- The US economy added 151,000 jobs in August, 2016.
- Government debt as a percentage of GDP now exceeds 100%.
- Cities in China’s Huanghe Delta are sinking at 10 inches per year from ground subsidence.
- August 2016 continued the record breaking heat by being 1.76F (0.98C) above average.
- The number of Americans living in poverty dropped by 3.5M.
- China’s gap between credit and GDP reached 30.1 in the first quarter of 2016. Being above 10 suggests a crisis will occur within 3 years.
- Electric car sales are increasing at 50% per year.
- Greenland is losing 590 trillion pounds of ice per year, 40 trillion more than expected.
- Emerging nations’ debt exceeds $25T, more than ten times the debt from the 2008 mortgage crisis.
- 17% of the unemployed in the have been unemployed for more than a year, a continuation of record high levels (though improving).
- The lack of affordable housing is holding back US GDP by about 10%.
- 57% of Americans believe there is a need for a third party, a record high for a Presidential election year.
Pretending Not To Panic 