DiminishingReturns, EnergyReturnonEnergyInvested, andCollapse http://feedly.com/k/1bNMpE8 What do diminishing returns, energyreturnonenergyinvested (EROI or EROEI), and collapse have to do with each other? Let me start by explaining the connection between Diminishing Returns and Collapse. DiminishingReturnsandCollapse We know that historically, many economies that have collapsed were ones that have hit “diminishing returns” with respect to human labor–that is, new workers added less production than existing workers were producing … Seguir leyendo Diminishing Returns, Energy Return on Energy Invested, and Collapse

Doesanybodyreallywanttosolvethismess? OntheEuropean Crisis http://feedly.com/k/18flikw Pablo G. Bortz* (Guest Blogger) It has been more than five years since Ireland had to rescue its failing banks. Almost four since the beginning of the crisis in Greece. Something similar for the explosion of the housing bubble in Spain. France is submerged in a persistent recession, like Italy. A 0.1% “growth” in a quarter is celebrated as an irrefutable … Seguir leyendo Does anybody really want to solve this mess? On the European Crisis

BitcoinSlammed As BaiduSuspendsPaymentsDueTo "Fluctuations" http://feedly.com/k/19mJpIW Bitcoin is being sold aggressively on heavy volume as this headline hits: *BAIDUSUSPENDSBITCOINPAYMENTACCEPTANCEONVALUEFLUCTUATION And the official, google-translated announcement fromtheBIDU website: This is one of the reasons Citi and BofAMLnoted as ‘disadvantages‘ and it seems Baidu agrees (for now). and as a reminder… It appears Mt.Gox has crashed trying to handle a very large sell order… and the resulting algo mess … Seguir leyendo Bitcoin Slammed As Baidu Suspends Payments Due To «Fluctuations»

Spain’sIBEX – “TheWorld’sMostOvervaluedBenchmark” | FTAlphaville http://feedly.com/k/1d4SvwO shared via http://feedly.com Seguir leyendo Spain’s IBEX – “The World’s Most Overvalued Benchmark” | FT Alphaville

Política monetaria: “¿Por qué diablos el euro está aún así de fuerte?” http://feedly.com/k/1d5XL37 El último Consejo de Gobierno del Banco Central Europeo (BCE) del año se celebró el jueves 5 de diciembre en Fráncfort. Tras la reunión el BCE anunció que mantendría los tipos de interés, según explica La Tribune. El diario económico sostiene que el BCE: lanzó un nuevo ciclo de flexibilidad de su … Seguir leyendo Política monetaria: “¿Por qué diablos el euro está aún así de fuerte?”

Festival del humor!! El presidente del BCE ha prometido que la ciudadanía se beneficiará de próximas inyecciones de liquidez. La institución ha decidido mantener los tipos. El presidente del Banco Central Europeo (BCE), Mario Draghi, ha dicho este jueves que si se produce una nueva operación de refinanciación a largo plazo se asegurará que se usa para la economía. Draghi señaló en rueda de prensa que … Seguir leyendo Draghi promete que sus próximos préstamos a la banca llegarán a la ciudadanía

FoodPovertyInTheUK Has Reached "PublicHealthEmergency" Levels http://feedproxy.google.com/~r/zerohedge/feed/~3/fw_ywAG9iUs/story01.htm SubmittedbyMichaelKriegerofLibertyBlitzkriegblog, This tragic story emanating from the UK just doesn’t seem to go away. Probably because it’s true. The food crisis across the pond first came to my attention in earnest back in October when the Red Cross announced it was set to provide foodaidtotheUKforthefirst time sinceWorldWarII. The latest twist to this unacceptable saga comes via a letter send … Seguir leyendo Food Poverty In The UK Has Reached «Public Health Emergency» Levels

WhyBitcoinIsSuchDizzyingFun http://feedly.com/k/18HnFNk Even as the world was still desperately trying to figure out what exactly Bitcoin is, it was inducted into the Wall Street hype factory today by an analyst who touted it as the best thing since sliced bread – just when all heck was re-breaking out. shared via http://feedly.com Seguir leyendo Why Bitcoin Is Such Dizzying Fun