Saturday, April 18, 2015
Friday Beaver - The one that built NYC
(Back story - The Dutch traded beaver pelts in the 1600s. Beaver hats were all the rage in Europe until the fad died out and so did most of the beavers.)
Amazing the statistics on people moving about on this planet. Last report was 50 million people displaced by wars or natural disasters. People fleeing drug gangs in south america make up a few. The bulk of Iraqis middle class left the country after the second Iraq war and you can bet they're trying their best to avoid ISIS. Syria lost more than 40% of it's population with 300,000 reported dead, 2.5 million in refugee camps in surrounding countries and 6.5 million displaced within the country. And these are old figures. Everyone's wanting to get to safer ground.
People in northern Africa seem to be headed to Italy by the boat load. Australia and New Zealand is seeing its' share of boat people. All for the opportunity of safety and maybe a better life. But the backlash is growing as such mass influx of people all at once is putting a strain on local resources. But these migrations aren't limited to just third world countries. It's a safe bet Greece Spain and Ireland has seen its' share of those wanted to get out and probably did while the getting was good. Unemployment numbers are far greater than have been reported. Here in the U.S when your unemployment runs out you magically are no longer counted. So the 5.5% national figure is a load of bull. And just because you did manage to get a job doesn't mean it pays a living wage or was full time. On the plus side at least we don't have to dodge drone strikes on the way to work.
There's a hostility that's permeating the entire globe so I'd say we're due for another crash only this time worse than the last. Debt is being passed around like a hot potato and the effects are being gravely felt. Austerity does not make for a healthy economy but I guess world leaders forgot the crash of 1929.
Speaking of which there were no bank fails this week, but I get a feeling that one of the big banks will fail by years end or early next year.