[MCN] Columbia Journalism Review: Lee kills Indy ahead of election
lance at wildrockies.org
Wed Oct 3 10:23:17 EDT 2018
“Booms have consequences.”
James Grant. Money of the Mind : Borrowing and Lending in America from the Civil War to Michael Milken. Farrar Straus Giroux. 1992.
“The growth in CO2 emissions closely follows the growth in Gross Domestic Product (GDP) corrected for improvements in energy efficiency.”
P. Friedlingstein, et al. “Update on CO2 emissions.”
Nature Geoscience. Published online: 21 November 2010
In a July, 2001 editorial, The Economist said that “It is no coincidence that the deepest and most protracted recessions in recent decades have taken hold in countries that experienced booms ...”
“Changes in world GDP (WGDP) have a significant effect on CO2 concentrations, so that years of above-trend WGDP are years of greater rise of CO2 concentrations.”
Granados et al. Climate change and the world economy: short-run determinants of atmospheric CO2. Environmental science & policy 21 (2012) 50–62
“Access to more capital makes bigger crises feasible; every now and then, somewhere in the world, one is going to happen.
“Is this because the same mistakes are made again and again, or is each crisis unique? The answer is yes to both: each crisis is unique, and the same mistakes are made again and again.”
The Economist, “A cruel sea of capital : A survey of global finance,” May 3rd, 2003.
“I have simply tended to be negative about booms,” investments guru Marc Faber told Asiaweek magazine in a February 2001 interview, because booms “easily turn into bubbles that become bigger and go bust.”
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