What We Read Today 21 April 2014

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 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.

• The Ukraine anti-semitic flyer: a case study in propaganda (Fabius Maximus) Fabius Maximus has contributed to GEI. Here is the best review and summary of the Ukraine Jewish incident that Econintersect has seen.

• Fools Russian: 1 Chart Shows How To Play Russia Tension-Related Selloffs (Cliff Wachtel, FX Empire) Cliff Wachtel is a weekly contributor to GEI. Because of interdependent economic and business interests between Russia and the EU a sustained crisis is unlikely. Cliff explains why the best strategy for Russian stocks is to”buy the dips”.
  

• Composing Only 5% of the World Population, Americans Take 50% of All Pharmaceutical Drugs (Christina Sarich, Natural Society) Hat tip to Roger Erickson. Could it really be that the objective of some pharma programs is to maintain people in a state of poor health though consumption of their products? See trailer for film “Doctored”.

• Do You Have A Selfie Addiction? Frequently Snapping Photos Of Yourself May Lead To Mental Illness, Suicide (Lizette Borreli, Medical Daily) Article claims frequent selfies may indicate a narcissistic obsession which can get out of control.

• Is Natural Gas No Better Than Coal? (Nick Cunningham, OilPrice.com, Wall Street Cheat Sheet) We have discussed an article on this question previously. Sig Silber has advised Econintersect that the question is not so easy to answer. Although the greenhouse effect with methane is much larger than for CO2, methane degrades over time while CO2 lasts ‘forever’. So not only is the question of how much methane is produced important, we also need to know how long it lasts in the atmosphere.

Today there are 14 articles discussed ‘behind the wall’. The final three are about the complicated data regarding lack of intergenerational income mobility in the U.S. and how it is and is not related to race.

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