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Just days after we reported that in the mad dash by virtually every American city to become Amazon's second headquarters, in which some such as New Jersey offered as much as $7 billion in state and city tax credits, today Amazon announced that that it has received 238 proposals from "cities and regions in 54 states, provinces, districts and territories around North America" who want to host the company's second headquarters, also known as HQ2.

Via Knowledge@Wharton,

Author Franklin Foer reflects on the dangers of losing ourselves in a society dependent on a handful of tech firms. 

Authored by Charles Hugh Smith via OfTwoMinds blog,

I predict the current investigations will widen and take a variety of twists and turns that surprise all those anticipating a tidy, narrowly focused denouement.

The theme this week is The Rot Within.

Authored by Charles Hugh Smith via OfTwoMinds blog,

Here's a chart of our fabulous always-higher GDP, adjusted for another bogus metric, official inflation.

The theme this week is The Rot Within.

Authored by Charles Hugh Smith via OfTwoMinds blog,

The rot within manifested by the pharmaceutical industry almost defies description.

The theme this week is The Rot Within.

America's Pharmaceutical industry takes pride of place in this week's theme of The Rot Within, as the industry has raised fraud, exploitation and collusion to systemic perfection.