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Archive for the ‘economics’ Category


The stock market is luvin’ McDonalds stock, which has continued its recent relentless rise to all time highs, up 26% YTD, oblivious to the carnage among the broader restaurant and fast-food sector. There is a reason for Wall Street’s euphoria: the same one we discussed in January in “Dear Bernie, Meet the “Big Mac ATM” That Will Replace All Of Your $15 Per Hour Fast Food Workers.”

In a report released this week by Cowen’s Andrew Charles, the analyst calculates the jump in sales as a result of the company’s new Experience of the Future strategy which anticipates that digital ordering kiosks (shown above) will replace cashiers in at least 2,500 restaurants by the end of 2017 and another 3,000 over 2018. Cowen also cited plans for the restaurant chain to roll out mobile ordering across 14,000 U.S. locations by the end of 2017 (we did not show that particular math, but the logic was similarly compelling).

SOURCE

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‘A member of the U.S. Environmental Protection Agency recently informed the public that radioactive waste from the decommissioned Hanford nuclear power plant is ‘flowing freely’ into the Columbia river.

The mighty Columbia river is the largest river in the Pacific Northwest region of America, flowing down from Canada, winding through eastern Washington state and along the border between Oregon, ultimately moving through downtown Portland and into the Pacific. The Hanford site, located near Kennewick, WA is up river from a million or so people, not to mention the wildlife.’

Read More: Radioactive Waste Flowing Freely into Columbia River Because There’s No Money to Stop It

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Finding Apple connectivity accessories for iPhone, iPad, Mac’s and more? PrimeCables.com carries Thunderbolt Cables, Lightning Cables, Display port Cables and 30Pin Apple Cables.

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America divided – this concept increasingly graces political discourse in the U.S., pitting left against right, conservative thought against the liberal agenda. But for decades, Americans have been rearranging along another divide, one just as stark if not far more significant – a chasm once bridged by a flourishing middle class.

“Collapse” by Erica Woodson

 

Peter Temin, Professor Emeritus of Economics at MIT, believes the ongoing death of “middle America” has sparked the emergence of two countries within one, the hallmark of developing nations. In his new book, The Vanishing Middle Class: Prejudice and Power in a Dual Economy, Temin paints a bleak picture where one country has a bounty of resources and power, and the other toils day after day with minimal access to the long-coveted American dream.

MORE HERE

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For more informative videos and free information visit http:drmcdougall.com
Peter C. Gøtzsche, MD is a Danish medical researcher, and leader of the Nordic Cochrane Center at Rigshospitalet in Copenhagen, Denmark. He has written numerous reviews within the Cochrane collaboration.
Dr.Gøtzsche has been critical of screening for breast cancer using mammography, arguing that it cannot be justified; His critique stems from a meta-analysis he did on mammography screening studies and published as Is screening for breast cancer with mammography justifiable? in The Lancet in 2000. In it he discarded 6 out of 8 studies arguing their randomization was inadequate.

In 2006 a paper by Gøtzsche on mammography screening was electronically published in the European Journal of Cancer ahead of print. The journal later removed the paper completely from the journal website without any formal retraction. The paper was later published in Danish Medical Bulletin with a short note from the editor, and Gøtzsche and his coauthors commented on the unilateral retraction that the authors were not involved in.

In 2012 his book Mammography Screening: Truth, Lies and Controversy was published. In 2013 his book Deadly Medicines and Organized Crime: How Big Pharma has Corrupted Healthcare was published. http://www.cochrane.org/

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The Truth About Factory Farms

The mass production of America’s food comes with a hefty price. Find out the environmental, animal, and human impact of raising over 99 percent of US farm animals in factory farms in this infographic, “The Truth About Factory Farms.” Use the embed code to share it on your website or visit our infographic page for the high-res version.

<img src="http://media.mercola.com/assets/images/infographic/truth-about-factory-farms.jpg" alt="The Truth About Factory Farms" border="0" style="max-width:100%; min-width:300px; margin: 0 auto 20px auto; display:block;"><p style="max-width:800px; min-width:300px; margin:0 auto; text-align:center;">The mass production of America's food comes with a hefty price. Find out the environmental, animal, and human impact of raising over 99 percent of US farm animals in factory farms in this infographic,"<a href="http://www.mercola.com/infographics/truth-about-factory-farms.htm">The Truth About Factory Farms.</a>" Visit our infographic page for the high-res version.</p>

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In this video, Vin Armani talks with Swarm City contributor Matthew Carano about how they’re building a platform to decentralize everything. They set out to create a decentralized ride-sharing company after their town banned Uber and the project turned into so much more.

Find out how it works below:

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Two months ago, when quoting the CEO of cell phone insurer Assurant, who appeared on Bloomberg TV to discuss business trends, one of his quotes caught our attention: “the reality is, half of Americans can’t afford to write a $500 check,” Colberg said. We decided to look into the CEO’s claim about the woeful state of US finances. What we found is that according to a recent Bankrate survey of 1,000 adults, 57% of Americans don’t have enough cash to cover a mere $500 unexpected expense. Turns out the CEO was right. And while that may appear dire, it is a slight improvement from 2016, when 63% of U.S. residents said they wouldn’t be able to handle such an expense.

The Bankrate survey findings echoed research published last year by the Federal Reserve, which found that 46% of respondents said they would be challenged to come up with even less, or $400, to cover an emergency expense, and would likely borrow or sell something to afford it. When the Fed asked what types of emergency expenses Americans had actually faced in the last year, more than one out of five cited a major unexpected medical expense. The average expense: $2,782, or almost seven times higher than the Fed’s hypothetical $400 surprise bill.

How does this stunning statistic compare to some other developed nations?

MORE HERE

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05/05/2017

Ever since the US government began to sink its claws into the medical industry a good 50 or so years ago, attempts at reducing costs have failed again and again. This is par for the course whenever government invades an industry.

Trying to reform this Frankenstein with either Obamacare, or Trumpcare, will solve nothing.

The problem is structural. Tinkering with this or that will just waste more time.

MORE HERE

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The steady rise of online retail sales should have surprised no one. As Visual Capitalist’s Jeff Desjardins notes, back in 2000, less than 1% of retail sales came from e-commerce. However, online sales have climbed each and every year since then, even through the Great Recession. By 2009, e-commerce made up about 4.0% of total retail sales, and today the latest number we have is 8.3%.

Here’s another knowledge bomb: it’s going to keep growing for the foreseeable future. Huge surprise, right?

more here

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By now, nearly everyone knows multiple government officials in Michigan knowingly poisoned thousands of men, women, and children after the city switched its municipal water source from the Detroit water system to the Flint River. Now, however, as if poisoning residents and their children weren’t enough, the city of Flint is threatening to take people’s homes for refusing to pay for the tainted water.

Although Flint — which blew wide open a year ago — is largely out of the headlines, the crisis is still unfolding. Residents are still unable to drink the water, leaving most families to rely on bottled water for everything from brushing their teeth to cooking and bathing.

In spite of multiple officials facing criminal charges, there hasn’t been a single conviction. The only people to face any consequences thus far over the atrocity in Flint are the citizens who are forced to pay for unusable water.’

Read more: Flint Threatens To Kick 8,000 Families Out Of Their Homes If They Don’t Pay For Poison Water

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Well, it’s been a little over four days since thousands of attendees at an ill fated music festival in the Bahamas were left to fend for themselves in a Millennial’s worst nightmare of dying cell phonescardboard sandwiches, burning tents, roving bands of thievesferal dogs, and worst of all – anarchy at the bar.  Advertised as having “first-class culinary experiences and a luxury atmosphere,” things like the “Private Luxury Villas” turned out to be nothing more than USAID disaster relief tents:

MORE HERE

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