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Monday, March 28, 2016
Your Hometown, My Hometown
Even the most liberal economists acknowledge that under globalization and free trade agreements there will be winners and losers. That's the reality of the "invisible hand" and it makes abundant sense.
Now guess who has not been a big winner over the past 35 years under this global economic policy initiative? And here are a few articles that support what is readily a self-evident truth to most, and particularly for the 99% who are suffering under its consequences.
" they say these jobs are going boys, and they aint coming back"
In the last analysis, globalization has only benefitted the rich and led to the quiet destruction of society and the middle class. We need to become more self-reliant. more centred in our culture and effect policies that bring middle class jobs back to North American shores.
As VisualCapitalist's Jeff Desjardin notes, that means between 2015 and 2018, it’s anticipated that 1.3 million industrial robots will be installed worldwide. This will bring the stock of operational robots up to just over 2.3 million, mostly working in the automotive and electronics sectors.
For how long can the global robot population continue to grow?
Friday, March 25, 2016
Earth, Spiders, Rockefellers, Bunnies and Fools...
Economic Globalization Accelerates Destruction of Earth
FAIR TRADE OR NOT?
International trade damages tropical nature: NUS study
The findings of this first-ever study showed that the majority of tropical countries incur huge net economic losses amounting to US$1.7 trillion each year. Topping the list are countries such as Brazil, Thailand, India, Vietnam and Indonesia, where large areas of land are used for producing timber, crops and livestock for export.
NATIONAL UNIVERSITY OF SINGAPORE
Rockefellers Dump Exxon Over Climate Deceptions
TELL GOP, "EVEN BIG OIL CONFIRMS CLIMATE CHANGE"
Exxon said it now believes the threat of climate change is clear and warrants action.
In response to the divestment movement, many oil industry leaders have said millions of people in the developing world would be condemned to darkness and poverty if society were to halt the burning of fossil fuels before there is ample supply of cleaner energy sources.
Funeral for Bears & Bulls - Enter the Bunny!
Market swings: not a bear or a bull, but a bunny
Some believe US share prices have still not
emerged from the dotcom crash
“The stock market is about fair value now. In reality we’re not very overvalued because rates and inflation are so low. What we could talk about is a bear in hibernation. We would keep valuations high, but in a decade from now we are about where we are now and our returns have been a lot below average.”
Clearly Market Values Now Seeking Greater Fools
S&P Portrays HUGE 40-55% Downside
"To summarize, on the basis of valuation measures we find most strongly correlated with actual subsequent market returns across history, we presently estimate zero nominal total returns for the S&P 500 over the coming 10-12 year period, with negative real returns on both horizons. We expect that the completion of the current market cycle is likely to take the S&P 500 down by about 40-55%, which would not be a worst-case scenario but a historically run-of-the-mill
outcome given present valuations.
Mercury Rapidly Spreads to Land Foods
Dartmouth-led study illuminates pollutant's movement from aquatic to land food webs
You taste like mercury, said the spider to the fly
Wednesday, March 23, 2016
The Warm, the Good, the Bulls and the Ugly
Global Warming: The Future is Happening NOW!
Global warming taking place at an 'alarming rate', UN climate body warns
“The startlingly high temperatures so far in 2016 have sent shockwaves around the climate science community,” said David Carlson, director of the World Climate Research Programme.
Good NEWS: U.S. BIG Solar Sets Stage for HUGE Boom
Big Solar is About to Get Unstoppable
Big solar used to be almost entirely driven by policy, mainly state renewable energy standards and federal tax credits. It has all but outgrown the first and will outgrow the latter over the next five years.
It's about to stand on its own two feet, outcompeting even rivals that are allowed to dump carbon emissions into the atmosphere for free. It won't be long before the discussion about environmental benefits is moot — utilities will demand solar because it's the cheapest power available.
VOX Energy & Environment
Bulls Return to Energy Markets
It was one of the darkest periods of the oil market slump. The global economy was showing fresh signs of slowing, and crude prices were collapsing so steeply that virtually every well in America was unprofitable.
But when Diamondback Energy went out to raise $226 million worth of new stock that week in the middle of January, the oil and gas company found more buyers than it could accommodate. It had to nearly double the amount of shares it sold, to four million.
Since Diamondback issued equity that day, the company’s share price has increased more than 29 percent.
The New York Times
U.S. Existing Home Sales Plunge 7.1%
Sales of existing homes had stayed strong in spite of multiple headwinds, but February’s decline might signal more weakness ahead.
Home resales plummet as high prices and tight inventory dog the market, bringing out more investors and fewer first-timers.
Saudi Aramco, Shell Marriage - Parting is Such Sweet Sorrow
Cash-Strapped Saudi Reshaping Itself
“This partnership made sense when it was formed but things have changed and the market conditions have changed, so it makes sense for this partnership to be dissolved,” Auers said.
" It makes fundamental sense
" It makes fundamental sense
- America Today: The Death of a Middle Class
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