90 seconds at 9 am: Markets steadier as investors await Fed and ECB confirmation of fresh money printing to restart US economy and settle euro crisis; NZ$ hits record high vs euro

Perfect!

Such wisdom would need a background of real-world experience.

Are you Arnold Nordmeiers son in law?

I have said It here before. Crank up the Import Substitution factory's now.  We are going to need them! Steven, you surely spelled out the reasons why.

Makes sense Steven, but only according to the way economies/govts. operate now. 

Not an issue if we change the way we live. 

"We believe humanity is now facing an unprecedented challenge, which requires us radically to rethink the way we see the world and organise ourselves. Never in our history have humans faced so many interconnected global crises of our own making - from climate change and economic collapse to ecosystem and community breakdown, species extinction and social inequity.

The globalization of the industrial system over the last century has pushed the Earth beyond her capacity to mitigate the impact of humans and created enormous inequity amongst humans. The era of excess, instant gratification, and production and consumption as our raison d'être, will have to end if we are to bequeath a viable planet to our children. Insatiable economic growth cannot continue if our children are to have a future. The dominant culture needs to find ways to grow other than accumulating endless things. Surely our human intelligence we are so proud of can aspire to more than becoming mindless consumers?

If we do not understand that the crises we face are symptoms of a deeper moral, ethical and spiritual crisis, no technical fixes will help us. Creating a viable future is about justice - for humans, for the Earth, and future generations of all species. To quote one of Gaia's friends and supporters, Teddy Goldsmith (1928-2009):

"The ecology we need is not the ecology that involves viewing the ecosphere on which we depend for our survival at a distance and with scientific detachment. We will not save our planet by means of a conscious, rational and unemotional decision, a sort of ecological contract based on a cost-benefit analysis.

A moral and emotional commitment is required. Indeed, one of the key tasks of ecology must be to redirect our emotions so that they may fulfil the role they were designed for: to commit us to what should be the overriding human enterprise of maintaining the critical order of the ecosphere."

We cannot solve the problems we have created with the same thinking that created them in the first place - Albert Einstein" www.gaiafoundation.org

"Earth Jurisprudence is the term first used by cultural historian Thomas Berry to name this philosophy of governance and law which understands that the Earth, not human interests, are primary. It accepts that humans are born into an ordered and lawful Universe, to whose laws we need to comply if we are to be a benign presence on Earth.

The many interrelated crises, which we are living through now – from mass species extinction to climate change and social and economic inequity – are a result of a radical break in human principles of governance over the last few centuries, where law has been used to legitimise social and ecological destruction. Short-term human interests fuelled by an insatiable drive to accumulate money and power, have been enshrined in law in total disregard for the well-being of the larger Earth Community. This is reflected by the fact that in 1886 corporations were granted the same rights as individuals without proportional responsibilities. However other species have not been given the rights of an individual human.

 

Earth Jurisprudence provides the foundation for restoring a mutually enhancing relationship between humanity and Nature. It calls on humans to fulfill their responsibilities to the wider Earth Community - to maintain the health of the Earth as a whole and all the different species living on Earth." http://www.earthjurisprudence.org/

YoungTel, have you fixed that yet? Because in Eureka today its would be easy.  Eureka is a ghost town, like Astoria in Oregon but worse. No shops, no jobs just empty. Arcata is better as its got the university. Eureka is like Woodville in NZ but with 40,000 people.

"I spent 90% of my money on women, drink and fast cars. The rest I wasted". George Best