Good morning. Interesting shift in college choice in the US: the death of education…

http://www.zerohedge.com/news/2014-05-19/americas-most-popular-and-best-paying-majors

The consequence of the recent spending cuts by the Federal government

http://www.marketwatch.com/story/our-governments-dumbness-just-hit-a-new-low-2014-05-15

“Canines’ Cancer-Sniffing Snouts Showing 90%-Plus Accuracy” !!
http://www.bloomberg.com/news/2014-05-18/canines-cancer-sniffing-snouts-offer-new-testing-option.html

Very cool insight in the voting matches of the various ‘populist’ parties in the European parliament: UKIP and PVV are a closer match than UKIP would want…

http://www.economist.com/blogs/graphicdetail/2014/05/daily-chart-10

Given that bond yields have been dropping for over thirty years, this chart does not surprise me

http://ftalphaville.ft.com/2014/05/19/1854722/the-sun-also-rises-bond-yields-not-so-much/

For a second, I thought Rogoff had actually explored the pro’s and cons of bitcoin… But no: “Costs and benefits to phasing out paper currency”
http://www.nber.org/chapters/c13431.pdf

Interesting chart on the age distribution of the US

http://www.businessinsider.com/millennial-facts-2014-5

Following Nigeria’s GDP-revision, this can hardly come as a shock: “Africa’s GDP is vastly understated”

http://blogs.ft.com/beyond-brics/2014/05/19/afdb-says-africas-gdp-is-a-third-larger-than-thought/

Yet another interesting chart on financial markets! How equities fare compared to bonds

http://www.businessinsider.com/monday-scouting-report-may-19-2014-2014-5

…and talking about financial markets, here’s another one: if you believe this, cash is standing on the sideline

http://www.zerohedge.com/news/2014-05-19/asset-managers-hold-most-cash-2-years-least-believed-bull-market-ever

The growth of the investment grade bond market in the US versus Europe

http://www.bondvigilantes.com/blog/2014/05/19/global-banking-hurt-national-champions/

Drought in the US. Serious business.

http://www.vox.com/2014/5/15/5720870/drought-california-us-maps

The how-harmful-is-the-drugs-you-are-taking checklist. Coffee it is!!

http://www.vox.com/2014/5/19/5727712/the-three-deadliest-drugs-in-america-are-all-totally-legal

Cool pictures from a time long ago…

http://everyday-i-show.livejournal.com/238528.html

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