Surprise rise in US job losses
Source: BBC News
US employers unexpectedly cut 85,000 jobs in December, but the unemployment rate held steady at 10%, official figures have shown. The number of job losses was surprising, particularly after November’s figures had been revised. The US Labor Department had initially estimated that 11,000 jobs were cut in November, but now says that the economy had in fact added 4,000 jobs. Read more
2010 Full of Uncertainty But Economic Knowledge Can Help
The Magnitude Of The Downturn Has Set In
Source: The International Forecaster
Société Générale tells clients how to prepare for potential ‘global collapse’
Source: Telegraph
In a report entitled “Worst-case debt scenario”, the bank’s asset team said state rescue packages over the last year have merely transferred private liabilities onto sagging sovereign shoulders, creating a fresh set of problems.
Overall debt is still far too high in almost all rich economies as a share of GDP (350pc in the US), whether public or private. It must be reduced by the hard slog of “deleveraging”, for years.
“As yet, nobody can say with any certainty whether we have in fact escaped the prospect of a global economic collapse,” said the 68-page report, headed by asset chief Daniel Fermon. It is an exploration of the dangers, not a forecast. Read more
The Dollar Fall And Its Implications
Source: Peter Schiff
For the most part, the value of the dollar is given cursory attention by the financial media. Typically, its movements are assigned an importance on par with much less determinative metrics such as natural gas futures and construction permits. It’s only when major milestones are reached that anyone really takes notice of the dollar. We are living through one of those times.
The great dollar rally of 2008-2009 has come full circle. When the financial crisis exploded in its full ugliness in mid-2008, the dollar, which had steadily declined over the previous four to five years, put in a rally for the record books. By March 2009, as investors across the world sought safety from the financial storm, the index had surged more than 25%. Since then, the dollar has steadily declined to the point where nearly all those gains have vanished. In short, the panic rally has given way to the long term trend.
So, as the dollar index makes fresh 52-week lows on a nearly daily basis, discussion on the greenback is heating up. And while real insight on the topic is hard to find, the debate centers on the battle between two conventional opinions – both of which are wrong.
The first camp, which is generally supportive of government intervention in the economy, argues that dollar’s decline is a positive for both the economy and the stock market. The second camp, which tends to fall on the more conservative end of the political spectrum, views the dollar’s decline as a problem but feels that tough talk and slightly higher interest rates are all that is needed to restore ‘King Dollar’ to its throne. Read more
101 Health Steps- What are the Protein RDA’s?Ref.: http://www.cdc.gov/nutrition/everyone/basics/protein.html Source: Centers for Disease Control and Prevention Adult: 56 Grams of protein each day Note: Growing boys need less at 52 (ages 14-18) 10-35% of daily calories is also recommended to come from protein — Source: WHO (Official Website) Recommended intake for protein (grams/day) in The UK, USA, and […]
- Study links sugary soft drinks to pancreas cancerSource: Reuters – People who drink two or more sweetened soft drinks a week have a much higher risk of pancreatic cancer, an unusual but deadly cancer, researchers reported on Monday. People who drank mostly fruit juice instead of sodas did not have the same risk, the study of 60,000 people in Singapore found. Sugar may be [...] […]
- Food combining and physiologySource: 101healthsteps.com Some of the greats in physiology, including the late Shelton, Pavlov, Tilden, Wiley, McLeod, Howe, Cabot, Stiles, and Mottram just to name a few, have shown us how the digestive system functions and benefits us if given the chance to. Throughout the years, we have leaned that putrefaction, the cause of odorous stool, diarrhea, gas […]
- Eating safely at restaurants as a raw vegan – undercoverSource: 101healthsteps.com Everyone enjoys the pleasures of dining out; did you know that this can be done safely? Some ideas of how to dine out and do it safely are to start by asking some simple questions and changes to regular orders. In contrast to the saying, it just might hurt not to ask. An easy choice when eating [...] […]
- What are the Protein RDA’s?