Category: Economy
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Outsourcing problems…
A study has found that China outsouces pollution within its borders, to poorer regions. [1] Logical. We live in the era of outsourcing. You have no responsibilities. You have no problems. You just give them away.
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Cancer flourishing. Capitalism regenerating…
Cancer clinics across the country have begun turning away thousands of Medicare patients, blaming the sequester budget cuts. [1] The economy will some day thrive again. And no one will remember the dead. This is how capitalism "regenerates it self". Forgetting is the key in all human processes. Unfortunately.
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High Frequency Trading, computers, humans...
In markets, as in war and medical research and just about everything else, technology tends to impart an advantage. This is how a single computer program of mysterious origins managed to make up 4 percent of all quote traffic in the U.S. stock market last week while hoarding 10 percent of the bandwidth allowed for trading…
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The 90% to the 1% - Logical and fair...
90% of the world's anti-depression medications is consumed by 1% of the world's population... Oups. My bad. I wanted to say that the 90% of the world's wealth is owned by 1% of the world's population... Wait a minute... Isn't that the same? 🙂 😛 😉
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UK, sports budget, fallacies...
UK has cut off the budget for sports that do not have good chance of qualifying to the Rio Olympic Games. [1] But how can one know that? And how can a sportsman actually try to qualify if he gets no funding? Isn't that a self-fullfilling prophecy? Or a vicious circle? Sometimes our society should…
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