There will be more plastic than fish in the ocean by 2050, warned the Ellen MacArthur Foundation in a report published Tuesday. The report, The New Plastics Economy: Rethinking the Future of Plastics, was produced by the foundation and the World Economic Forum with analytical support from McKinsey & Company. Every year “at least 8 million tons of plastics leak into the ocean—which …
Citi Just Made “Global Recession In 2016” Its Base Case Scenario
Over the weekend, we reported that in a dramatic turn of events, the research division of Japan’s second biggest brokerage house, Daiwa, did what nobody else has done before and released a report in which it made a global financial “meltdown”, one resulting from nothing short of a Chinese economic cataclysm its base case scenario, its base case. It added …
The Debt To GDP Ratio For The Entire World: 286 Percent – Michael Sndyer
Did you know that there is more than $28,000 of debt for every man, woman and child on the entire planet? And since close to 3 billion of those people survive on less than 2 dollars a day, your share of that debt is going to be much larger than that. If we took everything that the global economy produced this year …