A Gloomy Forecast for the 2013 Global Economy
The way things are around the world right now, experts believe 2013 will not be anything close to bright for the economy globally.
Article written by guest writer Rin Mitchell
What’s the Latest Development?
From the look of what is happening around the world, 2013 is going to be a very difficult year for the economy—more like a "global perfect storm." The situation in Greece is not getting any better, and there is still some concern that it will exit the euro. The crisis around the rest of Europe is still being felt, especially in Spain. The economic slowdown in China continues to trigger worries that they are headed for a major downfall. The U.S. is still pushing for a full recovery since the 2008 economic crash and recent reports of its unemployment rate indicates there is still a ways to go. With tensions growing in the Middle East and in Iran, the U.S. looks to be on the verge of a war—whether it is in traditional form or cyber. "These risks are already exacerbating the economic slowdown: equity markets are falling everywhere, leading to negative wealth effects on consumption and capital spending.” In 2008-09, countries were capable of being proactive and had more room to help one another. Because the crisis is deepening in many parts of the world and there has been a major shift in financial positioning for many economies, there is hesitation to do anything—since "unsustainable budget deficits and public debt in most advanced economies have severely limited the scope for further fiscal stimulus."
What’s the Big Idea?
While the issues in the euro zone are dire, it’s the issues around the globe as a whole that are making things look real gloomy. “The lack of structural reforms in emerging markets, together with their move towards greater state capitalism, is hampering growth and will reduce their resiliency.” Some very strategic and smart moves are necessary right now or else everything will really start to storm down come 2013. If things don't start to change for the better, the future will continue looking more and more uncertain.
Pfizer's partnerships strengthen their ability to deliver vaccines in developing countries.
- Pfizer is helping to drive the UN's sustainable development goals through partnerships.
Swiss researchers identify new dangers of modern cocaine.
- Cocaine cut with anti-worming adulterant levamisole may cause brain damage.
- Levamisole can thin out the prefrontal cortex and affect cognitive skills.
- Government health programs should encourage testing of cocaine for purity.
Sarco assisted suicide pods come in three different styles, and allow you to die quickly and painlessly. They're even quite beautiful to look at.
Death: it happens to everyone (except, apparently, Keanu Reeves). But while the impoverished and lower-class people of the world die in the same ol' ways—cancer, heart disease, and so forth—the upper classes can choose hip and cool new ways to die. Now, there's an assisted-suicide pod so chic and so stylin' that peeps (young people still say peeps, right?) are calling it the "Tesla" of death... it's called... the Sarco!
Civil discourse has fallen to an all time low.
The question that the American populace needs to ask itself now is: how do we fix it?
Discursive fundamentals need to be taught to preserve free expression
In their findings the authors state:
upholding First Amendment ideals.
Talking politics at Thanksgiving dinner
- Progressive Activists: younger, highly engaged, secular, cosmopolitan, angry.
- Traditional Liberals: older, retired, open to compromise, rational, cautious.
- Passive Liberals: unhappy, insecure, distrustful, disillusioned.
- Politically Disengaged: young, low income, distrustful, detached, patriotic, conspiratorial
- Moderates: engaged, civic-minded, middle-of-the-road, pessimistic, Protestant.
- Traditional Conservatives: religious, middle class, patriotic, moralistic.
- Devoted Conservatives: white, retired, highly engaged, uncompromising,
It's interesting to note the authors found that:
"Tribe membership shows strong reliability in predicting views across different political topics."
Here are some statistics on differing viewpoints according to political party:
- 51% of staunch liberals say it's "morally acceptable" to punch Nazis.
- 53% of Republicans favor stripping U.S. citizenship from people who burn the American flag.
- 65% of Republicans say NFL players should be fired if they refuse to stand for the anthem.
- 58% of Democrats say employers should punish employees for offensive Facebook posts.
- 47% of Republicans favor bans on building new mosques.
Here are some guidelines for civic discourse that might come in handy:
- Practice inclusion and listen to who you're speaking to.
Civic discourse in the divisive age
dangerously tribal, fueled by a culture of outrage and taking offense. For the combatants,
the other side can no longer be tolerated, and no price is too high to defeat them.
These tensions are poisoning personal relationships, consuming our politics and
putting our democracy in peril.
Once a country has become tribalized, debates about contested issues from
immigration and trade to economic management, climate change and national security,
become shaped by larger tribal identities. Policy debate gives way to tribal conflicts.
Polarization and tribalism are self-reinforcing and will likely continue to accelerate.
The work of rebuilding our fragmented society needs to start now. It extends from
re-connecting people across the lines of division in local communities all the way to
building a renewed sense of national identity: a bigger story of us."
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