America in the midst of a baby bust

Once a country’s fertility rate falls consistently below replacement, its age profile begins to shift.

Chinese women have been subjected to China’s brutal one-child policy for more than 30 years. Women who try to have more children have been subjected to fines and forced abortions. Their houses have been razed and their husbands fired from their jobs. As a result, Chinese women have a fertility rate of 1.54. Here in America, white, college-educated women—a good proxy for the middle class—have a fertility rate of 1.6. America has its very own one-child policy. And we have chosen it for ourselves.

 

 

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Why do Americans love the iPhone but hate Android

Americans prefer the iPhone over Android.

Americans overwhelmingly prefer iPhone over Android while the rest of the world has overwhelmingly embraced Android.  According to IDC, Android has a 75% market share in smartphones, versus 15% for Apple, worldwide.  But in the U.S. the iPhone still rules.  Sixty-three percent of smartphone sales at Verizon and 84% of smartphone sales at AT&T are the iPhone.

 

 

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Is there more to life than being happy?

There is more in live than being happy.

Viktor Frankl, a prominent Jewish psychiatrist and neurologist in Vienna, was arrested and transported to a Nazi concentration camp with his wife and parents in September 1942. When his camp was liberated three years later, most of his family, including his pregnant wife, had perished, but Frankl, prisoner number 119104, had lived.  In Man’s Search for Meaning, Frankl’s bestselling 1946 book, he wrote in nine days about his experiences in the camps, he concluded that the difference between those who had lived and those who had died came down to one thing: Meaning, an insight he came to early in life. When he was a high school student, one of his science teachers declared to the class, “Life is nothing more than a combustion process, a process of oxidation.” Frankl jumped out of his chair and responded, “Sir, if this is so, then what can be the meaning of life?”

 

 

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Chinese college graduates reluctant to pursue blue collar jobs

Graduates in China say no thank you to factory jobs.

Guangzhou, China, a city with a population of 15 million, is the hub of a manufacturing region where factories make everything from T-shirts and shoes to auto parts, tablet computers and solar panels. Despite the factories offering double-digit annual pay increases and better benefits, many are desperate for workers.

 

 

 

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Bitcoin-based casino rakes in more than $500,000 profit in six months

Bitcoins are completely digital, so you can’t spend actual ones like these (non-digital ones) at a digital casino.

As various tech companies report their fourth-quarter 2012 earnings numbers this week, so are two gray-market, Bitcoin-based casinos—and one is turning profits in the hundreds of thousands of dollars after only six months of being in business

Recently, both SatoshiDice and bitZino released their financials. If these self-reported earnings are to be trusted (and the companies say they are, given that a Bitcoin block chain can be read by anyone), then running a Bitcoin-based casino yields a tidy profit.

“These tiny startups are hitting some major online casino pain points, they’re crushing it on those fronts and as an entrepreneur, I think that’s rad—they are leveraging a disruptive technology to try and kick a large-scale industry in the balls,” said Peter Vessenes, the CEO of CoinLab, a Bitcoin-based business, which got $500,000 of venture capital last year.

 

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