with special thanks to youth of BBC

.B..In baltimore conscious real-estate faith groups are banking on youths next 3 billion jobs- renew planet, renew community, superapp missing infrastructure..
.B...In Bangladesh over 100000 educators at BRAC show how end poverty trains every family's leading daughters to be at epicentre of 17 sustainability goals most celebrated solutions. Girl empowerment has now created the world's largest cashless bank www.bkash.com - go to www.brac.net to discover next superapp under 30s will hackathon
.C..In China the friendships being networked with all jobs creating youth are under 30 are amazing and especialy valuable among the half of the youth living on one percent of planet located within 3000 miles of beijing


some of this blog family's most urgent collaboration questions

-from education - how do we design a mooc (at every grade) out of financial literacy - some leading network hubs of financial literacy mentoring : aflatoun (aflatoun at brac) 10thousandgirl ...

rsvp chris.macrae@yahoo.co.uk

Wednesday, December 26, 2012

extract from Joseph Stigler article vanityfair jan 2012

If we expect to maintain any semblance of “normality,” we must fix the financial system. As noted, the implosion of the financial sector may not have been the underlying cause of our current crisis—but it has made it worse, and it’s an obstacle to long-term recovery. Small and medium-size companies, especially new ones, are disproportionately the source of job creation in any economy, and they have been especially hard-hit. What’s needed is to get banks out of the dangerous business of speculating and back into the boring business of lending. But we have not fixed the financial system. Rather, we have poured money into the banks, without restrictions, without conditions, and without a vision of the kind of banking system we want and need. We have, in a phrase, confused ends with means. A banking system is supposed to serve society, not the other way around.
That we should tolerate such a confusion of ends and means says something deeply disturbing about where our economy and our society have been heading.

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