What is, as best that I’m able to discern, one of the many unintended consequences of years of unconventional monetary policy in Japan.
… or maybe not.
Another diversion from what can be be found in the news today, including a surprising amount of interesting new stuff (e.g., sub solar points and Lahaina Noon).
Of course, the Monty Python gang had some thoughts on this as well..
Whenever life gets you down, Mrs.Brown
And things seem hard or tough
And people are stupid, obnoxious or daft
And you feel that you’ve had quite enough
Just remember that you’re standing on a planet that’s evolving
And revolving at nine hundred miles an hour
That’s orbiting at nineteen miles a second, so it’s reckoned
A sun that is the source of all our power
So remember, when you’re feeling very small and insecure
How amazingly unlikely is your birth
And pray that there’s intelligent life somewhere up in space
‘Cause there’s bugger all down here on Earth
I don’t really know much of anything about presidential candidate Bernie Sanders or his supporters other than what you see on the evening news and the Sunday talk shows, but the cartoon below from Townhall seems to capture this public image pretty well.
Combined with stories like American Teens Refuse to Get Jobs and the now impossible idea of working during the summer to pay for college, it really makes you wonder sometimes.
It’s been an interesting week for obesity news as the Center for Disease Control reported that women in the U.S. cracked the 40 percent threshold for the first time ever (men trail at 35 percent), all part of an epidemic that future historians will no doubt marvel at.
From the CDC’s website, these three charts are kind of interesting – obesity in the U.S. for White, Hispanic, and Black adults. Someone please pass this along to Donald Trump.
Meanwhile, in the U.K., there’s a row about fat and carbs:
It would appear that nutrition experts are as bad as economists – there’s a major problem and they may have been wrong about the root cause for decades.
Pretty funny what Mr. Oliver does to shed light on things like this – how distressed medical debt is bought and sold in the U.S. like a commodity. Of course, there’s a rather dramatic conclusion to the story that you’ll discover toward the end.
We’ve come a long way from such things as debtors’ prison and the like and it’s funny to think that, up until the last 50 years or so, countries would actually pay back all the debt they piled up while fighting wars (that’s why the Revolutionary War came about – the British taxed the colonists to help pay off debts accumulated during the French and Indian War).