Daily Digest

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Daily Digest 6/23 - A Simple Path To Empowerment, 1/4 Of India's Land Is Turning Into Desert

Monday, June 23, 2014, 9:57 AM

Economy

A quarter of India's land is turning into desert - minister (jdargis)

Land degradation - largely defined as loss of productivity - is estimated at 105 million hectares, constituting 32 percent of the total land.

According to the Indian Space Research Organisation that prepared a report on desertification in 2007, about 69 percent of land in the country is dry, making it vulnerable to water and wind erosion, salinization and water logging.

The Best- and Worst-Paid Jobs in America—in 1 Ludicrously Long Chart (jdargis)

Although the richest occupations tracked by the Bureau are basically all doctors, the landscape of wealth changes when you zoom in on the richest 0.1 percent of the country, which is heavy with chief executives and financiers. Click the pic to enlarge.

A Simple Path To Empowerment (Eric G.)

Our identities are our single most valuable asset. They define who we are and who we can become. They define how we relate to others, including how we relate to authority figures and how we relate to those who depend on us to keep them clothed, fed, or otherwise safe. To assert control over our identity is to embody the fullness of our power in the world. To relinquish this control is to forfeit any meaningful sense of agency in our lives. Over the last several decades millions of people the world over have had their identities stealthily co-opted, turning them into engines of economic growth that allow for the concentration of wealth into the hands of a very few. Wouldn’t it be amazing to see people reclaim their agency, reclaim their identities? I think it would be. Indeed, I think it would be simply revolutionary.

Russian aircraft buzz US Navy destroyer: How big a deal? (Woomera)

During the cold war, these sorts of flybys “happened all the time,” says Christopher Harmer, a retired Navy officer who served as deputy director of future operations for the US Navy’s Fifth Fleet.

In fact, these kinds of incidents happen more often than ever makes it into the press, says Mr. Harmer, now a senior naval analyst with the Institute for the Study of War in Washington.

Iraq a minor bump on the road to an inevitable oil price surge (Northernlights)

Since 2008, U.S. hydrocarbon production has grown 60 per cent or three million barrels a day to more than eight million barrels. No wonder the oil markets barely budged when the 2011 Libyan revolution and civil war removed more than one million barrels a day of Libyan exports. Those exports are still missing. A million vanished barrels here, a million there didn’t seem to matter to the global oil markets because of the production cushion.

Why What You Know About The Global Energy Game Is Wrong (James S.)

U.S. oil production will beat output from the Middle East for the rest of the decade. And while that gives the United States some leverage on the international stage, at least one prominent global analyst thinks it's wrong to assume oil could be used as a foreign policy tool. The U.S. Energy Information Administration (EIA) said domestic oil production for the week ending June 13 averaged 8.47 million barrels per day, up 17,000 bpd from the previous week and 18 percent higher year-on-year.

Goats In The City? Making A Case For Detroit's Munching Mowers (Wendy SD)

As more urban folk strive to produce their own food, gardens both large and small are popping up everywhere. And while it's not unheard of for city dwellers to keep bees and even , only a brave few have been willing to try their hand at goats. Like hedge fund manager Mark Spitznagel, who recently tried to revitalize Detroit's Brightmoor neighborhood with a herd of 18 baby goats.

Groups Appeal to UN for 'Humanity' as Detroit Shuts Off Water to Thousands (Amanda)

Emergency Manager Kevyn Orr, who was appointed to power by Michigan Governor Rick Snyder in March 2013, has aggressively pursued privatization and austerity measures across the city. "Nothing is off the chopping block, including water utilities, which are being considered for regionalization, sale, lease, and/or public private partnership and are currently subject to mediation by a federal district judge," reads the report.

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."

5 Comments

saxplayer00o1's picture
saxplayer00o1
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AaronMcKeon's picture
AaronMcKeon
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The Best- and Worst-Paid Jobs in America—in 1 Ludicrously Long C

FYI: This link isn't pulling up the article.  Rather, it's redirecting back to the Daily Digest page.

KugsCheese's picture
KugsCheese
Status: Diamond Member (Offline)
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Posts: 1449
Re: Why inflationary pressures are building across the globe

More room on the credit card???

cmartenson's picture
cmartenson
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Posts: 5754
Thanks - Link fixed
bostonJumper wrote:

FYI: This link isn't pulling up the article.  Rather, it's redirecting back to the Daily Digest page.

Thanks.  Link has been fixed.  Was missing part of the URL....

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
Joined: Jul 30 2009
Posts: 4169

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