Economics and Investing:

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Big Trouble Ahead For Copper Is Good For Silver

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The Boomer Retirement Meme Is A Big Lie – Sent in by B.B.

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Items from Professor Preponomics:

US News

Charting the Automation Potential of US Jobs (Visual Capitalist) Excerpt: “In last week’s Chart of the Week, we noted that 1.3 million industrial robots would be installed between 2015 and 2018, and this would more than double the stock of active robots around the world.”

Automation is Killing these Jobs (Fox News Business) Excerpt: “We all love technology. In most cases, it helps make life easier but it also comes at a price.”

The Age of Autonomous Robots is Upon Us (Fortune) Excerpt: “Why now? The reason is simple: timing. Advancements in the robotics industry that have been building for decades are converging.”

International News

Panama Papers: Mossack Fonseca Leak Reveals Elite’s Tax Havens (BBC News) Excerpt: “Eleven million documents held by the Panama-based law firm Mossack Fonseca have been passed to German newspaper Suddeutsche Zeitung, which then shared them with the International Consortium of Investigative Journalists.” The Guardian is also following this developing story… The Panama Papers: How the World’s Rich and Famous Hide Their Money Offshore as is ReutersWorld Leaders Deny Wrongdoing as “Panama Papers” Reveal Offshore Wealth

Vladimir Putin, His Close Friends, and the $2bn in Offshore Tax Havens (The Telegraph) Excerpt: “A St Petersburg concert cellist has been revealed as the lynchpin in an elaborate financial empire that manages billions of dollars apparently connected to Vladimir Putin….”

Self-Driving Cars to Hospital Robots: Automation Will Change Life and Work (The Guardian) Excerpt: “From automated manufacturing to software that does complex legal work, business is adapting to the robot economy.”

IMF Officials Struggling to EU Nations Over Greece Debt Relief (Market Watch) Excerpt: “Look, you Mrs. Merkel you face a question, you have to think about what is more costly: to go ahead without the IMF…or to pick the debt relief that we think that Greece needs in order to keep us on board,” Mr. Thomsen tells his colleagues, according to the WikiLeaks transcript.” …and the denial of the report follows with this from Reuters: IMF Denies Threat to Pull Out of Greek Bailout

Personal Economics and Household Finance

65 Tips to Save Money through Self-Reliance(Mother Earth News) Excerpt: “Frankly, our consumer culture pressures many of us to live above our means. The good news is that making a personal and household commitment to a more frugal lifestyle can be a fulfilling, healthy choice — and the following tips to save money can start you on that journey.” Note: This is an older article but filled with great ideas!

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