When the world’s financial bubble blew, the solution was to lower interest rates and pump trillions of dollars into the sick banking system. “The solution is the problem, that’s why we had a problem in the first place”. For Economics Nobel laureate Vernon Smith, the Catch 22 is self-evident. But interest rates have been at rock bottom for years, and governments are running out of fuel to feed the economy. “The governments can save the banks, but who can save the governments?” Forecasts predict all countries’ debt will reach 100% of GDP by next year. Greece and Iceland have already crumbled, who will be next?
The storm that would rock the world, began brewing in the US when congress pushed the idea of home ownership for all, propping up those who couldn’t make the down payments. The Market even coined a term, NINA loans: “No Income, No Assets, No Problem!” Enter FannieMae and FreddieMac, privately owned, government sponsored. “Want that vacation? Wanna buy some new clothes? Use your house as a piggie bank!” Why earn money to pay for your home when you can make money just living in it? With the government covering all losses, you’d have been a fool not to borrow.
But when the punchbowl ran dry, instead of letting investors go home to nurse their hangovers as usual, the Federal Reserve just filled it up again with phoney money. For analyst Peter Schiff, the consequence of the spending binge was crystal clear: “we’re in so much trouble now because we got drunk on all that Fed alcohol”. Yet along with other worried experts, he was mocked and derided during the boom.
Have you taken out a mortgage, invested capital or bought shares? If you have, likelihood is you lost out in the latest bust. Governments promised decisive action, the biggest financial stimulus packages in history, gargantuan bailouts: but what crazed logic is this, propping up debt with…more debt? This documentary brings an entirely fresh voice to the hottest topic of today….(read more)

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Overdose is a serious and potentially life-threatening condition that occurs when a person takes an excessive amount of a drug or substance. This can result in harm to the body, including organ damage, and in severe cases, death. Overdose can occur with both legal and illegal substances, including prescription medications, opioids, alcohol, and illegal drugs.

One of the most common causes of overdose is the misuse of prescription medications. Many people believe that because a medication has been prescribed by a doctor, it must be safe to take in any quantity. However, this is not the case, and taking too much of a prescription medication can lead to overdose. Opioids, in particular, have been responsible for a growing number of overdose deaths in recent years.

Illegal drugs such as heroin, cocaine, and methamphetamine also pose a significant risk of overdose. Because these drugs are often obtained from unregulated sources, their potency and purity can vary, making it difficult for users to gauge a safe dosage. Additionally, mixing different drugs together or using them in combination with alcohol can increase the risk of overdose.

Alcohol overdose, also known as alcohol poisoning, occurs when a person consumes a large amount of alcohol in a short period of time. This can lead to dangerous levels of alcohol in the bloodstream, which can cause respiratory failure, a drop in blood sugar, and even death.

Recognizing the signs of an overdose is crucial in preventing fatalities. Symptoms can vary depending on the substance involved, but common signs of overdose include difficulty breathing, seizures, loss of consciousness, and vomiting. If you suspect that someone is experiencing an overdose, it is important to seek medical help immediately.

In many cases, an overdose can be treated if medical attention is sought promptly. However, without intervention, an overdose can be fatal. Therefore, it is essential for individuals who are using drugs or medications to be aware of the potential for overdose and to take steps to minimize their risk.

Education and awareness about the dangers of overdose are important in preventing these tragedies. It is vital for healthcare professionals, educators, and communities to provide information about the signs and symptoms of overdose, as well as resources for individuals who may be struggling with substance abuse.

In conclusion, overdose is a serious and potentially life-threatening condition that can occur with a wide range of substances. Whether it is prescription medications, opioids, illegal drugs, or alcohol, the risk of overdose is a reality that cannot be ignored. By understanding the causes and symptoms of overdose, and by promoting education and awareness, we can work towards preventing these tragic events and helping individuals get the support they need.