alexculture

boston college graduate
new jersey native
in constant pursuit and appreciation of the wonders of life
Jan 29
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thedailywhat:

Damn Nature U Awesome of the Day: Photographer Matt Titmanis captured this stunning shot of nature putting a man-made light show to shame during Australia Day celebrations in Perth.
[thanks matt!]

thedailywhat:

Damn Nature U Awesome of the Day: Photographer Matt Titmanis captured this stunning shot of nature putting a man-made light show to shame during Australia Day celebrations in Perth.

[thanks matt!]

(via fahshion)

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Jan 28
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Jan 26
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theatlantic:

In Kazakhstan, A Beautiful, Futuristic New Subway System

Just last month, Kazakhstan became home to the newest subway system in the world, and photos of the transit system 23 years in the making show that Sacha Baron Cohen’s comedic portrayal of the country could not be further from the truth. Read more.
[Image: English Russia]

theatlantic:

In Kazakhstan, A Beautiful, Futuristic New Subway System

Just last month, Kazakhstan became home to the newest subway system in the world, and photos of the transit system 23 years in the making show that Sacha Baron Cohen’s comedic portrayal of the country could not be further from the truth. Read more.

[Image: English Russia]

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something about this photo is so dope…

something about this photo is so dope…

(Source: lanadelrey, via yjreb)

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theatlantic:

Fed Will Keep Interest Rates Near Zero for Two More Years

In the hours before the Federal Reserve was scheduled to release its quarterly economic forecast, markets lifted with news that the bank would leave interest rates near zero through at least 2014. It’s not all good news, though. “While indicators point to some further improvement in overall labor market conditions, the unemployment rate remains elevated,” the Fed said in a statement. Read more. [Image: Reuters]


a sign that nothing has changed.

theatlantic:

Fed Will Keep Interest Rates Near Zero for Two More Years

In the hours before the Federal Reserve was scheduled to release its quarterly economic forecast, markets lifted with news that the bank would leave interest rates near zero through at least 2014. It’s not all good news, though. “While indicators point to some further improvement in overall labor market conditions, the unemployment rate remains elevated,” the Fed said in a statement. Read more. [Image: Reuters]

a sign that nothing has changed.

Jan 25
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The complications of the modern world all rest on one relationship. The lender and the debtor. The one who makes the promise and the one who trusts the promise. The wily negotiator and the fool who accepts the deal. Everything else is secondary.
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Washington and Wall Street.

Jan 24
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theatlantic:

Why the iPhone Isn’t Building a New U.S. Middle Class

Short answer: it’s not just wages. The vastly different wages paid to American workers, compared to contemporaries in Taiwan or China, is a significant factor in the shift of massive supply chain operations in the tech industry over to Asia, The New York Times says in its in-depth examination of Apple and its suppliers.
Takeaway factoid someone will repeat in your earshot this week: manufacturing the iPhone in the United States would add about $65 to the cost of each unit. Is that worth it?
But it’s not just about the wages. The biggest shocks of the paper’s examination of Foxconn, one of Apple’s major suppliers for the iPhone, are about physical scale, not payscale. The plant known as Foxconn City employes some 230,000 workers, with more than one quarter of them living on-site in company-built dormitories, The Times reports. The kitchens that feed the workers churn out 13 tons of rice per day, and guards work the hallways to prevent workers from trampling one another.
And the most chilling assessments of the U.S. labor market’s inability to share in some of this new manufacturing activity speak to simple inability to compete. Read more.

theatlantic:

Why the iPhone Isn’t Building a New U.S. Middle Class

Short answer: it’s not just wages. The vastly different wages paid to American workers, compared to contemporaries in Taiwan or China, is a significant factor in the shift of massive supply chain operations in the tech industry over to Asia, The New York Times says in its in-depth examination of Apple and its suppliers.

Takeaway factoid someone will repeat in your earshot this week: manufacturing the iPhone in the United States would add about $65 to the cost of each unit. Is that worth it?

But it’s not just about the wages. The biggest shocks of the paper’s examination of Foxconn, one of Apple’s major suppliers for the iPhone, are about physical scale, not payscale. The plant known as Foxconn City employes some 230,000 workers, with more than one quarter of them living on-site in company-built dormitories, The Times reports. The kitchens that feed the workers churn out 13 tons of rice per day, and guards work the hallways to prevent workers from trampling one another.

And the most chilling assessments of the U.S. labor market’s inability to share in some of this new manufacturing activity speak to simple inability to compete. Read more.