Virtual Geography: Living with Global Media Events"The author's capacity to grasp and interpret these [world media] events is astounding, and her ability to provide insights into a world where unbounded information is circling the earth with the speed of light is startling." -- Choice ..". a wide-ranging, quirky and dextrous mix of description, theory and analysis, that documents the perils of the global telecommunications network... " -- Times Literary Supplement ..". this is a stimulating, even moving, book, dense with ideas and with many quotable lines." -- The New Statesman "Wark is one of the most original and interesting cultural critics writing today." -- Lawrence Grossberg McKenzie Wark writes about the experience of everyday life under the impact of increasingly global media vectors. We no longer have roots, we have aerials. We no longer have origins, we have terminals. |
From inside the book
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... interest rates rose in Bonn they would rise in New York . A rise in interest rates causes people to leave the stock market , where dividends are likely to fall anyway , and head for the bond or money markets , where the rate of return ...
... interest rates . The central banks can ( metaphorically speaking ) pump money into the economy , cheapening the stuff and causing rates to fall , or they can soak it up , making it scarce and precious and causing interest rates to rise ...
... interest rates are rising . Interest rates are up be- cause the government is selling bonds to attract Japanese and German money , and this money is being used to buy arms . This props up demand within the American economy a little ...