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Friday, 18 November 2016

Greek municipalities secure a pretty comfortable debt deal

That’s okay, you can pay us back anytime in the next 2,129 years: Three Greek municipalities managed to get ministers to sign off on an agreement allowing them to debts owed to the state and social security funds sometime in the next 2,129 years, Ekathimerini reports. “The Municipality of Maroussi, northern Athens, will pay off its debts of [EUR 56 mn] in 1,991 months, or about 166 years. The City of Piraeus has debts of [EUR 10 mn] that it will pay back in 152 months, or about 13 years. And the Municipality of Fyli, northwestern Attica, will pay back [EUR 469 mn] in 24,546 months, or some 2,129 years.”

We have about 1,000 years and then we’re outta here, so we’re betting both Maroussi and Fyli can safely worry about things other than when they’ll repay their debt.Stephen Hawking thinks we have less than a thousand years to colonize another planet, or it’s game over for humans. The theoretical physicist said we have maybe a thousand years to find a new home and “escape beyond our fragile planet.” Is he worried about climate change? Yes, but also “a sudden nuclear war, a genetically engineered virus, or the rising threat of artificial intelligence,” the Daily Mail reports, picking up on a piece in the Telegraph on a lecture Hawking gave at the Oxford Union earlier this week. Hawking, we’ll remind you, is also more than a little ambivalent on our current bête noir: artificial intelligence, which he’s said will be either the worst or best thing ever to have happened to humanity.

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