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Pam Martens and Russ Martens – Chinese Stocks Crash Overnight; Will We See Another “Glitch” in New York

Despite unprecedented efforts by the Chinese government to stem the rout in the Chinese stock market that had shaved as much as $4 trillion from share prices before the government’s interventions this month and last, the Shanghai Composite closed down 8.48 percent today at 3,725.558. The overnight rout has raised speculation in some quarters as to whether we are going …

Why America’s $2.9 Trillion Medical Industry Still Runs on Paper Payments by John Tozzi

Dealing with medical bills, like waiting for the cable guy or buying a used car, has become a cliché of consumer exasperation. Everything from electricity and phone bills to tax returns and parking tickets migrated to electronic payments years ago, but America’s $2.9 trillion health-care economy remains stubbornly stuck in the 1990s. The number of medical bills paid by paper check through the U.S. …

Robo-Journalism Will Produce 1 Billion Web Stories in 2015 (This Isn’t One of Them); McJournalism Coming Up – Mike Shedlock

I sometimes get asked what I am going to do when I am replaced by a robot. On other occasions, I get emails from people hoping I get replaced by a robot. Those in the second group typically accuse me of not knowing what it is like to not have a job. Actually, I do know what it is like …