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Bolt At Full Throttle

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by Felix Richter, Statista.com

-- this post authored by Martin Armstrong

In what is very likely to be his last Olympic games, Jamaican sprint superstar Usain Bolt achieved the 'triple triple' - gold medals in the 100m, 200m and 4x100m events at three Olympics.

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 more WWRT

What We Read Today 28 August 2016

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.

This feature is published every day late afternoon New York time. For early morning review of headlines see "The Early Bird" published every day in the early am at GEI News (membership not required for access to "The Early Bird".).

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 more features, analysis, studies, and news published in the last week

Why Trains Suck In America

Here's why. They're slow, expensive, and not very reliable. And there are a few, largely unsolvable reasons why that's the case. Trains are only more convenient than planes when cities are located 200-300 miles apart. But the thing that makes trains absolutely suck has to do with ownership. Commuter rail services like Amtrak operate on tracks owned by other companies. Companies that prioritize freight cars and have limited interest in making sure passenger cars can hit their top speeds.

Infographic Of The Day: Conventional Vs Online Banking, Could You Be Saving More

This infographic explains the differences between conventional and online-only banks.

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Video of the Day:

Here's why. They’re slow, expensive, and not very reliable. And there are a few, largely unsolvable reasons why that’s the case. Trains are only more convenient than planes when cities are located 200-300 miles apart. But the thing that makes trains absolutely suck has to do with ownership. Commuter rail services like Amtrak operate on tracks owned by other companies. Companies that prioritize freight cars and have limited interest in making sure passenger cars can hit their top speeds.


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 more investing, markets, precious metals & forex

The Week Ahead: Will The Fed Sing 'September Song'?



 more opinion

Government Sanctioned Killer Opiates

by Charles Hugh Smith, Of Two Minds

What Can We Say About a System that Criminalizes a Safe Painkiller (0 Deaths) and Promotes Big Pharma Opiates that Have Killed 165,000 Americans?

So when will the citizens wake up to the criminality of their government in favoring killer corporate opiates over safe natural painkillers?

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 USA economy at a glance (boxed items are updates in last 7 days)

19 August 2016: ECRI's WLI Growth Index Declines Slightly

ECRI's WLI Growth Index which forecasts economic growth six months forward marginally declined but remains in positive territory for the 22nd week - after spending the previous 35 consecutive weeks in negative territory. This is compared to RecessionAlerts similar index.

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