AUGUST 29, 2016

Full News Archive

• Headline: Central Bankers Shift Focus to Spending. Impact: If central bankers had actually listened, world economies might have bounced back like a rubber ball instead of flopping like a wet noodle. Instead, we just got more low rates and a collective shrug from the finance world.. Fact: The last time central bankers actually agreed on something, they all ended up at a karaoke bar singing 'Money for Nothing'—and yes, it was as cringeworthy as it sounds..
• Headline: Silicon Valley Start-Ups Brace for Impact. Impact: The adjustments made by start-ups in 2016 led to a tech bubble that inflated so much that it could have been used as a floatation device for the Titanic. Spoiler alert: it didn't save them.. Fact: Silicon Valley start-ups are like cats; they always land on their feet—unless they’re too busy chasing laser pointers..
• Headline: Broadband Law Could Force Rural Residents Off Information Superhighway. Impact: The ruling effectively cut off rural residents from the digital age, forcing them to rely on carrier pigeons for communication. It’s a miracle the internet hasn’t been re-invented by now!. Fact: The 'Information Superhighway' is just a fancy way of saying 'a really long and bumpy road where you might get lost if you don’t have GPS.'.