Sleep On It: The US Director of National Intelligence says that “,”water demand . . . set to outstrip sustainable current supplies by 40% by 2030.” Water wars are inevitable “as thirsty people, opportunistic politicians and powerful corporations battle for dwindling resources.”
Liquidity: The total corporate bond holdings of US broker-dealers at the end of August was $58.5 billion. The all-time high back in October 2007 was $268 billion. The broker-dealers no longer have the wherewithal to broker deals.
The Goal: “to become more competitive globally and preserve the welfare state “without taking up more and more debt.” Angela Merkel
Gobbleization: The world's tuna stocks have reached, and passed, their sustainability limits. While 5 of the 8 species are threatened with extinction, there are no comprehensive science-based limits, nor global agreements to stop before they are all gone. Current “partial quotas” are a cosmetic joke behind which fishery industries continue their assaults.
Poverty, here and there, before and after: On average, the OECD countries (less the US) have the same general poverty rate as the US, before government social safety-net transfers. After the social program transfers, the US poverty rate is 17.1%, and the rest of the OECD reduce their poverty rate to an average 9.8%. We're number one!