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Another reason why we need more green space

Nov 192009

Many of us know instinctively and intuitively that open green space around us can relax our minds and lift our spirits – somehow we just feel better.

A new study confirms just that: it shows that people living near green space experience less anxiety, depression, heart disease, back pain and asthma than those living in concrete jungles.

“The role of green space in the living environment for health should not be underestimated,” Dutch researchers wrote in a study published in the British Medical Journal’s Journal of Epidemiology and Community Health.

Economist: Deep recession won’t bottom out this year

Economy, United States 2 Responses »

May 022009

Economist Nouriel Roubini says that an L-shaped near depression may be avoided given the policy measures undertaken by the Obama administration. All the same, in his RGE Monitor, he is now predicting that the current protracted U-shaped recession will not bottom out in the third quarter but will instead continue until next year:

One should recognize that US policy authorities – as well as the authorities of many other countries looked into the abyss of the risk of a near depression – given the free fall in global economic activity in the last two quarters – and decided to start using most of the weapons in their arsenals – bazookas, missiles, rockets, artillery, etc – in a financial policy equivalent of a Powell doctrine of overwhelming force in order to avoid a near depression. This is why now the risks of an L-shaped near depression – like the one that hit Japan after the bursting of its real estate and equity bubble – have been reduced.

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High risk of “severe global Depression”

Corporate agenda, Neo-liberal economics 20 Responses »

Oct 122008

The real cause of the global financial crisis: This may be a comedy clip, but it provides a more accurate analysis – in layperson’s language – of the root causes of the financial meltdown than anything you may read in the mainstream

The big ‘D’ word – that’s D for Depression – is now creeping up on the global economy. What really caused the crisis?