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18.09.26 - 20:13
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K-Shaped Economy: Reality Or Media-Driven Perception (ZeroHedge)
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K-Shaped Economy: Reality Or Media-Driven Perception
Authored by Lance Roberts via RealInvestmentAdvice.com,
“What the K-shaped economy gets right, what it exaggerates, and what believing the worst version is costing a generation.”
The bottom half of American households owns about 2.5% of the nation's wealth. That number is real, and it ought to bother you. However, that number is also higher than it was in 2019 and 2015, and roughly six times higher than the 0.4% low it hit in 2011. You will not read that in many places because it doesn't “fit the narrative.”
Unfortunately, the K-shaped economy headlines have settled into a single unvarying note, and after a while, people stop hearing anything else. I've spent the past several weeks working through the underlying data. While there is some truth to the coverage, most of the claims are exaggerated for “clicks and views.” But the psychological damage is clear.
So, before we get into our discussion, here are some numbers for y...
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17.09.26 - 08:18
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Peers call for UK to enact tobacco-style ban on gambling advertising (The Guardian)
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Lords' report faces criticism from lobby groups after suggesting ban would be 'most effective' way to reduce public harmsThe UK should introduce a ban on almost all gambling advertising to protect public health, a cross-party group of peers has urged, prompting fury from the lobby group for bookmakers and casinos.In a 173-page report, the House of Lords liaison committee said the government had been “too passive” in response to an explosion of digital advertising and social media influencers promoting the gambling sector. Continue reading......
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17.09.26 - 05:54
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Geld zurück für unerlaubtes Glücksspiel? BGH prüft Klage (DPA-AFX)
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KARLSRUHE (dpa-AFX) - Können glücklose Spielerinnen und Spieler verlorene Wetteinsätze zurückfordern, wenn die Anbieter von Online-Casinospielen zum Zeitpunkt des Angebots nicht über die nötige deutsche Lizenz verfügten? Um diese Frage geht es am Donnerstag ......
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16.09.26 - 13:24
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Mirror publisher to cut 220 editorial jobs as readers turn to AI summaries (The Guardian)
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Reach, which also owns Express, makes decision because of 'mammoth shift' in how audiences seek out contentThe publisher of the Mirror and Express newspapers is to cut a further 220 editorial jobs as it adapts to a dramatic fall in online traffic while readers increasingly turn to summaries generated by artificial intelligence.Reach, which also owns scores of online brands and regional titles including the Manchester Evening News, the Birmingham Mail and the Liverpool Echo, said the latest cuts were necessary to cope with a “mammoth shift” in how audiences seek out content. Continue reading......
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