The American Debt Slave

Global-household-debt-gdp-US-2018-q3

Reprinted from the original post at https://wolfstreet.com/

Go to this link for the full article.

Note that here in the US we rank #11 worldwide.  Read the article to find out who’s in the top ten.

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CBD Is Everywhere, but Scientists Still Don’t Know Much About It

This NYT article should be read by anyone considering the use of CBD for anything.

Here’s a list of what CBD can be used for from a local news rack publication.

Relief, the Natural Way

  • Pain
  • Depression
  • Acne
  • Anxiety
  • Cancer
  • Diabetes
  • Drug withdrawals
  • Epilepsy
  • Fibromyalgia
  • Heart health
  • Inflammation
  • Inflammatory bowel disease
  • Insomnia
  • Multiple Sclerosis
  • Neurodegenerative disorders
  • Psoriasis
  • Quitting smoking
  • Quality of life

 

Authors Guild Survey Shows Drastic 42 Percent Decline in Authors Earnings in Last Decade

The Authors Guild’s 2018 Author Income Survey, the largest survey of writing-related earnings by American authors ever conducted finds incomes falling to historic lows to a median of $6,080 in 2017, down 42 percent from 2009.

The Authors Guild surveyed its membership and the members of 14 other writers organizations in 2018, receiving detailed responses from 5,067 authors. This included traditionally, hybrid and self-published authors who have commercially published one or more books. When discussing median incomes, the survey looked at both full-time and part-time authors.

The respondents reported a median author income of $6,080, continuing a sharp decline over the last decade: $8,000 in 2014 and $10,500 in 2009 (per the Authors Guild’s 2015 Survey), down again from $12,850 in 2007, as reported in a joint Authors Guild/PEN survey.

Earnings from book income alone fell even more, declining 21 percent to $3,100 in 2017 from $3,900 in 2013 and just over 50 percent from 2009’s median book earnings of $6,250.

The survey showed a shift in book earnings to other writing-related activities, such as speaking engagements, book reviewing or teaching. Including those sources, respondents who identified themselves as full-time book authors still only earned a median income of $20,300, well below the federal poverty line for a family of three or more.

Add writer to the list of occupations to steer your grandchildren away from.

I am a non-professional non-paid writer.  And professional writers don’t make much more than I do writing.

Read the entire article here.

People are falling off buildings in search of the perfect Instagram shot

The leading cause of death while taking selfies is drowning, followed by transportation (trains and cars), and then falling from high places.

What a fun article.

Here’s the Wikipedia webpage that maintains a list of selfie deaths.

Not just for the young.

A 68-year-old Belgian woman was visiting the El Tatio geyser field located within the Andes Mountains of northern Chile. While attempting to take a selfie in front of an active geyser she stepped backwards and fell into the scalding hot water. Her husband pulled her out, but she died in hospital days later from burns over 85 percent of her body.

MillerCoors Surprises 101-Year-Old Veteran Who Drinks Daily Coors Light With Special Birthday Gift — VinePair

Last week, World War II veteran Andrew E. Slavonic celebrated his 101st birthday. The secret to his long and healthy life? Drinking a daily Coors Light at 4 p.m. News of the veteran’s preferred tipple soon went viral, with MillerCoors, the parent company behind Coors Light, quick to respond with a special birthday gift. According…

via MillerCoors Surprises 101-Year-Old Veteran Who Drinks Daily Coors Light With Special Birthday Gift — VinePair

Only two percent of teens read newspaper, one-third have not read book for pleasure in last year

“Think about how difficult it must be to read even five pages of an 800-page college textbook when you’ve been used to spending most of your time switching between one digital activity and another in a matter of seconds,” she added. “It really highlights the challenges students and faculty both face in the current era.”

My source article

My random thoughts:

  • ADHD
  • Bad parenting
  • Technology addiction
  • Social media is not social
  • Social media is evil
  • The slow agonizing death of newspapers
  • Colleges and universities will be challenged
  • Put the cellphone down and keep your hands where I can see them.

There is a link to the full study in the source article.