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Thursday, October 21, 2021

Daily Digest 10/21 — America’s “Big Quit”; “Shortages, Not Inflation, Is Plaguing Us” Claims FED

Economy

What’s plaguing the American economy? According to the Fed, it’s shortages

Supplies may be dwindling, but complaints about “shortages” are surging.

The ‘Big Quit’ Tells a Bigger Economic Story

The Great Resignation is more than just the sum of its quits; the pandemic is restructuring the economy, and forcing fundamental changes in the way that Americans think about work.

Environment

Document leak reveals nations lobbying to change key climate report

A huge leak of documents seen by BBC News shows how countries are trying to change a crucial scientific report on how to tackle climate change.

China’s future food demand and its implications for trade and environment

Satisfying China’s food demand without harming the environment is one of the greatest sustainability challenges for the coming decades.

Health

Report warns of climate change’s ‘code red’ impact on health

A new report published Wednesday warns of the severe impact of climate change on human health, and says the prognosis is only getting worse.

Flights cancelled, schools closed as China fights new Covid outbreak

Authorities in China cancelled hundreds of flights, closed schools and ramped up mass testing battling an outbreak they claim was caused by tourists.

The post Daily Digest 10/21 — America’s “Big Quit”; “Shortages, Not Inflation, Is Plaguing Us” Claims FED appeared first on Peak Prosperity.



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