Stock Markets Hyper-Risky 3

By Adam Hamilton – Re-Blogged From http://www.Silver-Phoenix500.com

The lofty US stock markets remain riddled with euphoria and complacency, fueled by an exceptional bull. Investors believe downside risks are trivial, despite long years of epic central-bank easing catapulting valuations to dangerous bull-slaying extremes. This has left today’s markets hyper-risky, with a massive bear looming as the Fed and ECB increasingly slow and reverse their easy-money policies. Caveat emptor!

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Life-Extending Discovery Renews Debate Over Aging as a ‘Disease’

By – Re-Blogged From Seeker

Even if a new drug proves to prolong human life, it won’t receive regulatory approval for that purpose unless the FDA accepts that aging is a treatable medical condition.

“We’re not going to see people spend longer in nursing homes. We’re going to see them spend more time out of nursing homes.”

“I think this is probably the most exciting thing to happen in aging research yet, and I think that’s going to be true no matter how the trial results turn out.”

Pope Francis’s Misguided War

By H. Sterling Burnett – Re-Blogged From American Thinker

It seems that Pope Francis has learned little since his 2015 papal encyclical calling on the world to fight climate change by limiting the use of modern technologies and fossil fuels. At a recent Vatican meeting he called many of the world’s leading oil company executives to the carpet. Francis told the executives they should shift from fossil fuels to renewable energy sources to fight “global warming.”

Pope Francis has myriad misguided beliefs about climate science, almost all of which he holds based on faith alone, as if they were holy writ. Even worse, his belief that society can transition from fossil fuels while reducing hunger and poverty is downright dangerous.

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Social Security Deterioration

By Keith Weiner – Re-Blogged From http://www.Silver-Phoenix500.com

We have been writing about capital destruction. This week let’s look at an event which is currently making news. Social Security will begin tapping into its trust fund this year. This happens, as the Social Security Board of Trustees states antiseptically, “four years earlier than projected in last year’s report.” In other words, the economy is growing by every conventional measure, yet Social Security is spending more than its tax revenues years earlier than projected. According to those same inaccurate projections, the trust fund won’t run dry until 2034.

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Parkinson’s Drugs Now Linked to Compulsive Behavior

By Clyde Hughes – Re-Blogged From Newsmax Health

Parkinson’s disease drugs have been linked to compulsive behavior in some users, according to a study that suggests the drugs could lead to financial ruin, unhealthy eating and sexual risk-taking, HealthDay News reported Wednesday.

The new study, published Wednesday in the journal Neurology, said that medication meant to restore movement in patients suffering from Parkinson’s disease could unlock some of those compulsive behaviors more often than originally thought, HealthDay said.

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Is The American Machine Tool Industry Well?

By Albert Albrecht – Re-Blogged From https://www.mmsonline.com

If you can believe the economist, it is on its way to recovery. Machine tool shipments and imports have turned around since the 2009 recession low, and in recent months have steadily improved. After a dismal 2009 and poor start in 2010, quarterly shipments have started to increase, evidence that the industry has started to recover. This is encouraging, if it were not for the fact quarterly shipments fell to record lows and 2009 and 2010. It is like getting a few drops of wine to an empty wine glass—the glass is still less than half full.

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What If India And China Used Natural Gas And Oil Like The U.S.?

By David Middleton, petroleum geologist – Re-Blogged From WUWT

From Forbes

JUN 17, 2018

What If India And China Used Natural Gas And Oil Like The U.S.?

Jude Clemente , CONTRIBUTOR

BP’s just releasedStatistical Review of World Energy 2018 has got my wheels turning. The first thing you should know is that global energy consumption has essentially just begun: around 85% of the global population – 6 in every 7 humans – still lives in developing nations. They don’t live in rich cities, like San Francisco, Toronto, New York City, Los Angeles, London, or Tokyo; they live in poorer ones, like Mumbai, Lagos, Jakarta, Guangzhou, Calcutta, and Karachi. This is where the future energy action is man: at least 90% of future demand will be in nations that are currently not developed. We rich, “all the energy that we want at our fingertips” Westerners still aren’t grasping a sad and cold reality: most of the world is poor and energy deprived.

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