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Cole Mellino – There Will Be More Plastic Than Fish in the Ocean by 2050

There will be more plastic than fish in the ocean by 2050, warned the Ellen MacArthur Foundation in a report published Tuesday. The report, The New Plastics Economy: Rethinking the Future of Plastics, was produced by the foundation and the World Economic Forum with analytical support from McKinsey & Company.   Every year “at least 8 million tons of plastics leak into the ocean—which …

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Citi Just Made “Global Recession In 2016” Its Base Case Scenario

Over the weekend, we reported that in a dramatic turn of events, the research division of Japan’s second biggest brokerage house, Daiwa, did what nobody else has done before and released a report in which it made a global financial “meltdown”, one resulting from nothing short of a Chinese economic cataclysm its base case scenario, its base case. It added …

The Debt To GDP Ratio For The Entire World: 286 Percent – Michael Sndyer

Did you know that there is more than $28,000 of debt for every man, woman and child on the entire planet?  And since close to 3 billion of those people survive on less than 2 dollars a day, your share of that debt is going to be much larger than that.  If we took everything that the global economy produced this year …