Be it the United States or the European Union, most Western countries are so highly indebted today that the markets have a greater say in their policies than the people. Why are democratic countries so pathetic when it comes to managing their money sustainably? This clear, well-written essay in Der Speigel lays out the current debt crisis - along with current, proposed solutions - in an understandable manner. Not included among the so-far-proposed solutions is one other that has opened up a veritable financial market and debt Pandora's Box - i.e. a central bank debt jubilee.
78 78s - In Search Of Lost Time - is a streaming mix of beautiful 78s from around the world, collected and curated by Ian Nagoski. "I started sifting through boxes of junky old 78s that no one else wanted about 15 years ago, and almost right away, I made a rule: Anything that wasn't in English, buy it." [more inside]
Current TV previously & previously, the media company founded by Al Gore after the 2000 election, has picked up the kinds of in depth long form journalism being rapidly dropped by major networks, but has been tantalizingly unavailable for those without cable; until now. They have been putting their Vanguard episodes up on their website and on YouTube. [more inside]
Two Japanese men have been detained by Italian authorities after they were caught with $134.5 billion in US bonds and securities in a false-bottomed bag on a train heading for the Swiss border. [more inside]
Tunnels no Minasan no Okage Desu is a Japanese game show where contestants strike poses to fit through cutouts in pink foam walls. International reproductions of this game show reveal much about national character; reproductions exist in Italy, Russia, France, Denmark, Hong Kong, Korea, and Australia. [more inside]