Boring

~~~

Everyone it the UK doing fine … except the poor rich –

Independent UK
Taxpayer money paid to private landlords doubles over 10 years, reaching almost £10bn
The National Housing Federation calculates that £9.3bn of the £24bn housing benefit last year went to landlords in the private rented sector, up from just £4.6bn in 2005/06

Yes, but the government has to do something with these people. One can’t have them cluttering up the streets.

~~~

The US is feeling better … It is getting the plastic pumping again~!

~~~

Cheap holidays to Mexico and Turkey … ya~!

~~~

and the ECB keeps on keeping on …

~~~

~~~

Same as it …

~~~

Guardian UK
Inheritance tax is toxic. We need new ways to tackle inequality

I can see the side where `death taxes` should be high … so as to start each generation off at a similar place … but, I also can see that most of the world don’t see that far.
Top comments –

~~~

This chart … a hundred-trillion in outstanding bonds –

This Twitter comment is good (Chovanec). It is the better way to think of it.

~~~

BBC News
UK household debt now a record £13,000, says TUC

According to the ONS, total unsecured debt hit an all-time high of £349bn at that point.
The TUC divided that number by the total number of households in the UK.
However, its figures are inflated by the inclusion of student loans, which have increased rapidly over the last couple of years.

Guardian UK
No one can afford to stop the new consumer credit crisis
The Bank of England is too complacent about rising debt in households with stagnant incomes. But government dare not risk any slowdown in spending

~~~

~~~

As in … a kinda modern blackmail involving a lady

~~~

Guardian UK
How to keep your resolutions (clue: it’s not all about willpower)

It’s hard to think of a situation in which it wouldn’t be extremely useful to have more willpower. For a start, your New Year’s resolutions would no longer be laughably short-lived. You could stop yourself spending all day on social media, spiralling into despair at the state of the world, yet also summon the self-discipline to do something about it by volunteering or donating to charity. And with more “political will”, which is really just willpower writ large, we could forestall the worst consequences of climate change, or stop quasi-fascist confidence tricksters from getting elected president. In short, if psychologists could figure out how to reliably build and sustain willpower, we’d be laughing.

Unfortunately, though, 2016 was the year in which psychologists had to admit they’d figured out no such thing, and that much of what they thought they knew about willpower was probably wrong. Changing your habits is certainly doable, but “more willpower” may not be the answer after all.

~~~

Economics analogy for the future:

Teach people to drive … and ignore the people on the radio saying when and where crashes will happen.

~~~

How silly is this chart~?

~~~

Maybe a trend~?

~~~

Is this … `pinkmail`?

~~~

~~~

`Back then` doesn’t count~!

~~~

From Twitter (so to be read `upwards`)
Chovanec (at the bottom) is referencing the Guardian article on sugar (demand). He is saying that `industry` only supplies what is wanted.
He notes that it is `people` that cause the problem with their `desires`
A minute later (after a Tweet about his children) … on Japan, he is noting that that `external forces` can affect `desires`.

I don’t blame people for stopping when it gets too confusing.
But you may think they should, at least notice, that they are chopping into the `cause and effect chain` (so as to be able to give a simple (simplistic) answer).

~~~

~~~

~~~

`the government`??

~~~

Ah~! … but that was `then`.

~~~

~~~

~~~

Pink collar jobs

~~~

NYT
Why Men Don’t Want the Jobs Done Mostly by Women

Of the fastest-growing jobs, many are various types of health aides, which are about 90 percent female. When men take these so-called pink-collar jobs, they have more job security and wage growth than in blue-collar work, according to recent research. But they are paid less and feel stigmatized.

~~~

SnM
ECONOMISTS IN AN ALIENATED SOCIETY

~~~

China smog –

~~~

~~~

~~~