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Crushing student debt is not only killing dreams, it’s hurting the broader economy. The Consumer Financial Protection Bureau (CFPB) is warning of the “potential domino effects” to the economy of high student debt. A just-released report from the consumer watchdog highlights the ways this debt can deplete savings, limit spending, and shape choices about a graduate’s career path and where to live. “College can open up many opportunities, and we do not [...] Susanne Posel A new level of genetically modified food has been successfully created, as scientists have revealed their calf whose milk can be consumed by lactose intolerant humans, and another genetically engineered cow whose milk contains a synthetic “healthy” fat found in fish. Scientists, assisting the failing mainstream dairy industry, have been trying to create food and other products from livestock that promote good health by genetically modifying the animals [...] Source: Forbes Local debt is the big untold story of the Euro crisis and, if that was not apparent before, it became glaringly so when Catalonia’s President this week told the world his autonomous Catalan Government would struggle to meet its bills at the end of this month. Looked at from afar it might be difficult to interpret what this “local” problem means for Europe and those countries dependent on European consumer markets [...] “…it is strictly impossible for an economy to be moved offshore and for the country with the offshored economy to remain prosperous.”
Offshoring Has Destroyed The U.S. Economy: Nobel Economist … For a decade I have warned that US corporations, pressed by Wall Street and large retailers such as Wal-Mart, to move offshore their production for US consumer markets, were simultaneously moving offshore US GDP, US tax base, US consumer income, and irreplaceable career opportunities for [...] by JR It is not news that many of the millions of jobs added from 1990 to 2008 are “non-tradable” or jobs that don’t produce goods and services that can be exported and, therefore, can’t be produced in locations distant from their markets, i.e., offshored. But research just released from Michael Spence and Sandile Hiatshwayo shows, in fact, that almost all of the incremental employment of 27.3 [...] FEMA Requesting Dehydrated Food for 14 Million People. Why is the Government Stockpiling Survival Food? It really is a small world … especially in the preparedness and survival industries. With a community that prides itself on staying informed, you can’t really keep things secret for long. So it’s no surprise that we were among the first to get wind of some very unsettling news. In fact, it [...] |
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