This Is Not a Repeat of the 2008 Financial Crisis, But It Is the Same Capitalist Rot
Since 2008, governments and central banks have been trying to prop up the banks through a combination of socialism for the banks, and austerity for everyone else. The result is what we see today.
Every systemic banking crisis has a trigger that sets it off. In the case of SVB, the reason for its bankruptcy is twofold.
A Honolulu company is helping low-income families in Hawaii reduce energy costs while contributing to a more sustainable grid—by linking household water heaters to create a virtual power plant, effectively repurposing the ubiquitous appliances into grid batteries.
The total weight of Earth’s wild land mammals – from elephants to bisons and from deer to tigers – is now less than 10% of the combined tonnage of men, women and children living on the planet.
A study by scientists at Israel’s Weizmann Institute of Science, published this month, concludes that wild land mammals alive today have a total mass of 22m tonnes. By comparison, humanity now weighs in at a total of around 390m tonnes.
Canada's big-business newspaper considers squandering $31 billion (which doesn't include lots of large related expenses like policing services) as necessary, "given Canadian political realities." The big-talk-no-action BC NDP could have changed those realities. - Gene McGuckin
Ontario’s Bill 60 has delivered a death blow to public medicare. The provincial medical system will no longer operate as a public service but as a profit-taking business managed by the private sector.
