We Are All Going to Die From Coastal Flooding*
* Those having net worths of $10MM or more need not read.
via Soren K Group and Marketslant
The opinion piece at bottom is by Dr. Joe Romm, a Founding Editor of Climate Progress, “the indispensable blog,” as NY Times columnist Tom Friedman describes it. We thoroughly enjoyed reading it. And as writers with trading DNA we wanted to know where the trade was.
For months now we've been warning that the great auto 'plateau' is nothing more than a debt-fueled bubble, courtesy of the Fed, that is on the verge of collapse. Of course, bubbles typically get exposed when customer sell-through starts to slow but OEM's go on believing that 10% volume growth is possible in perpetuity...that usually results in inventory growth that looks something like this:
Authored by Julia Belluz via Vox.com,
In 2015, a blockbuster study came to a surprising conclusion: Middle-aged white Americans are dying younger for the first time in decades, despite positive life expectancy trends in other wealthy countries and other segments of the US population.
The research, by Princeton University’s Anne Case and Angus Deaton, highlighted the links between economic struggles, suicides, and alcohol and drug overdoses.
The news, even the 'fake news' and 'alternative news' has been reduced to the bottom of the Maslow pyramid, personalizing things while dismantling the small amount of journalistic integrity that existed. The only next lower step is name calling "you are stupid-head, poopy face" or throwing food. Liberals are angry that Trump won, Trump supporters are angry that liberals are so angry, blacks are angry because one of their own is out; women are angry because a "Man" is President, what's next?
While shortages of basic foods, medicines, and toilet paper may be a major societal problem, the people of Venezuela face an even more existential problem: the nation now lacks the materials to meet the soaring demand for new passports – making it almost impossible to leave the socialist utopia.
"People used to move to Venezuela from all over the Americas, Europe and Asia and now they are all trying to leave," Sonia Schott, the former Washington, D.C., correspondent for Venezuelan news network Globovisión, told Fox News.