How Europe is incubating an even bigger debt crisis by letting deflation take root
It is hard to judge at what point deflation becomes embedded in the system. Factory gate prices have been slipping since mid-2012. The pace quickened to minus 1.7% in February, the steepest decline since the Lehman crisis. But this time it is not the one-off effect of a financial crash. It is chronic and insidious.
Prof Luis Garicano from the London School of Economics said the economic models used to predict inflation seem to be breaking down. “They need to take very serious action,” he said.
Bank of America says its “inflation surprise” index keeps ratcheting lower as one shock after another hits, while its gauge of “deflation vulnerability” has been flashing red for most EMU countries. The effect is deeply corrosive, even if the region never reaches technical deflation.
Full Story: Financial Post
CEDA National Debate Champions holding championship cup Ameena Ruffin and Korey Johnson with Towson University debate team coaches Ignacio Evans, left and Amber Kelsie, right.
Renowned writer and feminist theorist hooks gets Girlpie’s voice exactly right, and puts her finger on just what every child is most concerned with: will my parents love me even when I’m bad? What about when the lights go out at bedtime? The surety of her parents’ love comforts Girlpie even as she falls asleep; “Memories of arms that hold me … No need to fear the dark place.”
that 58% statistic proves that most rapists dont know their rapists. we need to fix rape culture if we want anything to get solved. people dont even know what rape IS, theyre just scared of the word. thats why you get so much victim blaming and cover ups, we have to get rid of the ‘stranger in an ally’ trope. we need everyone to know what consent is. we need rape jokes to stop.
58% of people admitted to willing rape because they dont even know it IS rape. thats a huge issue, and also a huge indicator of the source of the problem. rape culture has to be confronted.