Archive for August 4th, 2011

August 4, 2011

Stock Market Crash

black monday by aleksandra mir

A stock market crash is a sudden dramatic decline of stock prices across a significant cross-section of a stock market, resulting in a significant loss of paper wealth. Crashes are driven by panic as much as by underlying economic factors. They often follow speculative stock market bubbles.

Stock market crashes are social phenomena where external economic events combine with crowd behavior and psychology in a positive feedback loop where selling by some market participants drives more market participants to sell. Generally speaking, crashes usually occur under the following conditions: a prolonged period of rising stock prices and excessive economic optimism, a market where P/E ratios exceed long-term averages, and extensive use of margin debt and leverage by market participants.

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August 4, 2011

Recession Shapes

Recession shapes by Julian Honoré

Recession shapes are used by economists to describe different types of recessions. There is no specific academic theory or classification system for recession shapes; rather the terminology is used as an informal shorthand to characterize recessions and their recoveries. The most commonly used terms are V-shaped, U-shaped, W-shaped, and L-shaped recessions. The letters can also be applied referring to the recoveries (ie ‘V-shaped recovery’).

In a V-shaped recession, the economy suffers a sharp but brief period of economic decline with a clearly defined trough, followed by a strong recovery. V-shapes are the normal shape for recession: ‘There is a strong historical ‘snap back’ relationship between the strength of economic recovery and the severity of the preceding recession. Thus, recessions and their recoveries have a tendency to trace out a ‘V’ shape.’

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August 4, 2011

Whole Grain

wheat kernel

Whole grains are cereal grains that contain cereal germ, endosperm, and bran, in contrast to refined grains, which retain only the endosperm. Whole Grains can generally be sprouted while refined grains generally will not sprout. Wholemeal products are made by grinding whole grains in order to make whole grain flour. Whole grains are a natural source of protein as well as a source of carbohydrates and are made into many different kinds of foods.

There are multiple grains such as cereal grains (e.g. wheat, brown rice, oats, barley, corn, and rye) as well as pseudocereals (e.g. quinoa and buckwheat) that may be labeled whole grains. Common whole grain products include: whole wheat bread, whole wheat pasta, rolled oats, and popcorn. By contrast, common refined-grain products include: white rice, white bread, hominy, and pasta.

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August 4, 2011

Grain Milk

rice milk

Grain milk is a milk substitute made from fermented grain or from flour. Grain milk can be made from oats, spelt, rice, rye, einkorn wheat or quinoa, and looks very similar to cow’s milk. It has a lower protein content and a higher carbohydrate content than cow’s milk. Just as cow’s milk is often fortified, grain milks may have calcium and some vitamins (especially B12) added to them.

Grain milk is low in saturated fat and contains no lactose, which is beneficial for those who are lactose intolerant. Grain milk also lacks milk protein, making it suitable for vegans and people with milk allergies. Flavored grain milk can come in plain, vanilla, chocolate or a variety of other flavors. There are also grain milk cream and desserts available.

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August 4, 2011

Milk

Milk is a white liquid produced by the mammary glands of mammals. It is the primary source of nutrition for infants before they are able to digest other types of food. Early-lactation milk contains colostrum, which carries the mother’s antibodies to the baby and can reduce the risk of many diseases in the baby. The precise components of raw milk vary by species and by a number of other factors, but it contains significant amounts of saturated fat, protein and calcium as well as vitamin C.

In almost all mammals, milk is fed to infants through breastfeeding, either directly or by expressing the milk to be stored and consumed later. Some cultures, historically or currently, continue to use breast milk to feed their children until they are seven years old. Human infants sometimes are fed fresh goat milk, but there are known risks in this practice, such as developing a host of allergic reactions.

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August 4, 2011

Jack Herer

hemperor by mike tucker

Jack Herer (1939 –  2010) was an American cannabis activist and the author of ‘The Emperor Wears No Clothes,’ a book which has been used in efforts to decriminalize cannabis. A former Goldwater Republican, he believed that the cannabis plant should be decriminalized because it has been shown to be a renewable source of fuel, food, and medicine that can be grown in virtually any part of the world. A specific strain of cannabis has been named after Herer that has won several awards, including the 7th High Times Cannabis Cup. He ran for US President twice, in 1988 (1,949 votes) and 1992 (3,875 votes) as the Grassroots Party candidate. In July 2000, he suffered a minor heart attack and a major stroke, resulting in difficulties speaking and moving the right side of his body. He mostly recovered, and claimed in 2004 that treatment with amanita muscaria, a psychoactive mushroom had cured him. He died six years later, aged 70.

European experts on hemp, like Dr. Hayo Van der Werf and Dr. Ivan Bûcsa, criticized Herer’ for making unrealistic claims regarding the potential of hemp, for example:  Herer claimed that hemp produces higher yields than other crops. Van der Werf argue that is simply wrong. Under most favorable growing conditions, other crops such as maize, sugar beet or potato produced similar dry matter yields. Herer also claimed that hemp hurds, which make up 60 to 80 % of the stem dry weight, contain 77 % cellulose. Van der Werf argue that is wrong. Cellulose content of hemp hurds has been found to vary between 32 and 38 %. Possibly, Herer confused the hurds, which form the woody core of the hemp stem, with the bark, which forms the outer layer of the hemp stem. The bark contains the long bast fibers which are used in textile manufacturing.