 'battered wives' and single mothers from renting properties

Kent landlord bans 'battered wives' and single mothers from renting properties | Everything Is Broken | Scoop.it
One of the UK's biggest landlords has instructed agents acting on his behalf not to let his properties to "battered wives", single parents, low income workers, people on zero-hour contracts, or plumbers.
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No longer ‘Mayberry’: A small Ohio city fights an epidemic of self-destruction

No longer ‘Mayberry’: A small Ohio city fights an epidemic of self-destruction | Everything Is Broken | Scoop.it
In Chillicothe, rising opioid addiction cuts more white working-class lives short.
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Climate change is going to be very bad for the global economy

Climate change is going to be very bad for the global economy | Everything Is Broken | Scoop.it
The average global income is predicted to be 23% less by the end of the century than it would without climate change, but the effects will be shared unevenly.
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Video: Officer tases 91-year-old at nursing home

Video: Officer tases 91-year-old at nursing home | Everything Is Broken | Scoop.it
The controversial video shows officers tasing a 91-year-old Alzheimer’s patient because he was reportedly violent.
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Welcome to the age of anger | Pankaj Mishra

Welcome to the age of anger | Pankaj Mishra | Everything Is Broken | Scoop.it
The Long Read: The seismic events of 2016 have revealed a world in chaos – and one that old ideas of liberal rationalism can no longer explain
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How one of America’s least healthy counties got so sick

We visited Concordia parish, one of America's sickest counties. We're afraid it's about to get worse. Subscribe to our channel! http://goo.gl/0bsAjO Rea
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Era Of Shattered Illusions

Catastrophe occurs when too many people refuse to accept that around us always are two universes at work. There is the cold, hard reality that underlie
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Thugs ATTACK Peaceful Standing Rock Water Protectors

On the latest episode of Aggressive Progressives Jimmy Dore and Steve Oh discuss the brutal police ATTACK on the peaceful Standing Rock water protectors
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Killing Protesters Could Become Legal

A North Dakota lawmaker wants drivers to be able to murder protesters without any consequences. Cenk Uygur, Ana Kasparian, and Jayde Lovell, hosts of Th
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Five Things the World Can Learn From American Collapse

Five Things the World Can Learn From American Collapse | Everything Is Broken | Scoop.it
Don’t destroy your own institutions. Your institutions — whether they are great ones, like the BBC, NHS, and CBC, or small ones — are your crown jewels. For an almost invisible reason. They do not…
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The Zero Marginal Cost Society - Jeremy Rifkin

Jeremy Rifkin, economist, government advisor & New York Times bestselling author of the book: The Zero Marginal Cost Society. Jeremy Rifkin describes ho
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Millennials earn 20% less than Boomers did at same stage of life

Millennials earn 20% less than Boomers did at same stage of life | Everything Is Broken | Scoop.it
Downward mobility: Their student debt is drastically higher and "I think the opportunities have just been fading away."
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The Soviet Union Is Gone, But It’s Still Collapsing

The Soviet Union Is Gone, But It’s Still Collapsing | Everything Is Broken | Scoop.it
The Soviet Union Is Gone, But It’s Still Collapsing « | Foreign Policy | the Global Magazine of News and Ideas
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Algorithms: AI’s creepy control must be open to inspection

Algorithms: AI’s creepy control must be open to inspection | Everything Is Broken | Scoop.it
The accountability of artificial intelligence systems, from Facebook to healthcare, is shaping up to be a hot topic in 2017
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Hollande praises French courage, but warns the 'plight of terrorism' remains

Hollande praises French courage, but warns the 'plight of terrorism' remains | Everything Is Broken | Scoop.it
Crowds in Paris and across France have said goodbye to 2016.
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Coal is Dead

For over 30 years I have been a civil and environmental engineer cleaning up coal sites and ash piles (along with landfills, nuclear sites, and hazwaste sites) from central Pennsylvania to Arkansas - the entire length and breath of Appalachia. I have worked for the power industry both as a manager, contractor and as a consultant.

So you and I both know coal is dead and is never ever coming back.

Coal wasn't killed by Obama's EPA. It was killed by cheap fracking gas (which Trump loves). You can build a town and a community around a coal mine that hires hundreds of workers. A fracking gas well head, on the other hand, is just two guys coming out every three months to perform monitoring and maintenance. Existing coal power plants are old and at the end of their operational lives, so everyone is planning to decommission them within the next decade. But gas is cheap and plentiful, so nobody is building new coal burning plants anymore, only combined cycle gas turbines. Entire nations such as Canada and France are banning coal use after 2020.

And don't look for China and India to make up for demand. Coal use in both these nations has peaked.

I get the anger and despair, I've seen it up close. I would come back to a town five years later to build another disposal cell, set groundwater monitoring wells, or cap off a completed site. I would see that main street is now boarded up and there would be someone strung out on meth or heroin passed out on the park bench a block away from the local grade school. Appalachia is now one giant ghetto slum stretching across a half dozen states and culturally no different than Detroit south of 8 Mile Road. You see the same pathologies, dependency on welfare, addiction to drugs, and rampant prostitution. There are parts of eastern Kentucky where I won't go out at night and I never stay anywhere except major chain hotels (I used to save per diem money by staying at local motels - I don't dare do that anymore).

Remember that pot growing family that got butchered in Piketon Ohio? Didn't surprise me in the least since I spent years driving past that very spot on my way to a decommissioning job at the old nuclear bomb plant down the road. There is a reason that part of Ohio is called "Oxycontin Alley". The only difference with places like Detroit is skin color. And all those small towns dependent on the local factories for jobs? They are dead men walking as well. Those jobs are forever gone, never to return. They were taken by automation and robots not Chinese or Mexicans.

That Carrier Plant deal that Trump is so proud off was nothing but a scam played on Indiana tax payers who will foot the bill. Most of the jobs will still be lost and the 800 "saved" jobs will only exist until the factory is automated in a few years.

The VP of Carrier admitted that the $70 million will go towards acquisition of the robots that will replace these workers. Suckers! Seriously, you people really are rubes and suckers, easy marks that a con man like Trump knows how to play. He's every crooked contractor and dirty developer I have ever met only on a much grander scale. And you fell for his scam, you stupid rubes - because you preferred conspiracy theories to thinking and scapegoats to solutions.

The bottom line is this - a high school degree no longer gets you into the middle class. Those days are also dead and gone and never coming back. Ever. This is not to say that everyone should go to college. We send too many people to college to learn liberal arts when what our country really needs is trained plumbers, masons, pipe fitters, electricians, skilled heavy equipment operators, etc. On my sites, skilled workers could make six figures if they were good.

So let the dead bury the dead, time to give birth to something new.
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US will 'act' if others increase nuke capacity: Trump spokesman - Breitbart

US will 'act' if others increase nuke capacity: Trump spokesman - Breitbart | Everything Is Broken | Scoop.it
US will 'act' if others increase nuke capacity: Trump spokesman
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A Millennial Nativity

If the miracle of Christmas happened 2016 years later... Nestled in an Air BnB, Wisepeople, Yeezys, iPads, Essential Oils, Uber, a Midwife and more, welcom
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Trump Adviser: Global Warming Could Be Disproven Just Like Flat Earth Theory (VIDEO)

Trump Adviser: Global Warming Could Be Disproven Just Like Flat Earth Theory (VIDEO) | Everything Is Broken | Scoop.it
An adviser to President-elect Donald Trump compared the scientific consensus that human beings contribute to global warming to old scientific theories that were proven to be incorrect, including flat earth theory and geocentrism.
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