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By 1800, the year several other scientists give as the commencement date of the Anthropocene, the steam engine had begun to power the Industrial Revolution and set off the rush to obtain wood, coal, and petroleum to keep both the device, as well as the rising pace of industrial production, running.
Energy Secretary Steven Chu warned in a speech at Tsinghua University, China's top science university, that if humans did not reverse the rising pace of their emissions of greenhouse gases, more people would be displaced by rising sea levels in China than in any other country, even Bangladesh.
On Wednesday, the central bank, led by Ben S. Bernanke, found itself facing hints of a problem that the United States has not seen in decades: stagflation, the mix of slumping growth, sharp spikes in oil and food prices and a rising pace of overall inflation.
When looking solely at the size of the CLO market's CCC/Caa buckets, the rapidly rising pace of downgrades in some ways resembles what was seen before the recession, the analysts at Wells Fargo said.
In particular, people do not appear to be buying enough goods and services to sustain the rising pace of job creation.
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House prices have been rising, the pace of mortgage origination is 40% higher than a year ago and consumer credit is growing: the pace of new car loans is at a six-year high.The link that has proved most elusive is between cheap money and corporate investment.
And while earnings have continued to rise, the pace of that growth has slowed as the recovery has matured.
Furthermore, and as the global population rises, the pace of change is vastly faster than ever before.
While many deal makers say that the number of transactions will continue to rise, the pace of that activity remains uncertain.
Housing prices are rising, and the pace of foreclosures is slowing in some areas.
Earnings are still expected to keep rising, but the pace of growth is slowing, and investors are looking for signs that sales are up.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com