asterisk2a + lunch   7

A Liverpool health experiment which just might save the NHS - BBC News
[ a bomb oozing, not exploding, just getting bigger & bigger & each passing year not tackling the causes - harder to resolve. ] True to form, the wise men at the top of the NHS in their headquarters in Leeds and Liverpool have identified the source of their pain: it's us. We are victims of our own lifestyle choices, demographically ever more numerous, and culturally driven by untameable expectations. We drink too much, we are too fat, we smoke, and we do not exercise and the average age of the population is increasing. The pressure is intolerable. A morning at A&E or a GP's surgery is like a scene from The Day of the Triffids. No power on earth could save us from ourselves and we are lucky to live as long as we do. [...] Unless we change the way we do things, the NHS in England will die. [...] [ FOCUS HAS TO CHANGE - from treatment to prevention and education. ] "The NHS can't cope: no health service would cope - anywhere." // intrinsic motivation by ppl to change for the better.
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july 2015 by asterisk2a
Who Will Pay? Austerity vs. Bailouts | Greece, Europe and The Euro! - YouTube
have to be held accountable >> bankers! but have not, just transfered private debt/losses onto public balance sheet which no has to paid down by the weakest of society and collectively by less public investment for the future (output gap/lower productivity) ie into infrastructure and education // stealing from the young // policy making by comfort and trinkets - George Osborne // moral hazard - the options they choose - paulson geithner summers and co made the tbtf and jail even worse! instead should have chosen partial privatization // sold off our future for keeping the gangsters "private" - get out of jail free card for what reason? because it would be not American? American means to be WALL STREET crony capitalistic greed with tax evasion and lobbying to the tunes of millions - your judge - that judges on you whether you get a free out of jail card?! // who will suffer in the end? the public and the weakest of society and unborn! period. long-term. // &! youtu.be/EmHYeGI0b_U
Grexit  UK  Greece  PIGS  austerity  bailout  crony  capitalism  capitalism  Wall  Street  social  cohesion  social  tension  generational  contract  pension  obligation  Career  Politicians  No  Representation  generationy  Millennials  fairness  TBTF  too  big  to  jail  toobigtofail  economic  model  economic-thought  philosophy  sociology  Gesellschaft  Free  Lunch  Student  Maintenance  Grant  social  mobility  income  mobility  Gini  coefficient  education  policy  Higher  vocational  education  infrastructure  infrastructure  investment  public  interest  public  investment  STEM  productive  investment  productivity  output  gap  greed  Schuldenbremse  Fiscal  Pact  morality  moralhazard  GFC  recovery  lost  decade  lost  generation  short-term  thinking  short-term  view  Failure  American  Dream  sovereign  debt  crisis  democracy  corporate  state  manufactured  consent  populism  propaganda  Lügenpresse  banking  crisis  trust  trustagent  distrust  zombie  banks  PIIGSFB  PIIGS  shadow  banking  financial  repression  financial  literacy  FinancialCrisisResponsibilityFee  FinancialCrisisInquiryCommission  tobin-tax  financialtransactionfee  transactiontax  lobbyist  lobby  Lobbying  poverty  trap  child  poverty  poverty  welfare  state  Services  Services  sustainable  economic  sustai 
july 2015 by asterisk2a
Deutsche-Bank-Chef Fitschen fordert Ende der Niedrigzinsen - SPIEGEL ONLINE
"Es ist in der Tat sehr wichtig, den richtigen Weg zur Umkehr zu finden, um nicht sofort den nächsten Kollaps zu provozieren." Der Grat sei sehr schmal. "Alle aber sind sich einig: Die Zinsen können dauerhaft nicht so bleiben, weil sonst die nächsten Verwerfungen die Folge sind", sagte Fitschen.
QE  NIRP  monetary  policy  disequilibrium  bubbles  unintended  consequences  debt  monetisation  equilibrium  ZIRP  bubble  banking  crisis  artificial  demand  toobigtofail  bank  crisis  speculative  bubbles  centralbanks  debt  monetization  Free  Lunch 
may 2013 by asterisk2a
Junk's heyday is here and now - YouTube
http://www.zerohedge.com/news/2013-05-09/deutsche-bank-we-fully-understand-why-authorities-wouldnt-want-free-markets-operate- "We would stress that we fully understand why the authorities wouldn't want free markets to operate today as the risk of a huge global default and unemployment cycle would still be very high. However their intervention has a cost in our opinion. Socially this might be worth paying but we do think it exists."
bankruptcy  cycle  unemployment  monetary  policy  bond  bubble  zombie  banks  fixed  income  miltonfriedman  BOJ  artificial  demand  Insolvenzverschleppung  QE  lostgeneration  demand  and  supply  property  bubble  hayek  debt  monetisation  debt  bubble  bubble  default  greatdepression  zombie  consumer  debt  monetization  centralbanks  insolvency  cycle  Free  Lunch  IMF  default  cycle  GFC  refinancing  corporate  debt  haircut  unintended  consequences  high  yield  debt  Student  Loan  zombie  corporations  ECB  monetary  system  default  rate  credit  bubble  greatrecession  lostdecade  NIRP  Fed  economic  history  financial  repression  Super  monetarism  sovereign  debt  crisis  youth  unemployment  unconventional  monetary  policy  default  scenario  ZIRP  Junk  Bonds 
may 2013 by asterisk2a
Economic policy: Paved with good intentions | The Economist
Although the debate [austerity] relates to the UK, I think it has a much wider resonance. And indeed, to a student of history, it has fascinating parallels; economic policy-making was rethought in the mid-1970s, but the same debates are popping up again. [...] Margaret Thatcher on ZIRP & QE "Let us print the money instead. Because what that is saying is let us quietly steal a cerain amount from every pound saved in building societies, in national savings, from every person who has been thrifty." [...] [ZIRP & QE is no free lunch - it has consequences, known and unknown, unintended.]
infrastructure  investment  monetary  policy  Margaret  Thatcher  Mark  Carney  Europe  reflation  zombie  banks  New  Normal  BOE  deflation  macroeconomics  macroeconomic  policy  QE  intellectual  fiscal  policy  free  lunch  UK  PIGS  debt  monetisation  Martin  Wolf  austerity  greatdepression  zombie  consumer  economic-thought  deleveraging  economics  debt  monetization  Richardkoo  liberal  economic  reform  IMF  GFC  output-gap  unintended  consequences  margaretthatcher  Troika  davidcameron  greatrecession  debtoverhang  economic  history  financial  repression  Super  Cycle  sovereign  debt  crisis  monetarism  ZIRP  demand-curve  PIIGS  fiscal  theory  supply-demand  MervynKing  GeorgeOsborne 
may 2013 by asterisk2a

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