Curb Credit Rating Culture
Credit rating agencies have too much power to determine the fate of nations. They are unelected, unaccountable, have hugely inflated powers and should be curbed.
The credit ratings agencies are leading a market assault on nations and peoples. We must curb them hard if we can. So says Martin Kettle in his Guardian column. He goes on to say that the curse of the credit-rating culture in personal finance is in its relative infancy in Britain. "But it has increased, is increasing and ought to be diminished. Anyone who is familiar with the US personal credit-rating culture from which the sovereign risk culture has grown will know that it has a Kafkaesque way of doing things. As in high street banking and lending the world over, the computerised box-tick system has replaced the individual.
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We take fewer mental pictures per second.
- Recent memories run in our brains like sped-up old movies.
- In childhood, we capture images in our memory much more quickly.
- The complexities of grownup neural pathways are no match for the direct routes of young brains.
It's not just a case of "what doesn't kill you makes you stronger."
- A new study suggests children who endure trauma grow up to be adults with more empathy than others.
- The effect is not universal, however. Only one kind of empathy was greatly effected.
- The study may lead to further investigations into how people cope with trauma and lead to new ways to help victims bounce back.
It's one of the most consistent patterns in the unviverse. What causes it?
- Spinning discs are everywhere – just look at our solar system, the rings of Saturn, and all the spiral galaxies in the universe.
- Spinning discs are the result of two things: The force of gravity and a phenomenon in physics called the conservation of angular momentum.
- Gravity brings matter together; the closer the matter gets, the more it accelerates – much like an ice skater who spins faster and faster the closer their arms get to their body. Then, this spinning cloud collapses due to up and down and diagonal collisions that cancel each other out until the only motion they have in common is the spin – and voila: A flat disc.
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