Break the self-inflicted spiral of economic doom
With the biggest Australian housing collapse since the
global financial crash occurring in 2018, and international warnings that our bubble is in the "Top 30" crisis triggers
for a new GFC, the actions of Australian leaders—from Financial Services Royal Commissioner Kenneth Hayne to
our politicians—will be closely scrutinised in the coming
weeks as the Royal Commission reports (1 Feb.) and parliament returns (12 Feb.).
Articles include the following:
- Housing approval collapse shows the game is up
- Criminal masterminds: the real 'Big Four'
- 'Winter is coming': Subservience to bankers and failure to reform is leading us into another crash
- Italy's tenth-largest bank in receivership; Glass-Steagall solution raised
- A Wall Street felon and high frequency traders plan to form stock exchange
- Government shutdown is a no-win situation for all
- 'Global Britain': an attempt to retain power as global balance is disrupted
- Xi's Taiwan 'invasion threat' is just more Western hype
- Qld activists launch plans for potent 2019
- May's Brexit trap extends legacy of Thatcher, Blair
- ALMANAC: Frequently asked questions on the National Infrastructure Bank (NIB)
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9th January, 2018
China’s moon landing another giant leap for mankind
The successful soft-landing of China’s Chang’e-4 lunar spacecraft on the far side of the Moon promises further space development to benefit all nations, just as NASA’s Apollo Program (1963-72) made technological breakthroughs from which all nations on Earth have reaped the rewards.
After launching on 8 December 2018, the Chang’e-4 probe, comprising a lander and a rover, touched down at a preselected location at 177.6 degrees east longitude and 45.5 degrees south latitude on 3 January at 10:26 AM (Beijing Time), the China National Space Administration (CNSA) announced. The probe’s relative velocity to the Moon was lowered from a blisteringly fast 1.7 km per second to close to zero, an amazing feat made possible with a lunar-orbiting communications satellite as radio signals cannot directly reach the far side of the Moon from Earth.
The landing site, in the Von Kármán lunar crater, is part of the South Pole-Aitken basin, and at roughly 2,500 km in diameter and 13 km deep, it is one of the largest known impact craters in the Solar System. Any new discoveries about the mineral composition at such a deep level have great potential for scientific advancement. In particular, this deep basin is expected to contain large quantities of helium-3, an isotope suited for fusion power that is exceedingly rare on Earth. This energy-dense resource could potentially power a global economic renaissance for many thousands of years.
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