The “Telephone Tower” in Stockholm. This was one of the main telephone junctions in Stockholm between 1887-1913. About 5000 telephone lines where connected here. After that the tower remained as landmark until 1953 when it was torn down as a result of a fire.
via Tekniska museet
Botword N°54 - Frurucle
This page presents the results of a simulation conducted by students at ESCP Europe Business School. The aim was to uncover the amount of interlinked debt between Portugal, Ireland, Italy, Greece, Spain, Britain, France, and Germany; and then see what would happen if they attempted to cross cancel obligations. The results were astounding:
*The countries can reduce their total debt by 64% through cross cancellation of interlinked debt, taking total debt from 40.47% of GDP to 14.58%
*Six countries – Ireland, Italy, Spain, Britain, France and Germany – can write off more than 50% of their outstanding debt
*Three countries Ireland, Italy, and Germany – can reduce their obligations such that they owe more than €1bn to only 2 other countries
*Ireland can reduce its debt from almost 130% of GDP to under 20% of GDP
*France can virtually eliminate its debt – reducing it to just 0.06% of GDP
so that’s how keys work.
várom már mikor lesz ilyen itthon is…
Hugo Gernsback Radio Police Automaton.
a tökéletes tömegoszlató