Daily Digest

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Daily Digest 11/22 - Stop Trying To Save The World, Record High Temps In B.C. Waters

Saturday, November 22, 2014, 11:53 AM

Economy

Stop Trying To Save The World (jdargis)

I came across the PlayPump story in Ken Stern’s With Charity For All, but I could have plucked one from any of the dozen or so “development doesn’t work” best-sellers to come out in the last ten years. In The Idealist—a kind of “where are they now?” for the ideas laid out in Jeffrey Sachs’s The End of Poverty—Nina Munk discovers African villages made squalid by the hopes and checkbooks of Western do-gooders. Esther Duflo and Abhijit Banerjee’s Poor Economics finds dozens of “common sense” development projects—food aid, crop insurance, microfinance—either don’t help poor people or may even make them poorer.

There’s a Giant Contradiction at the Heart of the U.S. Economy (jdargis)

This is the central paradox of the economy as the year nears its end. And the giant question facing the United States going into 2015 is which set of indicators are giving a more accurate view of where things are headed. In one telling, the nation is on track for the strongest year since the recovery began over five years ago; in another, Americans should brace for yet more sluggishness and uncertainty.

Officials Revise Goals on Containing Ebola After Signs of Wider Exposure in Mali (jdargis)

A successful effort to halt Ebola infections in Mali last month, prompted by an infected 2-year-old from Guinea, has now been overshadowed by a second and far more serious source of infection, from an imam who also had come from Guinea. His symptoms had been misdiagnosed as a kidney problem after he traveled to Bamako, the capital, to seek treatment.

The Secret Life Of Passwords (jdargis)

Several years ago I began asking my friends and family to tell me their passwords. I had come to believe that these tiny personalized codes get a bum rap. Yes, I understand why passwords are universally despised: the strains they put on our memory, the endless demand to update them, their sheer number. I hate them, too. But there is more to passwords than their annoyance. In our authorship of them, in the fact that we construct them so that we (and only we) will remember them, they take on secret lives. Many of our passwords are suffused with pathos, mischief, sometimes even poetry. Often they have rich back stories. A motivational mantra, a swipe at the boss, a hidden shrine to a lost love, an inside joke with ourselves, a defining emotional scar — these keepsake passwords, as I came to call them, are like tchotchkes of our inner lives. They derive from anything: Scripture, horoscopes, nicknames, lyrics, book passages. Like a tattoo on a private part of the body, they tend to be intimate, compact and expressive.

Small Business Saturday: Promoting Small Businesses and One Great Big One (bobwise32952)

You'll see lots of ads urging you to shop at a local small business on Small Business Saturday, the day after Black Friday. Can't think of any local small businesses besides restaurants? The Small Business Administration (SBA) can help. On their website, click on the link "find participating small businesses in your area" and you'll be directed to the Shop Small map, where you can search for local small businesses. But what SBA doesn't say is that you'll only find shops that accept the American Express card.

China Needs 1,000 Nuclear Reactors to Fulfill Its Climate Pledge (jdargis)

“China knows that their model, which has done very well up until recent times, has run its course and needs to shift, and they have been talking about this at the highest levels,” said Paul Joffe, senior foreign policy counsel at the Washington, D.C.-based World Resources Institute.

Record North Pacific temperatures threatening B.C. marine species (westcoastjan)

To further complicate the picture, Peterson says an El Niño warm water ocean current should arrive in about a month.

"We'll have what we call a double whammy," he said. "It's already very warm up north, up here. If we get an extra push of super warm water from the tropics, we could possibly have a big disaster on our hands, ecologically speaking."

Half of Americans Think Climate Change Is a Sign of the Apocalypse (jdargis)

This belief is more prevalent in some religious communities than others. White evangelical Protestants, for example, are more likely than any other group to believe that natural disasters are a sign of the end times, and they're least likely to assign some of the blame to climate change (participants were allowed to select both options if they wanted). Black Protestants were close behind white evangelicals in terms of apprehending the apocalypse, but they were also the group most likely to believe in climate change, too. Predictably, the religiously unaffiliated were the least likely to believe superstorms are apocalyptic—but even so, a third of that group said they see signs of the end times in the weather.

Gold & Silver

Click to read the PM Daily Market Commentary: 11/21/14

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."

3 Comments

KennethPollinger's picture
KennethPollinger
Status: Platinum Member (Offline)
Joined: Sep 22 2010
Posts: 654
Putinization of URANIUM

Soooooooo, china needs 1,000 nuclear reactors??  Well, where, praytell, will it get the uranium it needs for this?  Or, even other countries.  See The Colder War: How the Global Energy Trade Slipped from America's Grasp, by Marin Katusa, chp. 9.

This book is highly recommended to our reading, intellectual, geopolitical/eco group.  Zen

Rebuttals, please.

KennethPollinger's picture
KennethPollinger
Status: Platinum Member (Offline)
Joined: Sep 22 2010
Posts: 654
Sooo, The Fed and Regulators GOT it this week

Since serious stuff, no? or NOT?  Well, I offer you some light, easier thinking today for your Sunday pleasure.  Try staying to the end, please.

   
Here is a what appears to be a 
more well-thought-out presentation 
than the one I sent out a few days 
ago about the impending Planet X
aka "Nemesis" event, by Marshall 
Masters, who has devoted several 
years of his life to researching this 
topic. He describes this video as:

"...the best starting place for those 

new to the topic of Planet X, because 
if presents a foundation understanding 
of the topic. It explains the various 
names used to describe these objects 
and offers a comprehensive history of 
the topic dating back to 1781 through 
to the present. For newbies, it is a real 
time saver, because it condenses 
months if not years of personal research 
for most, into a one-hour presentation."
 
 

 

Michael_Rudmin's picture
Michael_Rudmin
Status: Platinum Member (Offline)
Joined: Jun 25 2014
Posts: 854
Does it have to be Uranium? Or just nuclear?

Quite simply, if China were to go with Thorium-Liquid fluoride, 

http://www.timesargus.com/article/20130720/OPINION04/707209975

here in the US, we have over a thousand years' reserve of thorium, largely in the connecticut greenstone belts, IIRC.  

To some extent, this peak oil issue is a non-issue, the moment we decide to let it be a nonissue.  Thing is, that may take some heavy convincing for it to happen, especially with the criminal nature of the human mind (Hamas, ISIS, other islamists, Ferguson, Goldmann-Sachs, the Fed, the US military, Ukraine, Russia, and so on.  You name me a group, and I'm pretty sure you'll find examples at the top of it.)

 

 

 

 

 

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