Wednesday , April 8 2020
Home / Peak Prosperity /Daily Digest 1/20 – China’s coronavirus cases likely grossly underestimated, Missouri could jail librarians for lending ‘age-inappropriate’ books

Daily Digest 1/20 – China’s coronavirus cases likely grossly underestimated, Missouri could jail librarians for lending ‘age-inappropriate’ books

Summary:
Economy All of the World’s Wealth in One Visualization (Thomas R.) The financial concept of wealth is broad, and it can take many forms. While your wealth is most likely driven by the dollars in your bank account and the value of your stock portfolio and house, wealth also includes a number of smaller things as well, such as the old furniture in your garage or a painting on the wall. The Tractor Backlash (Thomas R.) John Deere, like Ford and GM and all the rest, is forced by the government to build tractors as complicated as new cars – and just as impossible for the average owner to service. But people still have the choice not to buy them. Many are beginning to exercise this choice. Missouri could jail librarians for lending ‘age-inappropriate’ books (Sparky1) A Missouri bill

Topics:
Peak Prosperity considers the following as important:

This could be interesting, too:

Mises Institute writes Freedom Still Matters, Even in the Midst of a Virus

Mises Institute writes Airline Bailouts Destabilize the Economy and Inflate Asset Prices

Daily Pfennig writes Gold Continues To March Higher….

Peak Prosperity writes Daily Digest 4/7 – The Quest For A Pandemic Pill, Abuse Fears Increase As Families Isolate

Daily Digest 1/20 – China’s coronavirus cases likely grossly underestimated, Missouri could jail librarians for lending ‘age-inappropriate’ books

Economy

All of the World’s Wealth in One Visualization (Thomas R.)

The financial concept of wealth is broad, and it can take many forms.

While your wealth is most likely driven by the dollars in your bank account and the value of your stock portfolio and house, wealth also includes a number of smaller things as well, such as the old furniture in your garage or a painting on the wall.

The Tractor Backlash (Thomas R.)

John Deere, like Ford and GM and all the rest, is forced by the government to build tractors as complicated as new cars – and just as impossible for the average owner to service.

But people still have the choice not to buy them. Many are beginning to exercise this choice.

Missouri could jail librarians for lending ‘age-inappropriate’ books (Sparky1)

A Missouri bill intended to bar libraries in the US state from stocking “age-inappropriate sexual material” for children has been described by critics as “a shockingly transparent attempt to legalise book banning” that could land librarians who refuse to comply with it in jail.

Fed Adds $52.6 Billion To Markets As Central Bank Official Defends Operations (Adam T.)

The Federal Reserve Bank of New York added $52.6 billion in short-term liquidity to the financial system Friday to help money markets get through the weekend.

Officials want to clear a mile-long homeless camp on a Sonoma County bike trail. Some don’t want to go (Sparky1)

“I think it’s sad and overwhelming,” said pest control technician Matt Dougherty of the conditions for more than 200 homeless residents. “We’re here just to make it better for them.”
The rat problem could hardly have been a surprise. Trash and human waste had been piling up for months along the Joe Rodota Trail, nestled behind neighborhoods in the heart of Northern California wine country.

China’s coronavirus cases likely grossly underestimated, study says (Sparky1)

London (CNN)The number of cases in an outbreak of a new strain of coronavirus in China is likely to have been grossly underestimated, according to a new study, which warns that human-to-human transmission of the mysterious virus may be possible.

St. Louis donations wipe away $13 million in medical debt (elinski)

ST. LOUIS — Thousands of St. Louis-area families were freed from a major financial burden thanks to a charitable effort that is increasingly popular among churches and other organizations trying to help the needy — eliminating medical debt.

Trump reverts to Obama policy on China’s currency (edelinski)

The commitment to  market-determined exchange rates was long the policy of the Obama administration and China had accepted this goal through its participation in communiques of G-20 finance ministers and central bank governors, who endorsed it.

Energy

At the top of the peak (james w.)

If our global industrial civilisation was a mountain, we are likely to be at or very close to the peak.

If this is correct, our collective future will be a story of the decline and eventual collapse of our industrial civilisation.

Environment

America’s most widely consumed oil causes genetic changes in the brain (Thomas R.)

New UC Riverside research shows soybean oil not only leads to obesity and diabetes, but could also affect neurological conditions like autism, Alzheimer’s disease, anxiety, and depression.

Gold & Silver

Click to read the PM Weekly Market Commentary

Provided daily by the Peak Prosperity Gold & Silver Group

Article suggestions for the Daily Digest can be sent to [email protected]. All suggestions are filtered by the Daily Digest team and preference is given to those that are in alignment with the message of the Crash Course and the “3 Es.”

The post Daily Digest 1/20 – China’s coronavirus cases likely grossly underestimated, Missouri could jail librarians for lending ‘age-inappropriate’ books appeared first on Peak Prosperity.

Powered by WPeMatico

Leave a Reply

Your email address will not be published. Required fields are marked *