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    Daily Digest 11/14 – Worries About Biomedical “Big Brother,” How To Save Humanity

    by DailyDigest

    Tuesday, November 14, 2017, 3:18 PM

Economy

How To Save Humanity: 15,000 Scientists Urge Action Before ‘Mass Human Misery’ Takes Over (Adam)

The open letter, signed by 15,364 scientists from 184 countries, was published on Monday in BioScience. The massive group of scientists, led by William J. Ripple of Oregon State University, is pleading for humans to cut greenhouse gas emissions, phase out fossil fuels, reduce deforestation, and reverse the trend of collapsing biodiversity.

“Soon it will be too late to shift course away from our failing trajectory, and time is running out,” the authors concluded. “We must recognize, in our day-to-day lives and in our governing institutions, that Earth with all its life is our only home.”

Broke And Desperate, Part 1: Chicago Pawns A Crown Jewel (thc0655)

Since Detroit’s bankruptcy four years ago, investors in the $3.8 trillion municipal market have given greater scrutiny to securities backed by a government’s good word instead of a secure revenue stream. When that city emerged from court, holders of “limited” general-obligation bonds received 42 cents on the dollar for their investments, compared with 100 cents for owners of Detroit’s water and sewer debt.

Ray Dalio Goes On Gold Buying Spree, Adds 575% To GLD Holdings, Becomes 8th Largest Holder (Adam)

And that’s also what he did, because in the third quarter Bridgewater was very busy buying gold: in fact, according to the just released 13F, after $3.8BN and $2.9BN positions in EM ETFs VWO and EEM, as well as a $1.3BN position in the SPY ETF, Bridgewater’s 4th largest position as of September 30 was GLD, with 3.894 million shares, worth $473 million. In other words, in Q3, Ray Dalio went on a gold buying spree, increasing his GLD holdings by a whopping 575%.

First Digital Pill Approved to Worries About Biomedical ‘Big Brother’ (VeganDB12)

Experts estimate that so-called nonadherence or noncompliance to medication costs about $100 billion a year, much of it because patients get sicker and need additional treatment or hospitalization.

“When patients don’t adhere to lifestyle or medications that are prescribed for them, there are really substantive consequences that are bad for the patient and very costly,” said Dr. William Shrank, chief medical officer of the health plan division at the University of Pittsburgh Medical Center.

Bitcoin Has a Massive Problem (Tiffany D.)

To try to reduce the size of the bitcoin block and speed things up, a majority of the world’s bitcoin miners voted to adopt a technology known as a segregated witness, called SegWit2x. SegWit2x reduces the data in each block by removing some of it from the current block and moving it to an extended block that isn’t verified every time.

But moving some data out of new data blocks potentially makes bitcoin less secure. Unless every bit of data is verified every time a block is mined and transactions are processed, it may be possible to forge or otherwise alter the data trail. That would make bitcoin useless.

Fewer International Students Are Coming To The U.S. (tmn)

While an IIE report earlier this year found no change in the rate at which international students accepted offers of admission, it found high levels of anxiety among students from India and the Middle East, who feared whether they would be able to secure visas and worried for their physical safety. And many colleges told IIE they worried that students who accepted their offers of admission might not actually show up on campus in the fall.

A Wide-Open Door for Pesticide Lobbyists at the Agriculture Department (jdargis)

In fact, interviews and visitor logs at the Agriculture Department showed that Adcock had already been meeting with lobbyists, including those from her former employer, the pesticide industry’s main trade group, CropLife America, and its members. CropLife pushes the agenda of pesticide makers in Washington, including easing rules related to safety standards and clean water.

Scientists Shocked As Fisheries Collapse On West Coast: ‘It’s The Worst We’ve Seen” (Adam, thc0655, drbost)

Barbeaux says the warm water, which has spread to depths of more than 1,000 feet, hit the cod like a kind of a double-whammy. Higher temperatures sped up the rate at which young cod burned calories while reducing the food available for the cod to consume. And many are blaming “climate change” for the effects on the fish, although scientists aren’t directly correlating the two events. “They get weak and die or get eaten by something else,” said Barbeaux, who in October presented preliminary survey findings to scientists and industry officials at an Anchorage meeting of the North Pacific Fishery Management Council.

Gold & Silver

Click to read the PM Daily Market Commentary: 11/13/17

Provided daily by the Peak Prosperity Gold & Silver Group

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