The bitter costs of sugar

Probably the most abused drug today…and yet it is freely pushed on our children. Sugar has become a habit that is costing our society heavily.

Sugar may be sweet, but excess consumption leaves a bitter aftertaste: millions of people worldwide are affected by type II diabetes or obesity, costing the global healthcare system billions of dollars every year. As the Credit Suisse Research Institute’s 2013 study “Sugar: Consumption at a Crossroad” found, close to 90 percent of general practitioners in the US, Europe and Asia believe excess sugar consumption is linked to the sharp growth in these health problems. Here is a direct video link.

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Bank of Canada capitulates on bullish outlook

Even while the US dollar Index has weakened over the past week on the prospects of continued QE, the Canadian dollar has weakened twice as much, reflecting a shaky outlook for Canada’s over-indebted domestic economy and falling global demand for our exports. In historically typical fashion, the Bank of Canada that had been unduly bullish over the past 2 years, yesterday threw in the towel.

Canada’s central bank lowered forecasts and even raised the possibility it could cut its trend-setting interest rate, Havard Gould reportsHere is a direct video link.

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Spitznagel: “stock market set up for a 40% decline”

Mark Spitznagel, Universa Investments founder, expects a 40 percent drop in the markets within a year. To invest in today’s market he says you have to “step aside; best investment is to sit earning zero.” Here is a direct video link.

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