It all boils down to resources.We've had an easy ride in getting resources but its getting harder to get them and at lower quantities than before.Unless more investment is put in recycling(and its technologies),renewable energy and advanced materials(as alternative inputs),it will only get worse.

Emperor Constantine officially named Constantinople as the capital of the Eastern Roman Empire in 330 AD. It became a point of which Christianity based its roots. Churches sprouted as Roman disowned pagan worship for Christianity. The city remained the capital until the fall of the Western Roman Empire in 476 AD. Byzantium rulers took over and used it as their base until 1453.

On 29 May 1453, Turkish sultan Mehmed II "the Conqueror" entered Constantinople following a 53-day siege. The ascent of the Ottoman Empire was in full swing.





On 28 of May 2013, a turning point was reached in Turkey, resonating beautifully with the conquest of Constantinople. In the book "A Treatise on Government", Aristotle wrote on the genesis of revolutions:

"But seditions in government do not arise for little things, but
from them; for their immediate cause is something of moment.
Now, trifling quarrels are attended with the greatest
consequences when they arise between persons of the first
distinction in the state, as was the case with the Syracusians in
a remote period; for a revolution in the government was brought
about by a quarrel between two young men who were in office,
upon a love affair; for one of them being absent, the other
seduced his mistress; he in his turn, offended with this,
persuaded his friend’s wife to come and live with him; and upon
this the whole city took part either with the one or the other,
and the government was overturned: therefore every one at the
beginning of such disputes ought to take care to avoid the
consequences; and to smother up all quarrels which may
happen to arise amongst those in power, for the mischief lies in
the beginning; for the beginning is said to be half of the
business, so that what was then but a little fault will be found
afterwards to bear its full proportion to what follows."

Man's passions have not changed over thousands of years. The Arab Spring began with self-immolation of Tunisian Mohamed Bouazizi who could not find work and was selling fruit. When a municipal inspector confiscated his merchandise, he set himself alight. Protests in Turkey began over demolition of Taksim Gezi Park.

*Sighs*

Funny how this was just another parody.

Bernanke is speaking in 15 minutes! This is madness, there is no way he is going to announce tapering, they have worked so hard to get the economy back on track, there is no way they would purposefully throw in a spanner. I just wish I could figure out a way to make money from all these investors who are freaking out over nothing! The fed will ease out of QE slowly, and it will be long after Bernanke retires, and long after the economy has gotten off crutches, housing is barely improving.

Dow down 25points to 15,292 ATM ahead of his showing up. Bond prices also going down(yields up).
I see no tapering,no tightening!

Bernanke is speaking now, he expects inflation to be around 2% in the long run, fed will continue asset purchase programs no changes will be made but purchases will vary based on economic outlook, increase in fed funds target to be GRADUAL, sights improving labor market and low unemployment rates at 7.6%. Is there anything more one would need to know that the market especially housing stocks are about to rally hard in the coming months?! He says fed will not be shrinking fed purchasing portfolio but will only slow it down. Thanks Bernanke, fed expects considerable time between ending of QE and interest rate spikes!

All contingent on the economy recovering, if the economy recovery prediction goes as forecasted, they will taper in mid 2014, but if it doesn't they will deploy the funds. That's a win win for investors, plus the tapering will be gradual!