The most comprehensive nationwide survey for diabetes ever conducted in China shows 11.6 percent of adults, or 114 million, has the disease. The finding, published yesterday in the Journal of the American Medical Association, adds 22 million diabetics, or the population of Australia, to a 2007 estimate and means almost one in three diabetes sufferers globally is in China. Here is a direct video.
This 30 minute segment gives a good refresher course on the credit bubble, where we are today and what aftermath we still have to work through before the next sustainable expansion cycle can begin.
The economy works like a simple machine.
But many people don’t understand it— or they don’t agree on how it works — and this has led to a lot of needless economic suffering. Here is a direct video link.
13 years into a secular bear in the stock market, with interest rates at 100 year lows–poor saving rates, stubborn debt and reckless financial advice–all have taken their toll on the longevity of retirement income just as drugs are keeping people alive well into their 80’s. This man thinks he should have gotten financial advice earlier…given the sales-driven focus of most financial advisers and investment firms…it is unlikely that would have helped him.
At the height of his corporate career Tom Palome was a vice president at Oral-B Laboratories, earning a salary in the low six-figures. Today the 77-year-old works two part-time jobs, at about $10 an hour, to support his retired lifestyle. Bloomberg’s Emmitt Henry reports.Here is a direct video link.
