Juggling Dynamite

Today’s processed foods industry is more powerful than the tobacco industry was in the 1950’s and ’60’s. Not everyone smokes, but everyone eats.  The other magnifying feature in terms of social impact, is that unlike tobacco, processed foods are being pumped into our children from birth. The long-term health of next generations is being insidiously compromised before they even get a chance to be young and strong. It is a tragedy being perpetrated both through the inadvertent neglect of parents and caregivers as well as the media-spinning power of big food conglomerates and the captured politicians that assist them. Healthy eating is one of those rare foundational choices where individuals either make a conscious decision to be part of the solution or they are part of the problem.

This is the movie the food industry doesn’t want you to see. FED UP blows the lid off everything we thought we knew about food and weight loss, revealing a 30-year campaign by the food industry, aided by the U.S. government, to mislead and confuse the American public, resulting in one of the largest health epidemics in history. Here is a direct video link.

Danielle was a guest today on Talk Digital Network with Jim Goddard talking about recent trends in the world economy and markets. You can listen to an audio clip of the segment here.

To clarify the comments on Buffett, investors in his Berkshire shares made zero nominal returns (negative real returns after inflation) for 6 years from 2007 all the way to 2013. Over the past 12 months as QE mania lifted all risky assets, Berkshire shares went along for the ride mirroring the gains in the S&P 500. This also means that when the S&P enters the next bear market decline, the tightly correlated Berkshire will go along for that ride as well. For the chart and more see: Buy and hold Buffett necessarily perpetually bullish.

Notwithstanding the usual heavy gold-mongering by the sponsor, this interview offers some worthwhile macro and financial risk analysis.

The central banks of the world are massively and insouciantly pursuing financial instability. That’s the inherent result of the 68 straight months of zero money market rates that have been forced into the global financial system by the Fed and its confederates at the BOJ, ECB and BOE. ZIRP fuels endless carry trades and the harvesting of every manner of profit spread between negligible “funding” costs and positive yields and returns on a wide spectrum of risk assets.  Here is a direct link to his latest audio interview.