Royce Republic

Mortgage Crisis

How bad will the mortgage crisis get?

The credit markets are seizing up and uncertainty recently drove up short-term interest rate for municipalities and some rock solid institutions such as New York Metropolitan Museum of Art to 20%.

And now even so called prime borrowers , the one who were properly vetted are being suck into defaults on their mortgage.Yet it's still  a relatively small  number  of institutions  and individual getting hurt this..not-yet-a -recession.

A numbers of economist and banking industry expert believe the subprime crisis could metamorphose into the biggest debacle to hit the sector since the savings and loan catastrophe of the 1980's  which caused some 500 millions in losses to the banking industry, and that means the future of a couple of name brand financial institution could be in jeopardy..

Much will depend on how far home prices tumble over the next few quarters, how high unemployment climbs, how many homeowners are pushed into home foreclosure from rate resets and most importantly, how far the crisis spills into the conventional mortgage market, and other part of the credit sector..

BEAR..The beruang kutub

Why the bear? Because bear sleep a lot..and big
So..to avoid from be a bear..control your sleep.

Lest we look at them as lazy bums, the proper word for their inactive state is 'hibernation'.During the cold winter months, when bear enter the dormant-like condition, they will not urinate or pee..

and are obliviously to the outside world,until it's time to wake up.It still astounds scientists--even if some men find a rather enchanting idea!

I LIKE TEDDY BEAR...huuuuuuu

Chocolate..Great Valentine's Day gift

Studies have shown that chocolate triggers the release of feel- good endorphins <natural opiates> in the brain..

Researches at Neuro-sciences Institute in San Diego , California have been reported that chocolate contains pharmacologically active substances that have the same effect on brain as marijuana..

Choc also contains caffeine , theobromine < mild stimulant> and phenylethylamine , which can raise levels on endorphins..

Its also contains very high levels of catechins ----> act as antioxidant.Just 25 g of dark chocolate contains as much as 41mg of flavanols--> the powerful antioxidant that guard against plaque build up in artery walls..That's more antioxidants than a cup of green tea, an apple or wine.

Chocolate--> a significant source of essential nutrients such as calcium, magnesium, zinc, iron, niacin and riboflavin

I LIKE CHOCOLATE CAKE   !!!

Fossils of Mistake Point

Mistaken Point...is near the South Eastern tip of Newfoundland 's Avalon Peninsula..comes by its name honesty..

Owning to frequent fog,many mariners in the era before modern navigational aids "mistakenly" thought they were rounding the nearby Cape Race headland to sail north to St.John's , only to steer into the rocky shore.

This treacherous coast has claimed more than what its share of shipwrecks over the centuries..

Mistaken Point  has helped us understand the evolution of Earth's  earliest animals  more clearly.

The fossils at Mistaken Point are the oldest multicellular animals in the world..And because the  Mistaken Point animals were buried under  volcanic ash,  they were preserved intact next to each other, so we can studies them the same way a biologist studies ecology in a modern ecosystem.-----rooyan

It's time to clean up

It's time to clean up...

As we become wealthier and consume more..we are producing unprecedented
quantities of rubbish.The Asian Development bank (ADB) estimates that our largest cities produce an average 760,000 tons of solid waste per day.Its predicts that there will be a two-fold increase -to 1.8 millions tons -by 2025

The growing volume and toxicity of waste is simply threatening to overwhelm our cities.

A MOVE TO IMPROVE...TO GET GREENER !