Bad News For World Economy That No One Wants To Hear

Reading the general run of financial headlines might lead one to believe that price declines in those commodities which are highly sensitive to economic conditions such as iron ore, copper, oil, natural gas, coal, and lumber are good on their face.

Obviously, the declines aren’t good for those who sell these commodities. But, those of us who buy these commodities in the form of cars, houses, utility bills and other products and services ought to be helping the world economy as we buy more stuff with the freed up income. Continue reading

The Collapse Of The Honeybee Industry Could Cost Hundreds Of Billions Of Dollars

Honeybees don’t just produce honey: the hard-working insect is also fundamental to the world’s food supply.

The value of insect pollinators on world agricultural production, which accounts for their role in producing better quality and quantity of harvests, was estimated at $208 billion in 2005.

But the downward spiral of honeybee populations — both wild and captive — has put all of all of that at risk. Continue reading