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Zero Interest Rates in EU: The Myth of the Poor German Saver Yves here. We’re featuring this post primarily to highlight how little wealth most Germans have, despite Germany’s status as an export powerhouse. On the one hand, this may not seem as big a deal in the US, since in Germany most people rent, tenants have strong rights, and rentals are low by Anglo-Saxon standards. Germans also have better social safety nets than Americans. While bona fide jobs are more secure than here, although Germany is also seeing growth in temporary and short-term employment. The reason for pointing this out is that is not as widely recognized as it should be that ordinary Germany workers have been badly squeezed. Architecture Student Bought a School Bus and Turned It Into Cozy Mobile Home As a graduate architecture student, Hank was tired of seeing architecture projects that never left the drawing board. So when it came time to come up with a final project, Hank did what was obviously the only logical solution – he bought an old school bus and, together with his brother and a friend, spent 14 weeks converting it into a modern, well-designed mobile home that can host up to 12 people complete with beds, a kitchen, a bathroom and two skylights. Most of the furniture in the bus is modular, so it can be moved, stowed away or converted to different functions. The queen-sized bed can be made into a seating or dining area, and most of these modular pieces of furniture also include storage space. The kitchen consists of a pump sink with plans for an on-board refrigerator and gas cook stove in the future.
Average American CEO Earns 354 Times Median Worker Pay... But That’s About to Change in Portland, Oregon December 21st, 2016 By Carolanne Wright Contributing writer for Wake Up World “Americans actually live in Russia, although they think they live in Sweden. And they would like to live on a kibbutz.” ~ journalist Chrystia Freeland in “The Lottery Mentality” 19-Year-Old Develops Cleanup Array To Remove 7,250,000 Tons Of Plastic From Oceans Another young creative mind working towards bettering our world. 19-year-old Boyan Slat has revealed his plans to the world regarding his Ocean Cleanup Array that could remove 7,250,000 tons of plastic waste from the world’s oceans. The revolutionary device consists of an anchored network of floating booms and processing platforms that could be dispatched to garbage patches around the world. Instead of moving through the ocean, the array would span the radius of a garbage patch, acting as a giant funnel. The angle of the booms would force plastic in the direction of the platforms, where it would be separated from plankton, filtered and stored for recycling.
Public Banks Are Essential to Capitalism - Room for Debate To ask whether public banks would interfere with free markets assumes that we have free markets, which we don’t. Banking is heavily subsidized and is monopolized by Wall Street, which has effectively “bought” Congress. Banks have been bailed out by the government, when in a free market they would have gone bankrupt. The Federal Reserve blatantly manipulates interest rates in a way that serves Wall Street, lending trillions at near-zero interest and pushing rates so artificially low that local governments have lost billions in interest-rate swaps. Banking, money and credit are not market goods but are economic infrastructure, just as roads and bridges are physical infrastructure. State and municipal governments already have public lending programs, which are generally not seen as distortions of the free market.
About Us – Salemtown Board Co. ABOUT SAlemtown board co. Salemtown Board Co. was started in 2012 with a tank of gas, some reclaimed oak and a vintage wood shop outside of Bucksnort, TN. This story began with a dream to change our city, even just a little bit, through making beautiful, high quality skateboards. Why It's More Expensive To Be Poor It defies logic, right? That the poor would pay more for basic life items, essentially ensuring that they stay in the cycle of poverty forever. But people can forget that if you are living paycheck to paycheck, then it often becomes impossible to afford buying more than one thing at a time.
Eco-city Inside a One Kilometer Crater in Siberia Eco-city 2020 is a proposal for the rehabilitation of the Mirniy industrial zone in Eastern Siberia, Russia designed by the innovative architectural studio AB Elis Ltd. The project would be located inside a giant man-made crater of more than one kilometer in diameter and 550 meters deep that used to be one of the world’s largest quarries. The idea is to create a new garden city that will be shielded from the harsh Siberian environmental conditions characterized by long and severe winters and short hot summers. The new city would attract tourists and residents to Eastern Siberia and would be able to accommodate more than 100,000 people. The new city is planned to be divided in 3 main levels with a vertical farm, forests, residences, and recreational areas.
Battlefield Casualties and Ballot Box Defeat: Did the Bush-Obama Wars Cost Clinton the White House? by Douglas L. Kriner, Francis X. Shen Abstract America has been at war continuously for over 15 years, but few Americans seem to notice. This is because the vast majority of citizens have no direct connection to those soldiers fighting, dying, and returning wounded from combat. Increasingly, a divide is emerging between communities whose young people are dying to defend the country, and those communities whose young people are not. In this paper we empirically explore whether this divide—the casualty gap—contributed to Donald Trump’s surprise victory in November 2016. The data analysis presented in this working paper finds that indeed, in the 2016 election Trump was speaking to this forgotten part of America.
Make A Cheap & Easy Solar USB Charger With An Altoids Tin Photos by Joshua Zimmerman The craftster behind the very popular $3 solar-powered emergency radio is back with a new awesome project: a cheap solar battery charger with a USB plug. Zimmerman wrote, saying that he saw a lot of small solar powered chargers being talked about over Earth Day, but there was a big problem: "They're all quite nice, but also quite expensive. I don't think I've seen any for less than $60, and I've not seen one that really suits my style." So, he came up with his own, using one of our favorite reusable items -- the ever wonderful Altoids tin.
DIY search can find lost savings account savings Dear Dr. Don, A friend of mine had a savings account at a bank. He has had no contact with the bank since 1982. Last month, we realized that the bank had changed hands and is now being acquired by SunTrust Bank. We contacted the bank, and they did not find my friend's name.