IMF raises spectre of civil wars as global inequalities worsen

[dreamdancer 0]

and step by step the next world war comes closer...

Quote

Dominique Strauss-Kahn, the IMF's chief, said the economic rebound across the world is built on unstable foundations, with many rich nations still strapped in job slumps while the rising powers of China, India and Brazil already facing the threat of overheating. "It is not the recovery we wanted. It is a recovery beset by tensions and strain, which could even sow the seeds of the next crisis," he said.

"Global unemployment remains at record highs, with widening income inequality adding to social strains," he said, citing turmoil in North Africa as a prelude to what may happen as 400m youths join the workforce over the next decade. "We could see rising social and political instability within nations – even war," he said.

The IMF has published a paper entitled Inequality, Leverage and Crisis arguing that the extreme gap between rich and poor – with echoes of the US in the late 1920s – was an underlying cause of the Great Recession from 2008-2009.

The paper, by the Fund's modelling unit, warned of "disastrous consequences" for the world economy unless workers regain their "bargaining power" against rentiers. It suggests radical changes to the tax system and debt relief for workers.

http://www.telegraph.co.uk/finance/globalbusiness/8296987/IMF-raises-spectre-of-civil-wars-as-global-inequalities-worsen.html

stay away from moving propellers - they bite
blue skies from thai sky adventures
good solid response-provoking keyboarding

[Amazon 7]

Please feel free to give 1/2 or more of whatever you worked for to those poor disadvantaged souls comrade

[dreamdancer 0]

and what is it good for...

Quote

The United States threatened to take military action against China during a secret "star wars" arms race within the past few years.

The “star wars” arms race was began in January 2007 when China shocked the White House by shooting down one of its weather satellite 530 miles above the Earth.

The strike, which resulted in thousands of pieces of debris orbiting the earth, raised fears that the Chinese had the power to cause chaos by destroying US military and civilian satellites.

In February 2008, America launched its own “test” strike to destroy a malfunctioning American satellite, which demonstrated to the Chinese it also had the capability to strike in space.

America stated at the time that the strike was not a military test but a necessary mission to remove a faulty spy satellite.

The leaked documents appear to show its true intentions.

One month before the strike, the US criticised Beijing for launching its own “anti-satellite test”, noting: “The United States has not conducted an anti-satellite test since 1985.” In a formal diplomatic protest, officials working for Condoleezza Rice, the then secretary of state, told Beijing: “A Chinese attack on a satellite using a weapon launched by a ballistic missile threatens to destroy space systems that the United States and other nations use for commerce and national security. Destroying satellites endangers people.”

The warning continued: “Any purposeful interference with US space systems will be interpreted by the United States as an infringement of its rights and considered an escalation in a crisis or conflict.

“The United States reserves the right, consistent with the UN Charter and international law, to defend and protect its space systems with a wide range of options, from diplomatic to military.”

http://www.telegraph.co.uk/news/worldnews/wikileaks/8299495/WikiLeaks-US-and-China-in-military-standoff-over-space-missiles.html#

stay away from moving propellers - they bite
blue skies from thai sky adventures
good solid response-provoking keyboarding

[Belgian_Draft 0]

Old Fashioned Apple Pie Recipe
Ingredients:

2 9-inch pie crusts (one for the top crust, one for the bottom crust)
1/4 cup all-purpose flour
3/4 cup sugar
1/2 teaspoon ground cinnamon
1/2 teaspoon ground nutmeg
Dash of salt
2 tablespoons butter
6 cups thinly sliced and cored apple


Directions:

1. Preheat oven to 425 degrees F.

2. Mix sugar, cinnamon, nutmeg, flour, and salt. Stir in the apples.

3. Place into pie crust, dot with butter. Cover with top crust, and slit evenly to let steam escape. Seal the top crust to the bottom by pinching the edges together.

3. Cover edge of the crust with a three inch strip of aluminum foil.

4. Bake 40-50 minutes, until crust is brown and juice begins to bubble through top.

HAMMER:
Originally employed as a weapon of war, the hammer nowadays is used as a
kind of divining rod to locate the most expensive parts adjacent the
object we are trying to hit.