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How Government Helped Create The Coming Doctor Shortage

For the last five years, attempts to reform America’s health care system have focused primarily on the demand side of the market, and specifically on the market for insurance. However, one of the most critical supply side issues in health care is the supply of qualified doctors.

What Oil Bulls Are Missing: "The Oil Is Just Being Moved Elsewhere"

In some overdue good news for oil bulls, the DOE recently reported a sharp fall in US crude inventories, supporting the notion that OPEC is finally taking chunks out of the global crude glut. But, as Bloomberg's Julian Lee points out, the bulls' party may be premature: stockpiles aren't coming down because the oil is being used, it's just being moved overseas.

U.S. Trade Balance Improves In May As Deficit With China, Europe Shrinks

Coming in largely as expected, the U.S. monthly international trade deficit decreased in May 2017 from an unrevised $47.6 billion in April (revised) to $46.5 billion in May, fractionaly worse than consensus expectations of $46.3 billion, as exports increased and imports decreased.

Frontrunning: July 5

  • U.S. Warns North Korea It’s Ready for War Over Missiles (WSJ)
  • U.S., South Korea stage show of force against North Korea (Reuters)
  • UN to Meet on North Korea as U.S. Confirms Rocket Was ICBM (BBG)
  • Trump talks tough, options limited (Reuters)
  • North Korea, Putin Meeting Top Agenda For Trump’s Tripa (WSJ)

Mapping The World's 20 Most Populous Cities By 2100

If you look at a modern map of the world’s most populous cities, you’ll notice that they are quite evenly distributed around the globe. However, in the future, things will be very different, according to projections from the Global Cities Institute. In fact, over the next 80 years or so, some cities will literally 10x or 20x in size – turning into giant megacities. The most interesting part? None of these cities will be in the Americas, Europe, China, or Australia.

Did Europe Surrender To Radical Islam?

In spite of three attacks in three months, Britain does not seem to be choosing the path of vigilance and determination. June is not even over but the media barely talk about terrorism any more.

The "World's Policeman" Retires On Disability

"The American neo-conservatives predicted the 21st century would be a 'New American Century'. Instead, it is becoming a 'New Chinese Century', with the United States still believing, wrongly, that it is the 'leader of the free world' and a 'super power'."

Fed "Stress Test" Results Are Out: Everyone Passes Even As VIX Hits 70

Moments ago the Fed released the first phase of its annual stress test which, once again, found that all thirty-four of the US largest banks "passed", exceeding minimum projected capital and leverage ratios under severely adverse scenarios, based on their projected ability to withstand economic shocks