Yesterday on CNBC, Mark Spitznagel, chief investment officer for fund manager Universa Investments L.P., made a scary prediction. He warned that the S&P 500 could lose 40% of its value in the next couple of years. He went on to point out several facts and figures that led to this prediction. He specifically said, "there […]
Tigers fascinating creatures
Tigers are found only in Asia. There were 1000,000 tigers at the start of the 20th century. But their numbers dwindled tremendously because they ere hunted for sport. Today, there are as few as, 5,000 tigers left in the world. There are eight different tiger species. Three of them, the Balinese, the Javan, and […]
The Phantom Growth of China’s Ghost Cities
Bloomberg has a new video series out called "China’s Ghost Cities." (You can watch the first segment here on YouTube). The reporter, Adam Johnson, describes how the Chinese government is building massive cities that no one lives in yet. The expectation is that China is going to "grow" into these cities. A remarkable […]
Bug Forecast 2011: Don’t Get Bugged Out
Termites, ants and other pests thrive in moist conditions, and they’re expected to be especially prevalent across America this spring. Just how bad your pest problem will be this spring depends on several factors, including the region where you live and your most recent weather. To help potential insect victims, Dr. Bob Davis, Entomologist and […]
In China, Recent Scandals Show Ongoing Battle for Food Safety
Written by Marta Cooper , Global Voices A slew of food scandals have occurred in China in recent weeks, highlighting the country’s ongoing challenge with maintaining levels of food safety. Most recently, a report on broadcaster CCTV2 revealed that a Shanghai producer of steamed buns (mantou) used contained dye and excessive amounts of artificial sweetener in […]
Inflation Versus Hyperinflation – The Crucial Difference
"Hyperinflation." You’ve heard the word. You may have talked about it on the golf course or at the dinner table. (Or even in the grocery store.) There is a difference, though, between inflation and hyperinflation. They are not the same thing. And for the most part, there is no gradual path from one to the […]
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