The Next Economic Bubble

The Federal Reserve's planned injection of $650 billion into the Treasury is creating investment where there otherwise wouldn't be. In other words, a bubble, says Jesse Eisinger.

[The Fed's new round of quantitative easing] feels like an ominous replay of recent Federal Reserve emergency actions, which led to bigger and bigger bubbles. The Fed brokered the rescue of Long-Term Capital Management, bailing out the investment banks that had lent to the collapsing hedge fund. The Fed pumped money into the economy to save us from the Y2K computer bug. The Fed tried to rescue the economy from the bursting of the Nasdaq bubble, helping to create the housing bubble. It’s like the exhausted "Saw" movie franchise. This isn’t just a sequel. It’s more like the third iteration of the second reboot—harder core, baser and for serious liquidity heads only.

Develop mindfulness to boost your creative intelligence

Sharon Salzberg, world-renowned mindfulness leader, teaches meditation at Big Think Edge.

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Google Maps apologizes for going rogue in Japan

The navigation tool has placed a school in the sea, among other things.

Strange Maps
  • Google has apologized for the sudden instability of its maps in Japan.
  • Errors may stem from Google's long-time map data provider Zenrin – or from the cancellation of its contract.
  • Speculation on the latter option caused Zenrin shares to drop 16% last Friday.
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This is the best (and simplest) world map of religions

Both panoramic and detailed, this infographic manages to show both the size and distribution of world religions.

(c) CLO / Carrie Osgood
Strange Maps
  • At a glance, this map shows both the size and distribution of world religions.
  • See how religions mix at both national and regional level.
  • There's one country in the Americas without a Christian majority – which?
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A new theory explains Jupiter’s perplexing origin

A new computer model solves a pair of Jovian riddles.

(NASA/JPL-Caltech/SwRI/MSSS/Kevin M. Gill)
Surprising Science
  • Astronomers have wondered how a gas giant like Jupiter could sit in the middle of our solar system's planets.
  • Also unexplained has been the pair of asteroid clusters in front of and behind Jupiter in its orbit.
  • Putting the two questions together revealed the answer to both.
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