Daily Digest

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Daily Digest 9/2 - When Labor Day Meant Something, 'Limits To Growth' Was Right

Tuesday, September 2, 2014, 11:30 AM

Economy

Limits to Growth was right. New research shows we're nearing collapse (HughK)

The 1972 book Limits to Growth, which predicted our civilisation would probably collapse some time this century, has been criticised as doomsday fantasy since it was published.

Research from the University of Melbourne has found the book’s forecasts are accurate, 40 years on. If we continue to track in line with the book’s scenario, expect the early stages of global collapse to start appearing soon.

When Labor Day Meant Something (jdargis)

Labor Day, though, was meant to honor not just the individual worker, but what workers accomplish together through activism and organizing. Indeed, Labor Day in the 1880s, its first decade, was in many cities more like a general strike—often with the waving red flag of socialism and radical speakers critiquing capitalism—than a leisurely day off. So to really talk about this holiday, we have to talk about those-which-must-not-be-named: unions and the labor movement.

Childhood Diet Habits Set in Infancy, Studies Suggest (jdargis)

As it turns out, “when infants had infrequent consumption of fruits and vegetables, they also had infrequent consumption at 6,” said Kelley Scanlon, an epidemiologist at the C.D.C. and the senior author of a few of the new studies.

Dr. Scanlon and her colleagues suggested that it is best to interest children in fruits and vegetables by late infancy — roughly between 10 and 12 months old.

Tabloid Version of Financial and Political News (GE Christenson)

What if tabloids reported financial and political news?

Coalgate: India urges supreme court not to close coal mines (Alan W.)

The court must balance the need to take appropriately harsh action against endemic corruption – which government auditors estimated has cost the country $31bn (£19bn) – with the damage a wholesale shutdown of private mining operations could cause to the flagging coal sector. Coal supplies two-thirds of the country’s power and the sector is struggling with crippling shortages. Commentators have warned that a total revocation could set India’s economic growth back by up to a year.

Return to the Arctic: Shell Looks Set To Take Another Run (James S.)

Shell could be returning to the Arctic after a two-year hiatus. The company submitted a drilling plan to the U.S. Department of Interior on Aug. 28, which suggests it is considering returning to the icy waters in the far north to look for oil. While no final decision has been made, Shell’s submission puts the company on track to drill in the summer of 2015.

Mexico baffled by sudden death of thousands of fish in Lake Cajititlán (Alan W.)

Victor Hugo Ornelas, a reporter from the Tlajomulco-based newspaper La Verdad, said it also appeared that fertilisers washed into the lake from surrounding cornfields during the rainy season could be a significant factor. The fertilisers appear to fuel the growth of algae near the surface, where the popoche chub swim.

"It is obvious that there are many sources of pollution around the lake," Ornelas said. "Fertiliser runoff in a particularly heavy rainy season could be the straw that is breaking the camel's back."

More than one in three wild boar in Germany are too radioactive to eat (jdargis)

It's thought that boar are more susceptible to radiation contamination because their diet consists of mushrooms and truffles that are buried in the ground and hold radiation longer than other vegetation. As a result of the contaminated meat, the German government has paid out thousands of euros in compensation to hunters, which have to destroy anything that tests as unsafe and cannot sell it for profit.

Even though it has been 28 years since the Chernobyl disaster, The Telegraph points out that experts say the radiation could be around in unsafe levels for another 50 years.

Gold & Silver

Click to read the PM Daily Market Commentary: 8/29/14

Provided daily by the Peak Prosperity Gold & Silver Group

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2 Comments

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
Joined: Jul 30 2009
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KugsCheese's picture
KugsCheese
Status: Diamond Member (Offline)
Joined: Jan 2 2010
Posts: 1449
Helicopter Money Drop

What other choice is there but to do a helicopter drop of money now?   The nation state debt crisis is about to hit again.  Japan will lead the way.   I laugh at all the talk of stopping "austerity" since total debt has increased since 2008.

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