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Charles Eisenstein: Everything You’ve Been Told About Debt Is Wrong

With the United States’ household debt burden at $11.85 trillion, even the most modest challenges to its legitimacy have revolutionary implications. Charles Eisenstein, Yes! Magazine The legitimacy of a given social order rests on the legitimacy of its debts. Even in ancient times this was so. In traditional cultures, debt in a broad sense—gifts to

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Warming of oceans due to climate change is unstoppable, say US scientists The Guardian UK The warming of the oceans due to climate change is now unstoppable after record temperatures last year, bringing additional sea-level rise, and raising the risks of severe storms, US government climate scientists has said. The annual State of the Climate

Why the Greek Tragedy is Just the Opening Act

Sajai Jose Alexis Tsipras, the first Left Greek Prime Minister. Credit: SpaceShoe/Flickr, CC 2.0. Cover image of old woman in Athens is also by Spaceshoe Greece has become the first developed country to default on an International Monetary Fund loan, itself a fraction of a €323 billion national debt – equivalent to more than 175% of the country’s