by Washington"s Blog, Washington"s Blog
The Guardian reports that global debt has grown by $57 trillion dollars - to $199 trillion dollars - since the 2008 financial crisis.
How much is that? It"s a big number ... but what does it actually mean?
Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary "reading list" which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for "reading list" items are gratefully reviewed, although sometimes space limits the number included.
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by Vince Gaffney and Robin Allaby, The Conversation
Wheat has been found in a settlement on England"s south coast dating back to 6000BC - 2000 years before farming reached Britain. This finding overturns many cherished archaeological beliefs - or myths - about the era. Though they were once patronised as simplistic hunter-gatherers, it turns out early Britons must have been active traders with the agricultural superpowers of their day in France and the Balkans. It"s time to reassess Mesolithic man.
Infographic Of The Day: Where History's Greatest Minds Traveled To Unwind
Ever wonder where Ernest Hemingway's favorite travel destination was?
by Dirk Ehnts, Econoblog101
The title of this post was taken from a paper by Josef Mensik, a colleague of mine from Brno in the Czech Republic. The abstract starts like this:
Investing.com Technical Analysis (as of Thu, 05 March 2015 05:00pm EST)
by Investing.com Staff, Investing.com
Below, technical overviews and analysis for key stock indices, commodities and currency pairs, based on market activity at the close of the 05 March 2015 U.S. session. This information is a comprehensive summary derived from simple and exponential moving averages along with key technical indicators shown for specific time intervals.
Closing Market Commentary: Averages Closed Up While Trading Sideways Entire Session, Investors Uneas
Econintersect: Week 8 of 2015 shows same week total rail traffic (from same week one year ago) again declined significantly according to the Association of American Railroads (AAR) traffic data. Intermodal traffic, which accounts for half of movements, continued to contract year-over-year. Part of the intermodal decline was caused by labor issues at the West Coast Ports, and another part was caused by a large decline in coal production - it does not explain much of the decline (you can always blame the weather).