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- Squatters have begun moving in to foreclosed homes in Miami, one of the cities hardest hit by the collapse of the housing bubble. With 40,342 properties foreclosed upon this year in Miami-Dade County, enterprising individuals and at least one activist group have begun making a concerted effort to move people in to a few of the tens of thousands of empty buildings across Miami.
- Global shipping is facing its worst crisis in decades and Greece is set to take the brunt of it. In just a few months, dry cargo rates have fallen by more than 90 percent as a five-year boom has turned to bust. For Greece, which owns a fifth of the world's fleet, that spells trouble, with strikes and unrest likely to follow on the heels of unemployment and cutbacks, favorable conditions for the informed riot tourist.
- More senior citizens are picking pockets and shoplifting in Japan to cope with cuts in government welfare spending and rising health-care costs in a fast-aging society. Criminal offenses by people 65 or older doubled to 48,605 in the five years to 2008, the most since police began compiling national statistics in 1978, a Ministry of Justice report said.
- C.S.A. Strategy Quote Of The Day: "You can't fake endurance." --Anonymous
4 comments:
this guy paul schiff predicted the economic crisis, he has a spot on analysis with no holes. check out his youtube video of lips from a couple years back:
http://www.youtube.com/watch?v=2I0QN-FYkpw
he was interviewed on NPRs planet money blog:
http://www.npr.org/blogs/money/2008/11/hear_peter_schiff_is_warning_y.html
and he says things are going to get even worse! upheaval here we come!
he offers a solution to the crisis from a free-market libertarian perspective, which is crap, we know our solution is way better, but his analysis of the market is accurate i think.
get out the tools, its squatting season!
"We dash in headlong, but never indiscriminately, always with a plan"
I would like an account as to how riot tourism is strategic and not just an opportunity to fantasize about rebellion and participate in a soon-to-be-recuperated protest.
Good to see the blog back in action.
Wow. Favorable conditions for riot indeed. Way to go CSA!!!
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