The future is increasingly (increasingly increasingly) renewables.
Oil is not going to go out-of-fashion. The supply/demand looks like it will stay roughly in balance.
The future seems to coming-on quicker than it used-to (and I don’t think it is because I am becoming older and fartier (although that is also true)).
It is not `technology` that is accelerating … I think technology is pretty stagnant.
It is, I think, a `pie-size` problem, that is growing.
That is … the problem is growing, because the pie is shrinking in size.
I see the pie as `the economy`.
The economy pie grows as money is passed-around.
The `accelerant` for this money-passing is profits.
Profits are based on `margins`.
Margins are exploitable opportunities for profits.
The economy accelerates on profit-margins.
The modern economy is not accelerating, because profit-margins are being squeezed.
(The economy can be kept going on credit … but this is only a short-term solution)
Modern Western economies have split into –
1. The squeezers.
2. The squeezees.
Loans ‘Designed to Fail’: States Say Navient Preyed on Students
In recent months, the student loan giant Navient, which was spun off from Sallie Mae in 2014 and retained nearly all of the company’s loan portfolio, has come under fire for aggressive and sloppy loan collection practices, which led to a set of government lawsuits filed in January. But those accusations have overshadowed broader claims, detailed in two state lawsuits filed by the attorneys general in Illinois and Washington, that Sallie Mae engaged in predatory lending, extending billions of dollars in private loans to students like Ms. Hardin that never should have been made in the first place.
Alberto Nardelli at Buzzfeed
The EU Says Its Banking And Medicine Agencies Will Not Stay In Britain
“The United Kingdom is leaving the European Union, and it will have no say in the location of the EU agencies.”