With its people resorting to eating flamingoes, the Venezuelan government has decided to find yet another thing to blame for the collapse of the socialist utopia - the bakers!
As The BBC reports, the Venezuelan government says it will expropriate bakeries which fail to abide by new government regulations aimed at tackling bread shortages.
Growing up in a dominant Italian household, with pasta served every god damned night, I never bonded with my Irish side. My Father had died when I was 4, so I never got to know him or his side of the family. It was only when I got older did I begin to embrace my Irish side -- especially on St. Paddy's Day -- a day designated for everyone to embrace the Irish culture. It might bemuse you to learn that I regale myself in all of the traditional accouterments -- a full blown leprechaun trotting around in green garb, with dastardly designs at becoming as drunk as humanly possible.
A new study reveals that 50% of the chicken contained in a Subway oven-roasted patty is made from non-chicken ‘alien’ DNA. According to researchers in Canada, a DNA test revealed that only half of Subway’s chicken actually contained real chicken. CBS Los Angeles reports: The results showed the Oven Roasted Chicken patties averaged 53.6 percent chicken DNA while the Sweet Onion Chicken Teriyaki strips came in at 42.8 percent.
By EconMatters
We discuss the valuation question in this video, and Warren Buffet`s assertion that stocks are not in a bubble. Warren didn`t you say to buy when there is Blood in the Streets? Warren Buffet says a lot of contradictory things, take everything he says with a massive grain of Salt. Nobody, professional or amateur investor should be buying stocks at these bubble levels, period!
Submitted by Wolf Richter of WolfStreet.com
“Flat sales” are now a “welcome change.” The New Normal.
National restaurant data and anecdotal evidence has been piling up. “T Vogel,” a commenter on WOLF STREET, put it this way:
My wife and I make almost 30k more than the median family income in my town (northern CA) with no kids. Our rent just went up by 1k a month – landlord selling – starter houses are selling at 500k.
We are not spending a dime more than needed. I plan to skip our weekly night eating out now.