Developing Affordable Housing Ecosystems World Wide
By:David A. Smith Frostbite and gangrene attack the extremities first, as the body sacrifices bits of itself to keep the core alive. That affliction is slowing withering the economy, sovereignty, and society of Europe’s southern members – Greece and Spain in particular – as they continue to pursue the impossible, of staying in the [...]
[Continued from yesterday's Part 1.] By:David A. Smith Yesterday’s post on the grim realities of Spain’s economy, using a New York Times (December 17, 2012) article, organized the ways in which an insolvent entity that has run out of cash can try to avert complete collapse and presented the first three: stretch accounts [...]
[Continued from yesterday's Part 2 and the preceding Part 1.] By:David A. Smith In the two days so far, using a New York Times (December 17, 2012) article on Spain’s fiscal seizures, we’ve seen that even going bankrupt is no relief from the intractable problem of having no cash, and no money economy. [...]
By:David A. Smith In extreme starvation, a human body will in desperation consume itself, burning up muscle for food, a self-cannibalism that can happen to nations as well, as reported in this scary tale of economic collapse in the New York Times (December 17, 2012): Ana Maria Molina Cuevas, with her husband, who [...]
By:David A. Smith [Continued from yesterday's Part 1.] Yesterday’s post on the societal collapse of Greece, under forced austerity to preserve its connection to the euro currency, as shown in this Associated Press (November 1, 2012) story, demonstrated that the established institutions by which citizens judge their government – hospitals, courts, public services [...]
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