You may not have noticed it when out buying things in the marketplace in the context of your personal budget, but according to the Wall Street Journal (April 24, 2015) the world is awash with too much stuff. We seemingly have too much of, well, almost everything: too many raw material commodities, too much capital, and too much labor. The world, claims the Journal, is suffering from global gluts.
Americans are obsessed with fat; either with eating it or being it. We’ve been told that we’re too fat and we’re told that eating fat is bad for you. Being fat is your own business. You’ll feel better if you lose a few pounds, but you will enjoy your next meal if it has a fat content rather than being a bland cereal…which explains why so many cereals today have some surgery covering or content.