Peter Schiff about everything and the US debts in particular which are not expected to be paid back, ever! Even China knows!
Go and talk to your bank and tell them "You must be joking! You - want your money back?! Kidding me??"
The drama is, of course, that 200 countries on this planet have to simultaneously start moving in the same direction!
China's Ministry of Industry and Information Technology is preparing a 10-year plan aimed at turning China into "the world's leader" in developing and producing battery-powered cars and hybrids, according to executives at four foreign car companies who are familiar with the ministry's proposal.
The draft suggests that the government could compel foreign auto makers that want to produce electric vehicles in China to share critical technologies by requiring the companies to enter joint ventures in which they are limited to a minority stake, the executives say.
The plan is "tantamount to China strong-arming foreign auto makers to give up battery, electric-motor, and control technology in exchange for market access," says a senior executive at one foreign car maker. "We don't like it."
Research by a University of Oxford scientist found that the devices alone were unlikely to lead to an overall reduction in the demand for energy.
Citing Italy and Sweden as exampled, she said: "They are not being rolled out with the aim of giving customers better feedback, except that the households will get an accurate bill whereas in the past they might have got an estimate.
"But in [the UK], it is part of government policy that smart meters will be rolled out with real-time electricity displays."
Ding Yifan, a policy guru at the Development Research Centre, said China could respond by selling holdings of US debt, estimated at over $1.5 trillion (£963bn). This would trigger a rise in US interest rates.
China's authorities seem split over how to respond to moves on Capitol Hill for legislation to punish Beijing for holding down the yuan. The central bank has ruled out use of its "nuclear weapon", insisting that it would not exploit its $2.45 trillion of foreign reserves for political purposes. "The US Treasury market is a very important market for China," it said.
I admire you trying and really managing to say the truth while circumnavigating the obvious which, as in most cases, would include addressing the ones responsible for the disaster. At the same time I doubt whether this helps to improve things, to get better, to learn and train people from craftsmen to architects, engineers to customers per se and in the end to solve problems that we – all and together - need to deal with so desperately.
Not daring to say the truth, being afraid of criticism, of criticizing or simply to may be violate any kind of superstitious law, i.e. a discrimination act or similar … will not help us achieve anything and in the end puts even more responsibility on those hiding behind such excuses as on those not seeing and/or not understanding the real problems.
Tomorrow we will read how great a success it was, all aims achieved, visitors in loads and progress all over, may be next time we add some fireworks; no worries, life goes on and the Affordables will be affordable from now on.
Featuring innovative construction and cutting edge sustainable systems the houses will showcase the very latest in product design, landscaping and interiors. Affordability and low running costs are a main part of the design brief.
While designed to catch one's eye, to make it different, almost unique, think!
Last winter we had 30" of snow, almost three months in a row, so the roof valley above would have been filled with snow, compacting to ice, thawing, freezing, more ice, clogging up the gutters. Is the roof construction made for one, two or three tonnes of ice? In the alps those gutters do have to be heated something which makes efficiency avoiding sustainability! While here design celebrates a form, its primary, most important function has to be questioned, to say the least.
Second example: the hatches (on the photos) were missing, so looking into lofts was easy, as easy as the craftsmen had taken the installation of any type of insulation; that included any pipework in the loft or the underside of any roof. It was explained to me that these were so called "cold roofs", ventilated to avoid condensation...: designed to last and losing heat?!
...who's paying him... ? ... those who knit their own yogurt or are placed there due to having nowhere else to live would want to live in the "Goldfish Bowl" that is the development at Highland Expo. Wait to see it in a few years, it will either have been bulldozed or be a very sorry sight of weathered wood and peeling paint.