ez van

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(via xkcd: Bee Orchid)

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10 year old explains the truth about where money comes from... (by Positive Money)

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(via Index - Gazdaság - Ahol egyhavi munkáért öt liter tejet kapunk)

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(via The Jungle Indoors)

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The socializing function of finance capital facilitates enormously the task of overcoming capitalism. Once finance capital has brought the most importance branches of production under its control, it is enough for society, through its conscious executive organ – the state conquered by the working class – to seize finance capital in order to gain immediate control of these branches of production.

Rudolf Hilferding - Wikipedia, the free encyclopedia hehe

[scanzen]

The “Telephone Tower” in Stockholm. This was one of the main telephone junctions in Stockholm between 1887-1913. About 5000 telephone lines where connected here. After that the tower remained as landmark until 1953 when it was torn down as a result of a fire.

via Tekniska museet

[zinzembrook-deactivated20150330]

Botword N°54 - Frurucle

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[svorgan]

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This page presents the results of a simulation conducted by students at ESCP Europe Business School. The aim was to uncover the amount of interlinked debt between Portugal, Ireland, Italy, Greece, Spain, Britain, France, and Germany; and then see what would happen if they attempted to cross cancel obligations. The results were astounding: *The countries can reduce their total debt by 64% through cross cancellation of interlinked debt, taking total debt from 40.47% of GDP to 14.58% *Six countries – Ireland, Italy, Spain, Britain, France and Germany – can write off more than 50% of their outstanding debt *Three countries Ireland, Italy, and Germany – can reduce their obligations such that they owe more than €1bn to only 2 other countries *Ireland can reduce its debt from almost 130% of GDP to under 20% of GDP *France can virtually eliminate its debt – reducing it to just 0.06% of GDP

EU Debt Write Off: Cancelling Debt when a Country is Both Debtor and Creditor « Public Banking

[shortvideosandstuff]

[heyfunniest]

so that’s how keys work.

[inspirebefore-youexpire]

Wow