Daily Digest

Image by nicksarebi, Flickr Creative Commons

Daily Digest 6/22 - Clean Water For Millions, Why Argentina Should Default Again

Sunday, June 22, 2014, 10:48 AM

Economy

Why Argentina Should Default ... Again (jdargis)

They argue over how climate change and impending civil war in Iraq will (or won't) affect the oil market. And they explain the implications of the Supreme Court’s decision about what Argentina still owes hedge funds, 13 years after default.

New Offering for Job Seekers: Fewer Embarrassing Social Media Photos (jdargis)

Two other companies say they can search your social media accounts for things that might raise red flags when you’re hunting for a job. SimpleWash scans your Facebook and Twitter accounts for keywords that might point to objectionable material. You can search for terms on their “Undesirable content” list (or use keywords of your own devising) to find things you’ve said that you might regret, resulting in what the service promises will be “a newer, cleaner you,” at least online.

A Second Career, Happily in the Weeds (Nervous Nelly)

But money is not his primary motivation. Mr. Noble waited much of his life to realize his cowboy dreams. “When I was younger,” he said, “I never wanted to work inside at a desk,” so, of course, he said, he spent “30 years working inside, at a desk.”

Doug Casey: Greatest Theft in World History Occurring Right Now (Herman J.)

“I’ve long said that the IMF and World Bank were just welfare programs for poor people in rich countries to rich people in poor countries.”

Global Stocks Rise for Week to Records Amid Fed Support (jdargis)

The MSCI All-Country World Index jumped 1 percent for the five days, reaching a record close on June 19. The Standard & Poor’s 500 Index increased 1.4 percent to 1,962.87 and the Dow Jones Industrial Average gained 171.34 points, or 1 percent, to 16,947.08. Both gauges ended at records. The Nasdaq Composite added 1.3 percent to the highest level in 14 years. Canada’s S&P/TSX Index climbed 0.7 percent, closing at an all-time high on June 19, as energy and raw-material shares rallied.

Worrisome Growth Pattern (Arthur Robey)

“What we find in this paper is an increase in the growing season of forests in the eastern U.S. due to recent climate change,” Keenan said. “This has been beneficial for forests in the past, but we do not expect the response to continue unchecked in the future. It must also be kept in mind that this positive effect of warming is but one amid a barrage of detrimental impacts of climate change on the Earth’s ecosystems.”

Teens Create A Way To Use Urine As Fuel (Wendy SD, article from 2012)

Four teenage girls figured out a way to use a liter of urine as fuel for generating six hours of electricity. Fourteen-year-olds Duro-Aina Adebola, Akindele Abiola, and Faleke Oluwatoyin, and 15-year-old Bello Eniola displayed their invention this week at Maker Faire Africa in Lagos, Nigeria, an annual event meant to showcase ingenuity.

Pure Genius: How Dean Kamen's Invention Could Bring Clean Water To Millions (Wendy SD)

Using a process called vapor compression distillation, a single Slingshot can purify more than 250,000 liters of water per year, enough to satisfy the needs of about 300 people. And it can do so with any water source—sewage, seawater, chemical waste—no matter how dirty.

Gold & Silver

Click to read the PM Daily Market Commentary: 6/20/14

Provided daily by the Peak Prosperity Gold & Silver Group

Article suggestions for the Daily Digest can be sent to [email protected]. All suggestions are filtered by the Daily Digest team and preference is given to those that are in alignment with the message of the Crash Course and the "3 Es."

Login or Register to post comments