Global population growth threatens to outstrip fresh water supply: study … Global demand for fresh water is set to outstrip supply as a result of population growth by the middle of this century if current levels of consumption continue, a study said. – ReutersDominant Social Theme: The world is running out of everything. Soon we will freeze in the dark … or maybe die of thirst.Fr...Read More
Defying U.S., European allies say they'll join China-led bank … Germany, France and Italy said on Tuesday they would join a new China-led Asian investment bank after close ally Britain defied U.S. pressure to become a founder member of a venture seen in Washington as a rival to the World Bank. – ReutersDominant Social Theme: Asia will show the West how to run an investment bank.Fre...Read More
Elon Musk: cars you can drive will eventually be outlawed … Tesla co-founder and CEO Elon Musk believes that cars you can control will eventually be outlawed in favor of ones that are controlled by robots. The simple explanation: Musk believes computers will do a much better job than us to the point where, statistically, humans would be a liability on roadways. – The VergeDominant Soci...Read More
Defying U.S., European allies say they'll join China-led bank … Germany, France and Italy said on Tuesday they would join a new China-led Asian investment bank after close ally Britain defied U.S. pressure to become a founder member of a venture seen in Washington as a rival to the World Bank. – ReutersDominant Social Theme: Asia will show the West how to run an investment bank.Fre...Read More
Elon Musk: cars you can drive will eventually be outlawed … Tesla co-founder and CEO Elon Musk believes that cars you can control will eventually be outlawed in favor of ones that are controlled by robots. The simple explanation: Musk believes computers will do a much better job than us to the point where, statistically, humans would be a liability on roadways. – The VergeDominant Soci...Read More
What it means if Fed no longer says it's 'patient' on rates … For the Federal Reserve, patience may no longer be a virtue. Surrounding the Fed's policy meeting this week is the widespread expectation that it will no longer use the word "patient" to describe its stance on raising interest rates from record lows. The big question is: What will that mean? – APDom...Read More
New border deal: Canada customs agents could work in U.S., vice versa … Canadian customs agents could soon work in the U.S. and carry firearms, and the U.S. border guards could do the same in Canada, as a result of a new border agreement between Canada and the U.S. – CBCDominant Social Theme: It makes a lot of sense for US and Canadian security personnel to work together – maybe...Read More
What it means if Fed no longer says it's 'patient' on rates … For the Federal Reserve, patience may no longer be a virtue. Surrounding the Fed's policy meeting this week is the widespread expectation that it will no longer use the word "patient" to describe its stance on raising interest rates from record lows. The big question is: What will that mean? – APDom...Read More
New border deal: Canada customs agents could work in U.S., vice versa … Canadian customs agents could soon work in the U.S. and carry firearms, and the U.S. border guards could do the same in Canada, as a result of a new border agreement between Canada and the U.S. – CBCDominant Social Theme: It makes a lot of sense for US and Canadian security personnel to work together – maybe...Read More
German Chancellor Merkel Examines the Model of Cyprus As a Solution for Greece … The model of Cyprus might be the best solution for Greece in order to force the government's implementation of the structural reforms it has already agreed to with the country's creditors. This is what the German magazine Der Spiegel estimates, citing information from the Chancellery. – Greek Repor...Read More
For the first time, the world economy grows while carbon emissions don't … The change is likely due to an increase in sustainable energy … For the last 40 years, whenever the world economy grew, so did the Earth's carbon dioxide levels — until 2014, The Washington Post reports. – The VergeDominant Social Theme: When there is less carbon dioxide, the world rejoices.F...Read More
German Chancellor Merkel Examines the Model of Cyprus As a Solution for Greece … The model of Cyprus might be the best solution for Greece in order to force the government's implementation of the structural reforms it has already agreed to with the country's creditors. This is what the German magazine Der Spiegel estimates, citing information from the Chancellery. – Greek Repor...Read More
For the first time, the world economy grows while carbon emissions don't … The change is likely due to an increase in sustainable energy … For the last 40 years, whenever the world economy grew, so did the Earth's carbon dioxide levels — until 2014, The Washington Post reports. – The VergeDominant Social Theme: When there is less carbon dioxide, the world rejoices.F...Read More
Go Ahead, Bash the Fed …"Bash" is a useful word for journalists looking to stack the deck. We criticize; the people we disagree with "bash." The bashing may take the form of criticism, but the choice of words has primed readers to regard the criticism as stupid and vulgar. – BloombergDominant Social Theme: The Fed needs to be criticized so it can work better.Free-Ma...Read More
'Blurred Lines' and Bad Law … If the devolution from Marvin Gaye to Robin Thicke doesn't stand for the decline of Western civilization, nothing does. The Los Angeles jury that found Thicke's "Blurred Lines" unintentionally plagiarized Gaye's "Got to Give It Up" apparently agreed. Choosing the dead genius over the living epigone was artistically correct...Read More
Go Ahead, Bash the Fed …"Bash" is a useful word for journalists looking to stack the deck. We criticize; the people we disagree with "bash." The bashing may take the form of criticism, but the choice of words has primed readers to regard the criticism as stupid and vulgar. – BloombergDominant Social Theme: The Fed needs to be criticized so it can work better.Free-Ma...Read More
'Blurred Lines' and Bad Law … If the devolution from Marvin Gaye to Robin Thicke doesn't stand for the decline of Western civilization, nothing does. The Los Angeles jury that found Thicke's "Blurred Lines" unintentionally plagiarized Gaye's "Got to Give It Up" apparently agreed. Choosing the dead genius over the living epigone was artistically correct...Read More
American Mystery Story: Consumers Aren't Spending Even In a Booming Job Market … It's an American mystery story: More people have jobs and extra pocket money from lower gas prices, but they aren't buying as much as economists expected. – BloombergDominant Social Theme: Happy days are here again. People don't understand it yet.Free-Market Analysis: Is it really a mystery...Read More
Columbia Journalism School to Cut Class Size and Staff Jobs … Columbia's Graduate School of Journalism is reducing its class size and cutting staff positions as demand for journalism schools across the country dwindles. – New York TimesDominant Social Theme: Good reporting will always find a market.Free-Market Analysis: What is analogous to debating how many angels can dance on the...Read More
American Mystery Story: Consumers Aren't Spending Even In a Booming Job Market … It's an American mystery story: More people have jobs and extra pocket money from lower gas prices, but they aren't buying as much as economists expected. – BloombergDominant Social Theme: Happy days are here again. People don't understand it yet.Free-Market Analysis: Is it really a mystery...Read More