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Turkey Is Following a Familiar Emerging-Market Script - Bloomberg
The currency crisis may well be the start of tough times for Turkey. Capital outflows themselves are manageable with capital controls, as China demonstrated after its 2015 stock market crash. But the longer-term damage of an economy with high debt levels, with too many resources oriented toward real estate and construction, could be harder to escape.
economy  review  critique  realestate  productivity  crisis  RecepTayyipErdogan  Turkey  author:NoahSmith  Bloomberg  2018 
2 days ago by inspiral
Norfolk hospital plans 'in-patient' care at home - BBC News
A hospital preparing for forthcoming winter bed pressures has confirmed plans to treat dozens of people classed as "in patients" at their own homes.
NHS  patient  safety  Austerity  winter  crisis  sickcare  demand 
3 days ago by asterisk2a
Global heatwave is symptom of early stage cycle of civilisational collapse
BUT BECAUSE WE ARE NOT ACTING WITH AN SENSE OF URGENCY. THE THE PRECURSOR OF CIVILISATiONAL COLLAPSE :: NOT JUST BECAUSE THE FINAL EXTINCTION EVEN IS SO REMOTE, UNIMAGINABLE 'this looks not safe' DOES NOT COME TO MIND WHEN YOU HAVE A 'heatwave' or 'Ernteausfall.' // industrial civilisational systems are vulnerable to collapse due to escalating climate impacts. And they highlight the urgent necessity of communities everywhere undertaking steps to achieve a systemic civilisational transition toward post-capitalist systems which can survive and prosper after fossil fuels. [...] Collapse does not arrive in this scenario as a singular point of terminal completion. Rather, collapse occurs as a a series of discrete but consecutive and interconnected amplifying feedback processes by which these dynamics interact and worsen one another. &!
Klimakatastrophe  climatechange  climate  change  global  warming  globalwarming  Gesellschaft  Society  crisis  collapse  ecological  environmental  environment  extreme  weather  event 
11 days ago by asterisk2a
La anatomía de la deuda global by Howard Davies - Project Syndicate
Por primera vez, los estadísticos del FMI han compilado un conjunto integral de cálculos tanto de la deuda pública como de la privada, país por país, en una serie temporal que se remonta a fines de la Segunda Guerra Mundial.

En algunos países, la composición de la deuda cambió, ya que la deuda pública reemplazó a la deuda privada en la recesión post-crisis, pero ese cambio ahora prácticamente se interrumpió.

En un momento en que el crecimiento económico es robusto en casi todas partes, los mercados financieros están relajados en lo que respecta a la sustentabilidad de la deuda.

Pero los números efectivamente tienden a respaldar la hipótesis de que la llamada intensidad de deuda del crecimiento ha aumentado: parece que necesitamos mayores niveles de deuda que antes para respaldar una determinada tasa de crecimiento económico.

La idea es que los reguladores puedan "Apoyarse en el viento" de las expansiones excesivas del crédito, aumentando la cantidad de capital que debe tener un banco, con el objetivo de atenuar la oferta de crédito antes de que alcance un nivel peligroso.
banking  crisis  economics  EZ  IMF  UK  USA  monetary_policy 
12 days ago by david.garciahz
UK children with ADHD wait up to two years for diagnosis, say experts | Society | The Guardian
Postcode lottery chaos and misconceptions of mental health condition lead to delayed treatment, harming chances of education and future prospects
NHS  mental  health  Austerity  CAMHS  public  crisis  patient  safety 
13 days ago by asterisk2a

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