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Leak shows 'devastating' impact of planned NHS cuts in London | Society | The Guardian
“capped expenditure process” [...] “Some of the proposals could challenge fundamental expectations shared by NHS staff and the public about what the health service is there to provide. We can not do that without a full and proper debate”, said Saffron Cordery, the organisation’s director of policy and strategy.
NHS  STP  Austerity  Tories  nasty  party  Conservative  GE2017  social  care  A&E  GP  chronic  sick  population  mental  health  rationing  post  code  lottery  demand  ageing  demographic  bubble  bedblocking  bed  blocking  Council  Jeremy  Hunt  Simon  Stevens 
yesterday by asterisk2a
Sonic Light Bubble - Interactive public art - ENESS
A living breathing bubble responds with light and sound when approached and touched, this giant synthetic organism attempts to humanize lighting based public art and attracts passes by to engage and interact with it's beauty
art  public  leds  bubble  3D 
5 days ago by funvill
Under-strain NHS fails to ensure cancer patients seen quickly enough | Society | The Guardian
http://www.bbc.co.uk/news/health-40162249 - Clare Marx, president of the Royal College of Surgeons, said she expected the situation to get worse given NHS England said earlier this year it was willing to see waiting times increase so it could prioritise A&E and cancer.
NHS  Cancer  Austerity  health  care  demand  ageing  chronic  sick  population  demographic  bubble 
11 days ago by asterisk2a
Urban Studies Journal: Not just the super-rich: The role of the middle-classes in transforming London
We suggest that there have been three broad waves of investment from Hong Kong to UK’s housing market.
hk  housing  assuredshorthold  bubble  crash  london  to_blog 
13 days ago by yorksranter
Stock Market Capitalization-To-GDP Ratio 2nd Highest In History | Seeking Alpha
The combined market value of all U.S. stocks, as measured by the Federal Reserve, is now near the 2nd highest on record. At 125% of GDP as of October 2016, it was just below the level reached in early 2000, the peak of the Internet Bubble. If one considers the market's appreciation since October 2016, the ratio may have exceeded the 2000 level.
market-cap  market-timing  warren-buffett  bubble 
15 days ago by hellsten
(1397) Theresa May in Election Jitters Caught Lying About Tory Plans to Cut The National Health Service - YouTube
selling of buildings and land and leasing it back = privatisation 2.0 after PFI. // proceeds are used to run NHS! LOL // book Oliver Letwin a- artificially distress NHS and Co to privatise it to make it more palatable. // Naylor Report - http://www.mirror.co.uk/news/politics/what-naylor-report-everything-you-10543351 /// Simon Stevens is Tories henchman and privatisation agenda!
NHS  Privatisation  GE2017  PFI  UK  STP  health  care  demand  Jeremy  Hunt  Simon  Stevens  England  Wales  Conservative  Party  nastyparty  nasty  Manchester  Devolution  ageing  chronic  sick  population  demographic  bubble  adult  elderly  social  Prevention  Austerity  Naylor  Report  Oliver  Letwin  book  Living  Standard 
17 days ago by asterisk2a
Britain’s economy is broken. We desperately need new ideas | Tom Kibasi | Opinion | The Guardian
If the country was economically bankrupt in 2010, it is intellectually bankrupt in 2017. On the eve of the general election, politicians of all parties have rarely been so devoid of progressive ideas [...] Yet in substance, May’s approach remains mere tinkering at the edges of economic policy. The Conservatives remain stubbornly allergic to – or ignorant of – Keynesian macroeconomics. [...] [and housing and real estate lending distorting the lending picture. houses are not productive! R&D, and firms are. and creating long-term jobs w real incomes to spend (not remortgaging your home bc of housing bubble]
Brexit  GE2017  London  Housing  Bubble  piggybank  Forex  British  Pound  recovery  GFC  Manufacturing  Services  Consumerism  Zombie  Austerity  underinvestment  confidence  fairy  Productivity  output  gap  QE  ZIRP  NIRP  banking  investment  distortion  lending  property  UK  Living  Standard  wage  income  growth  inflation  £ 
18 days ago by asterisk2a
The Biggest Real Estate Bubble Of All Time Just Did The Impossible | Zero Hedge
There are two things at work here. The natural resource distortion to the real economy. And the Super Rich and Criminals and Asia/China who are desperate to divest and park their riches in democracies and rule of law and hard "assets"
Canada  bubble  property  Super  Rich  1%  money  laundering  Asia  China  Russia  Brazil  corruption  G20  speculation  speculative  London  CAD  immigration  Student  Plutocracy  Oligarchy  tax  evasion  avoidance  QE  ZIRP  NIRP  unintended  consequences  Fed  BOE  ECB  organised  crime  war  on  drugs  natural  resources 
18 days ago by asterisk2a
YouTube -- Keiser Report: Dotcom Bubble 2.0? (E1079)
"Look. Norm's egg just rolled off the table. We need a new egg for Norm."
economics  "capitalism"  bubble  delusion  MaxKeiser 
19 days ago by adamcrowe
'A grim reality': concern over longer waits for NHS operations | Society | The Guardian
http://www.bbc.co.uk/news/uk-england-northamptonshire-40124643 & http://www.bbc.co.uk/news/health-40122075 - The number of people in England being forced to wait that long has almost trebled in the past four years, from 45,054 in March 2013 to 126,188 in March this year – a 180% rise. Patients are, in theory, guaranteed to have a non-urgent procedure, such as a hernia repair, cataract removal or hip or knee replacement, within 18 weeks under the NHS constitution. Surgeons said delays of at least 26 weeks would lead to patients suffering for longer than they should, which could damage their quality of life and chances of recovering. [...] including for A&E and cancer care, amid rising demand, widespread staff shortages and an unprecedented financial squeeze.
NHS  Austerity  staff  shortage  locum  health  care  demand  chronic  sick  population  ageing  demographic  bubble 
20 days ago by asterisk2a
The truth about the Conservative manifesto? No new funding for schools and hospitals and more austerity | The Independent
But now we know: she couldn’t give an answer because there was actually no extra spending that needed to be paid for. The Institute for Fiscal Studies has calculated that the £8bn of NHS spending is merely a continuation of the path for health spending set out in the 2015 Spending Review and implicitly assumed to be extended in the 2017 March Budget. The IFS thinks the same thing is happening in schools spending, although with the added mischief that the £4bn figure is in cash terms, so unadjusted for expected inflation. //&! http://www.independent.co.uk/news/health/nhs-children-mental-health-services-cuts-or-closure-third-downsizing-survey-staff-conservatives-a7749616.html - Third of NHS children's mental health services 'face cuts or closure' Between 2010 and 2015, spending on children’s mental health services fell by nearly £50m – more than six per cent in real terms //&! http://www.independent.co.uk/news/health/nhs-world-ranking-uk-healthcare-worse-ireland-spain-slovenia-30th-lancet-a7744131.html - NHS is 'worse than healthcare in Ireland, Spain and Slovenia' in new global ranking UK scores total of 84.6 out of 100, placing it on an equal footing with Cyprus, Qatar, Malta, Portugal and the Czech Republic
GE2017  Austerity  NHS  education  policy  Theresa  May  mental  health  rationing  STP  Privatisation  nasty  party  demographic  bubble  ageing  chronic  sick  population  care  demand  medical  advances  Simon  Stevens  Jeremy  Hunt  public  economics 
26 days ago by asterisk2a
Distortion of financial economy (speculation), underinvestment in real things.
7:33 QE and ZIRP and banks business model, the financialisation of the western economies, is causing underinvestment now for a too long time, in the real economy (companies, R&D, infrastructure, edu, productivity). - https://www.youtube.com/watch?v=ZL31ORGxZPk - TBTF central banks w QE blance sheet unable to unwind it! Loss of faith in politics and the system. (2) credit bubble from consumers that made the recovery w the help of ZIRP QE - zombie consumer zombie companies zombie banks - kept just about alive w QE and ZIRP. america uk worth more on paper due to credit and forex USD £ than their real economy realer wirtschaftswert (3) Argentina example.
ZIRP  NIRP  QE  housing  mortgage  bubble  real  estate  squeezed  middle  class  working  poor  poverty  trap  social  income  mobility  recovery  GFC  central  banks  ECB  BOE  Fed  BOJ  austerity  Schuldenbremse  trickle-down  underinvestment  economic  history  TBTF 
26 days ago by asterisk2a
Don't want to work until you are 70? You will have to, says WEF | Business | The Guardian
World Economic Forum says looming fourfold rise in over-65s by 2050 is financial equivalent of climate change
demographic  bubble  pension  retirement  ageing  population 
27 days ago by asterisk2a
Tulips, Myths, and Cryptocurrencies – Stratechery by Ben Thompson
The problem, of course, is that while blockchain applications make sense in theory, the road to them becoming a reality is still a long one. That is why I suspect the better analogy for blockchain-based applications and their associated cryptocurrencies is not tulips but rather the Internet itself, specifically the 1990s. Marc Andreessen is fond of observing, most recently on this excellent podcast with Barry Ritholtz, that all of the dot-com failures turned out to be viable businesses: they were just 15 years too early (the most recent example: Chewy.com, the spiritual heir of famed dot-com bust Pets.com, acquired earlier this year for $3.35 billion).

As the aphorism goes, being early (or late) is no different than being wrong, and that’s true in a financial sense. As I noted above, I would not be surprised if the ongoing run-up in cryptocurrency prices proves to be, well, a bubble. However, bubbles of irrationality and bubbles of timing are fundamentally different: one is based on something real (the latter), and one is not. That is to say, one is a myth, and one is merely a fable — and myths can lift an entire species.
Bitcoin  cryptocurrencies  valuation  bubble  TulipBubble  review  Stratechery  2017 
29 days ago by inspiral

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