Rediscovering How Food Is Grown

by SP I am really enjoying reading Barbara Kingsolver’s story of moving from Tuscon to a rural family farm in Virginia.  Animal Vegetable Miracle.  She is funny and perceptive. She talks about the loss of basic food growing literacy in the American people. … …

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Eurozone Crisis II: Its Here!

by Dave Italian 10 year bond yields screamed up 48 basis points today on prospects of a new election in Italy.  The Italian President (a holdover appointee from the PD) rejected the new LN/M5S finance minister over the weekend, and now the …

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The FANG stocks won’t save you

From Dan Ferris, Editor, Extreme Value: If you believe higher earnings will make stock prices go up, you’re not completely wrong… But the highest earnings growth doesn’t make stocks go up the most. In fact, history shows the S&P 500 Index …

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GREAT MOMENTS IN MEDIA VICTIMHOOD

The Daily Beast Launches a “Your Twitter Followers Hit a Girl” Attack on Elon Musk. Erin Biba is a freelance “science writer.” I put science writer in scare quotes because Biba goes to some lengths to obscure what her credentials are. The …

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How Systems Collapse

by Charles Hugh-Smith This is how systems collapse: faith in the visible surface of abundance reigns supreme, and the fragility of the buffers goes unnoticed. I often discuss systems and systemic collapse, and I’ve drawn up a little diagram to …

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Recession 2020?

via Econbrowser Goldman Sachs (Hatzius et al., May 24): Ongoing rate hikes are likely to tighten financial conditions, at least gradually, and we expect growth to slow to a trend pace through 2019 even with fiscal stimulus still helping. From 2020, …

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