Category: Finance & Economy
German 2-year yield just hit an all-time low of -0.95% this week.
Think autonomous vehicles are going to hit the road near you pretty soon? Autonomous ships will hit the sea ports near you even sooner.
Meet Cafe X which just introduced its first robotic cafe in San Francisco.
Utah Bill Would Set Stage For State Gold and Silver Depository, Further Encourage Use of Metals as Money
Following Texas’ footsteps, Utah introduces bill that would build on the state’s Legal Tender Act, creating a foundation for further action to encourage the use of gold and silver as money, and take another step toward breaking the Federal Reserve’s monopoly on money.
An online grocer in the UK debutes a fruit-picking robotic arm for its assembly line.
Bloomberg’s Sunset Index, which tracks the number of working age people per retiree, by country, paints a global picture of the demographic onslaught which will put severe strains on government budgets and the younger population.
The recent blow-up of the Dallas Police and Fire Pension System, an event which is mathematically predictable and preordained, is just an opening act of what is to come for dozens of US local and state government pension plans in this coming decade.
2013 will go down as the first year in which retirement accounts have greater distributions than contributions (i.e. net outflow) on a continuous basis.
Even as the world’s population continues to expand, a significant countertrend has been evolving for decades below the surface with far-reaching implications for the global economy and our assumption on economic growth.
A likely change in attitude towards Russia and China with the incoming Trump presidency and administration would usher in some pretty farreaching new realities, both geopolitically and economically.