The Neverending Recession? Big Think Thinks Not

Images in Foreign Policy's photo essay this week captured all the gloom, anger and growing impatience with which the world is reacting to the financial crisis. In one of the more desperate, businessmen at Tokyo's Kanda Myojin Shrine have begun praying in huge number for a return to fiscal prosperity.


Well, Big Think has it on good authority that the crisis may be over sooner than you think. Next week we will open a new forum with expert predictions from US and foreign economists we have asked to look into their crystal balls. What they saw could make everyone feel a lot better.

NYTimes exposé reveals how Facebook handled scandals

Delay, deny and deflect were the strategies Facebook has used to navigate scandals it's faced in recent years, according to the New York Times.

(Photo by Chip Somodevilla/Getty Images)
Politics & Current Affairs
  • The exhaustive report is based on interviews with more than 50 people with ties to the company.
  • It outlines how senior executives misled the public and lawmakers in regards to what it had discovered about privacy breaches and Russian interference in U.S. politics.
  • On Thursday, Facebook cut ties with one of the companies, Definers Public Relations, listed in the report.
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Russian reporters discover 101 'tortured' whales jammed in offshore pens

Protected animals are feared to be headed for the black market.

(VL.ru)
Politics & Current Affairs
  • Russian news network discovers 101 black-market whales.
  • Orcas and belugas are seen crammed into tiny pens.
  • Marine parks continue to create a high-price demand for illegal captures.
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What would happen if America defaulted on its debt?

Sure we know it would be bad, but what do all of these scary numbers really mean?

Politics & Current Affairs
  • At the press time, the value was $21.7 trillion dollars.
  • Lots of people know that a default would be bad, but not everybody seems to get how horrible it would be.
  • While the risk is low, knowing what would happen if a default did occur is important information for all voters.
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