Heckuva week. Wrap it up right with the finest morning train reads in the land:
• Who Would Benefit From a Stock Market Correction? (A Wealth of Common Sense) see also Short Sales Are at Their Highest Level Since the Financial Crisis (Bloomberg)
• Stephen Roach: Why the Stock Meltdown Doesn’t Spell Doom for China. The country’s economy has a very different relationship to equity markets than the West’s do. (Slate)
• Curb Your Malthusiasm (George Monbiot)
• Buying Now More Affordable Than Renting in 66 Percent of U.S. Markets (World Property Journal) see also Share of Americans Behind on Home-Equity Loans Is the Lowest Since 2008 (Real Time Economics)
• Explore the TWA Terminal, a Pristine Time Capsule From 1962 (Curbed)
How a 2c temperature rise will impact USA coastline – searchable by zip code
http://www.climatecentral.org/news/how-2C-warming-could-reshape.u.s.-19209
GOP war on wages? seems to be counter productive, since customer (about 99% workers) are job creators, and what keeps companies in business.
http://www.politico.com/magazine/story/2015/07/the-republican-war-on-wages-119879.html?ml=m_b7_1#.VZ_BNPlQB1s
and hey Americans working part time because they cant find full time work, just need to work full time and that will fix the economy
http://www.theguardian.com/us-news/2015/jul/09/jeb-bush-says-americans-need-to-work-longer-hours-to-earn-more-for-their-families
huh?
It is possible China will treat their “equity markets” as gambling houses and not let them do to China’s 99% what the same gambling parlors do in the west.
China could teach the US about taking care of the bottom 99%.
IEA chief economist Fatih Birol says fossil fuel firms are a bad investment?
http://www.theguardian.com/environment/2015/jul/09/fossil-fuel-firms-risk-billions-ignoring-climate-change-iea
How City Living May Be Harming Your Mental Health, And What You Can Do About It
The Huffington Post | By Carolyn Gregoire
Posted: 07/03/2015
City life can take a serious toll on your mental health. Research has shown that urban dwellers are more likely to suffer from chronic stress and mental illness, particularly depression.
But according to new research, the antidote to those city blues could be as simple as a walk in the park.
A Stanford University study published this week in the Proceedings of the National Academy of Sciences found that walking in nature reduces rumination — the type of obsessive negative thinking and self-criticism that plays a central role in depression and anxiety disorders.
….
http://www.huffingtonpost.com/2015/07/03/walking-nature-depression_n_7704604.html
With global warming driving species range shift, bumblebees are an outlier.
http://www.sciencemag.org/content/349/6244/126.full