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No Cheap Production in China Soon

Nipping at the heals of our previous post, here is the next doom scenario for China: due to a raise in the minimum wage which is mandatory for 2020, China is no longer the cheapest labor supplier. Seems the other Asian countries are benefitting from this with increased manufacturing in Vietnam, Cambodia, and Myanmar, to name a few.  Check your labels accordingly.  



China Slowing Down

Hmm, looks like some bad news for China. Looking at the data, it would appear that China will not be overtaking the US as the world's next global super power til next century.  You're welcome to check the math, but if all things remain constant, then the US will still be number one for quite a while. Or it'll all crash tomorrow. That's what is so fun living today.  

Less Employed Now than 3 Years Ago

So goes the claim from the internet constant doom propagandist "the Economic Collapse" blog. Although, it isn't too hard to fathom that there are less workers now than previously. The only reason the unemployment number has gone down is due to shady accounting for people who dropped off the rosters altogether.  

The Study for Happiness

We found this article worth repeating, especially in these days; a 75 year study that cost over 20 million dollars and resulted in some answers as to where happiness lies. Many of the points you could say, "well duh," but now you have science to back up that claim as well. Oh, and alcohol and cigarettes are bad for marriage.  



Future Milk to Contain Aspartame

The two largest milk producers in the US are petitioning the FDA to allow aspartame to be added into the milk supply. Citing a claim that it will help reduce obesity in the overall population, although apparenlty they already add HFCS. Who knew, right? Frankly, just one more reason to look for organic milk henceforth. Cost be damned.  

Saxo Bank CEO: Euro is doomed.

Of course, the Euro should have collapsed years ago, had it not been for the huge influx of US dollars to keep it alive. Now we have the CEO of the Saxo European bank exclaiming that the fate of the Euro is doomed. Well, better late than never, but even still, when the Euro fails, it'll have a major impact on the world as a whole. It will not be good, either.  

Big Investors Starting to Flee Markets

So we barely scraped the 14,000 market for the Stock market, and now news is surfacing (from alternative media) that the big investors are quietly withdrawing from the markets. And not surprisingly, this seems to be mirroring a certain other market of 2008, before it fell 60% down to mid-6,000 range.  What is that old saying about history repeating itself?  

Financial Doom for 2013?

Sure, sure, we've posted these sorts of things regarding the US economy before - and the reason is that the math is impossible for the economy to recover. And so here is yet another economic doom related article for you to peruse at your leisure. Still, most of the big players are predicting a 100% recession for 2013.  

ATF Botches another Sting Operation

Hello Milwaukee, Wisconsin. Guess what fellow citizens, your unfriendly ATF agents have made life worse for you. This time they set up shop, bought drugs and guns, and then got it stolen through various break-ins. So much for getting guns and drugs off the street. The ATF has such a good reputation these days! Fast and Furious, now this...  


BP Discredits Peak Oil

The Russians say oil is abiotic, meaning, not from biological means. Meanwhile, the US says it is repurposed dinosaur remains. Either way, BP released a report stating that we're not seeing our peak oil yet and that in a little over a decade, the US will be self-sufficient with oil. Well good, maybe we can finally dissolve the Department of Energy after that.  

The CPI is a Fraud

Apparently Paul Krugman made the egregious mistake of calling out Peter Schiff; the latter being a huge name in the investment world and the former a White House stooge - to put it nicely. Peter Schiff has since written up a very nice article explaining why the Consumer Price Index is a fraud tracking data point. In other words, inflation is up, and Paul Krugman is still an idiot.  

Food Shortage by April, 2013

This was actually published in 2011, but at that point it wasn't so relevant (being over a year out for predictions). The "complexity theorists" has posted an article that says the world population is essentially doomed come April. And they provide graphs to give us a visualization of our doomed-ness. So, this is a cordial warning based on science. Three months before you're starving.  



Copulate to Populate

Seems we're hitting a nadir on the ol' population growth chart for the USA. In fact, we're tied with the all-time low set during the last Great Depression levels, 80 some-odd years ago. Now this is not an invitation to be more cavalier with your procreating, but uh, someone's gotta help out the home team.  


Spain Beyond Saving

The other day we mentioned that Spain is barely above junk status in credit/bond ratings. Well, here's an article proving out point on that claim: Spain is totally 100% beyond saving now. Technically Greece already passed that point, but their GPD is much smaller than Spain's. And sadly, it won't end there either. Worst case scenario; all Euro countries fail.  


China Ups Its Gold Consumption

While our Treasury and Puppet Master Federal Reserve continue to print greenbacks for future toilet paper stock-piling, it would appear that China has caught the gold bug. Or at least that's what Australia has declared with a 900% increase of gold shipments to China this year. Maybe the Yuan will be backed by gold - that would destroy the US dollar and make the Yuan (Reminbi) the new reserve currency, easily.