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Here is the breakdown of the five best job categories:

  • Minimum wage food services and drinking places - a component of leisure and hospitality - remained the highest growing subindustry curiously adding +34,000 jobs despite anecdotal evidence of increasing layoffs by restaurants across the country. Over the year, the industry has added 312,000 jobs.
  • Education and health, the other low-paid category, saw the highest monthly increase, with 39,000 jobs added in the month.
  • Last month's surge in Professional services is now gone, with only 25K jobs added in the sector.
  • The "top 5" categories are rounded off by government, which added 25K jobs (as a reminder, government workers do not "produce" anything) and the minimum wage Retail Trade, which notched another 15K jobs, many of whom will soon be replaced by robots.
On the other side, the deterioration in the high paying jobs continued, with manufacturing, construction and high-paid mining and logging jobs all posting monthly declines of 14K, 6K and 4K respectively.
 

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They beat down NFP to push rate hike beyond the election.

The last 4 big crashes were right on time.... 1987, 1997, 2007. I don't know if the next crash would have same magnitude of the crash in 2008, I'm guessing the S&P would bottom at around 1100-1200 when the Fed is forced to unleash another round of QE. This bull is definitely aging. Keep your powder dry fellas, better be safe than be sorry.
 

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consolidated%20debt%20to%20gdp%20Q1%202016.jpg
 

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[h=1]Eastern gorilla now critically endangered due to illegal hunting[/h]Humanity has moved a step closer to wiping out our closest evolutionary relatives, with four of the six great ape species now listed internationally as critically endangered.
The International Union for Conservation of Nature (IUCN) has listed the eastern gorilla, the largest living primate, as critically endangered in its latest “red list” of threatened species. The eastern gorilla has suffered a 70% population collapse over the past 20 years, primarily due to illegal hunting.
The parlous state of eastern gorillas is matched by three of the other great ape species already listed as critically endangered, a classification that is just one rung above extinction. The western gorilla, the Bornean orangutan and Sumatran orangutan are classed as critically endangered. Chimpanzees and bonobos are deemed endangered.
“We are driving our closest living relatives to extinction, which is sickening,” said Dr M Sanjanyan, vice-president at Conservation International.

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A baby gorilla with its mother. Mountain gorilla numbers have rallied in recent years, but just 800 remain in the wild. Photograph: Paul Souders/Getty Images“If we can protect our large primary forests and make local and indigenous people the beneficiaries of that, we’ll continue to share the world with great apes. If we don’t, we’re done. We’ll have a few relics left but, ecologically speaking, the great apes will be gone.”
The eastern gorilla, or Gorilla beringei, is composed of two subspecies – mountain gorillas and Grauer’s gorilla – found in pockets of rainforest in Uganda, Rwanda and the Democratic Republic of Congo (DRC). While mountain gorilla numbers have rallied in recent years, just 800 of them remain. There are approximately 3,800 Grauer’s gorillas, down from about 20,000 in the 1980s.
The Rwandan civil war of the early 1990s “hammered” Grauer’s gorilla numbers, according to John Robinson, a primatologist at the Wildlife Conservation Society. Refugees moved into the ape’s heartland in the Kahuzi-Biéga national park, in the eastern DRC, set up small-time mining operations and turned to the gorillas as a source of meat. Civil unrest has also led to the illegal poaching of mountain gorillas.
While hunting and habitat disturbance have diminished apes in Africa, their counterparts in Indonesia and Malaysia have suffered from the cultivation of palm oil, which is used in many common food and cosmetic products. Indonesia has the most rapid deforestation rate in the world, leaving many orangutans dead, orphaned or captured by farmers.
“We are fighting on many fronts to save the apes,” said Robinson. “We are by far the most successful of the great apes and have pushed our cousins right up against the wall. We came out of the forest and converted those forests into other areas. Apes’ habitat preferences make it difficult for them to live in a human-dominated world.

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A Sumatran orangutan with its baby. The cultivation of palm oil in Indonesia and Malaysia has left many orangutans dead, orphaned or captured by farmers. Photograph: Romeo Gacad/AFP/Getty Images“The idea of losing great apes is so difficult to comprehend that when push comes to shove I think we will invest resources into conserving them. But they really are down to the wire.”
Jane Goodall, the renowned primatologist, said that apes are facing huge problems around the world and blamed corrupt governments and the interests of big business for their plight. “Unfortunately, the progress we are making is on greater awareness – overall the numbers [of apes] are still falling,” she said.
“It’s worst in Indonesia with palm oil and the orangutans, but we are now seeing palm oil move into Africa. We’re also seeing a resurgence of chimpanzees in the pet trade we thought that had more or less stopped. Some of the protected places are working well, some aren’t. We will lose more apes, but we are not going to lose.”
The latest IUCN red list has better news for the giant panda, which has improved from endangered to vulnerable. Previously the subject of laboriously unsuccessful breeding programmes, pandas have benefited from efforts by the Chinese government to protect forests. However, climate change is a looming threat, with more than a third of the panda’s bamboo habitat set to disappear by the end of the century.
“This reclassification recognises decades of successful conservation efforts led by the Chinese government and demonstrates that investment in the conservation of iconic species like giant pandas does pay off – and benefits our society as well as species,” said Lo Sze Ping, chief executive of the China office of WWF, which has had a panda as its global logo since 1961.

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The giant panda has improved from endangered to vulnerable on the IUCN red list. Photograph: IUCN/PA“Everyone should celebrate this achievement, but pandas remain scattered and vulnerable, and much of their habitat is threatened by poorly planned infrastructure projects. And remember: there are still only 1,864 left in the wild.”
Australia, a hotspot for species extinctions, has made progress with the bridled nailtail wallaby, which has improved from endangered to vulnerable. But the koala is now listed as vulnerable when previously it wasn’t considered in danger at all, due to habitat loss, forest fires, drought and disease.
Elsewhere, the previously abundant plains zebra has moved from least concerned to near threatened due to a spike in hunting for meat and skins. A trio of antelope species found in Africa are also now near threatened for the same reason.
“Illegal hunting and habitat loss are still major threats driving many mammal species towards extinction,” said Carlo Rondinini, coordinator of the mammal assessment at Sapienza University of Rome.
Two plant species have been rediscovered in Hawaii, which is also the location of the IUCN congress that began on Thursday. Mark’s cyanea and hairy wikstroemia, both endemic to the US state, were both thought to be extinct but small numbers of each species were recently found.
In total, the IUCN assessed 82,954 plant and animal species, with 23,928 classed as threatened in some way. Of the 5,107 species considered critically endangered, around half are plants, with amphibians, molluscs and fish also having large numbers of species on the brink of extinction.
The IUCN congress has the theme Planet at the Crossroads, with many scientists at the gathering expressing alarm that a pernicious mix of climate change, habitat loss and hunting is driving what’s been termed the “sixth great extinction” of the Earth’s flora and fauna.
 

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[h=1]Oklahoma Quake Matches Record Even After Fracking Waste Restricted[/h]Oklahoma registered one of its biggest earthquakes Saturday even after state regulators have beefed up limits on disposing oilfield waste and the rate of tremors had started to slow somewhat from unprecedented levels last year.
The tremor in central Oklahoma was felt from Texas to Illinois, measuring 5.6 in magnitude and tying a state record set in 2011, according to the U.S. Geological Survey. The number of earthquakes measuring 3.0 or higher reached 890 last year, followed by 375 this year through June 22. At that rate, the number of earthquakes would fall to less than 800 this year, still a far cry from only two in 2008.
As oil production surged in the state, with the Scoop and Stack areas among the most coveted new plays in the country, so too did the disposal of wastewater from fracked fields that scientists have tied to earthquake activity. Several producers, and now the U.S. Environmental Protection Agency, are facing lawsuits because of seismic activity allegedly linked to oilfield wastewater disposal in Oklahoma and other states.
“Without studying the specifics of the wastewater injection and oil and gas production in this area, the USGS cannot currently conclude whether or not this particular earthquake was caused by industrial-related, human activities,” the agency said Saturday in a statement. “However, we do know that many earthquakes in Oklahoma have been triggered by wastewater fluid injection.”
[h=3]Disposal Wells[/h]The Oklahoma Corporation Commission, which regulates oil and gas activity in the state, has been issuing restrictions for more than a year aimed at cutting down on the amount of wastewater injected into underground wells. There are about 35,000 active wastewater disposal wells, though only a few dozen have been linked to quakes, according to a Bloomberg Intelligence report in May, citing the USGS.
Saturday’s earthquake, near a complex of oil-storage facilities, led the regulator to order the suspension of about 37 wastewater-disposal wells. The commission was contacting the operators of the wells in a 500-square-mile area around the town of Pawnee, Governor Mary Fallin said in a Twitter post. Oil storage and pipeline facilities at Cushing, 25 miles (40 kilometers) south of Pawnee, were undamaged, according to the commission and four of the companies that operate there.
The quake was followed by at least eight others measuring as much as 3.6, according to the USGS.
[h=3]Fracking Boom[/h]Oklahoma, a region previously not known for intense seismic activity, began having a significant number of earthquakes in 2009, the same year area oil companies began using fracking to shatter deep rock layers to extract oil and gas. Fracked wells produce large quantities of wastewater, which drilling companies inject into ultra-deep disposal wells.
Saturday’s tremor hit the area about 7:02 a.m. Oklahoma time, the USGS said. It was also felt in Kansas, Missouri, Texas, Arkansas, Tennessee, Iowa, Illinois and Indiana, according to USGS’s reporting system for members of the public.
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Officials for Enterprise Products Partners LP, Kinder Morgan Inc., Magellan Midstream Partners LP and Enbridge Inc., which operate petroleum terminals, pipelines and storage facilities in Cushing, said their sites sustained no damage and that operations were normal. Last week, the crude storage levels at Cushing stood at nearly 64 million barrels, according to the Energy Information Administration data.[h=3]Cushing Terminal[/h]“Following the earthquake, Enbridge employees were directed to conduct visual inspections of tanks, manifolds and other facilities,” spokeswoman Jennifer Smith said in an e-mail. “The Cushing terminal is currently operating normally.”
A spokesman for the Oklahoma Corporation Commission, Matt Skinner, offered similar comments.
Tremors were also felt at the Cooper Nuclear Station in Brownville, Nebraska, about 350 miles north of Pawnee, but operations were unaffected and no damage was reported, said Drew Niehaus, a spokesman based at the plant.
Oil and gas explorers that injected wastewater in the state include SandRidge Energy Inc., Chesapeake Energy Corp. and Range Resources Corp.
“Evidence linking oil and gas activity to earthquakes is mounting, along with legal and policy challenges,” Peter Pulikkan and Rob Barnett, analysts at Bloomberg Intelligence, wrote last month in a report.
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bushman
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I wouldn't bother worrying about the planet Tiz, it's totally fucked and the middle class handwringing industry hasn't changed diddly in 50 years. Money rules.

Save yourself and your family
 

the bear is back biatches!! printing cancel....
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Just observing mankind being dumbasses ... sad but it is what it is... not doing the kid thing so don't really care as far as my own personal life/existence... I live a comfortable life and likely will continue to till I kick the bucket..

heres hoping future generations wake up to some extent and quit chasing materialistic nonsense.. And wake up to all the lies and propaganda pushed by elitist interests.. Baby boomer generation really put us on a course of self destruction
 

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[h=1]Trump Slams Yellen: The Fed Has Created A "Stock Bubble" And "A False Economy" To Boost Obama[/h]One month ago, Donald Trump urged his followers to sell stocks, warning of "very scary scenarios" for investors, and accused the Fed of setting the stage for the next market crash when he said that “interest rates are artificially low” during a phone interview with Fox Business. "The only reason the stock market is where it is is because you get free money."
Earlier today, speaking to a reporter traveling on his plane who asked Trump about a potential rate hike by the Fed in September, Trump took his vendetta to the next level, saying that the Fed is "keeping the rates artificially low so the economy doesn't go down so that Obama can say that he did a good job. They're keeping the rates artificially low so that Obama can go out and play golf in January and say that he did a good job. It's a very false economy. We have a bad economy, everybody understands that but it's a false economy. The only reason the rates are low is so that he can leave office and he can say, 'See I told you.'"

He then lashed out at Yellen, whom he accused of having a political mandate when conducting monetary policy: "So far, I think she's done a political job. You understand that."
On whether we can have a rate hike in September: "Well, the only thing that's strong is the artificial stock market. That's only strong because it's free money because the rates are so low. It's an artificial market. It's a bubble. So the only thing that's strong is the artificial market that they're created until January. It's so artificial because they have free money... It's all free money. When rates are low like this it's hard not to have a good stock market."
His conclusion: "At some point the rates are going to have to change."
Indeed they will, and that's precisely what almost every bank, from Goldman yesterday to Citi today, and many others inbetween, have been warning about in recent months.
Until recently, Trump's latest anti-Fed outburst would have been swept under the rug as just another example of the deranged ramblings of an anti-Fed conspiracy theorist (trust us, we've been there). However, considering the spike in anti-Fed commentary in recent weeks coming from prominent, and established institutional sellside analysts all the way to the WSJ, it may be that Trump was once again simply saying what everyone else thought but dared not mention.
 

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The Chinese are showing the world their childish side now, probably because of those South China sea tensions, and publicly displaying a complete lack of respect

There's gonna be trouble with them, no doubt about it
I would like to thank the capitalists for making China so powerful, just as they did with Germany

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'Abruptly met'

American reporters who travelled to the summit with President Obama from Hawaii said that Chinese security guards prevented them from watching the president disembark from the belly of the plane - something normally only done on high-security trips to places like Afghanistan - because there was no red carpet welcome.

"We were abruptly met by a line of bright blue tape, held taut by security guards. In six years of covering the White House, I had never seen a foreign host prevent the news media from watching Mr Obama disembark," Mark Landler of the New York Times reported.

When a White House staff member protested to a Chinese security official that this was a breach of protocol, the official was reported to have shouted: "This is our country."

National Security Adviser Susan Rice - one of the president's most senior members of staff - joined in the row along with her deputy, the New York Times reported, remonstrating with Chinese officials.

The South China Morning Post on Sunday reported an official as saying that China provides red carpets to welcome every arriving state leader, "but the US side... turned down the proposal and insisted that they didn't need the staircase provided by the airport".

More tensions between the two sides broke out at the West Lake State House, where Mr Obama met President Xi Jinping.

White House aides, protocol officers and Secret Service agents became embroiled in a row with Chinese officials as to how many Americans should be allowed into the building before Mr Obama's arrival. At one point there were fears the confrontation could become physical, the New York Times reported.

The president pointed out that this was not the first time there had been tension with the Chinese over security and news media access during his travels.

"But this time," he said, "the seams are showing a little more than usual."

http://www.bbc.co.uk/news/world-asia-china-37269719
 

bushman
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Baby boomer generation really put us on a course of self destruction

I was a pre-pill baby boomer child and you were a post-pill population crash child, you can blame the scientists for that particular "scientific progress" if you like
The Baby boomers and population crashers

The problem with being one of a scientifically generated minority is that the pre-scientific majority do tend to call the shots
 

bushman
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The pill, coupled with a capitalist system which punishes women who get pregnant, a system which makes women poorer and gives them less opportunities for producing children, resulted in an inevitable population crash.
 

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Huh .... world population still growing.. Just slowing in western world.. No "crash"

earth already has too many humans/more than it can comfortably/sustainably support long term..IMO.. While us middle class and up westerners live in luxury like kings much of the world is in poverty.. And due to our presence we are now causing a mass extinction event for the rest of the species we "share" (more like pillage) the world with... Which will ultimately cause major issues for mankind itself down the road..
 

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[h=1]First Manufacturing, Now Services Signal Cracks in U.S. Economy[/h]Some cracks could be starting to appear in the picture of an otherwise resilient U.S. economy.
An abrupt drop in the Institute for Supply Management’s services gauge on Tuesday to a six-year low is the latest in a string of unexpectedly weak data for August. Other less-than-stellar figures include an ISM factory survey showing a contraction in manufacturing; a cooling of hiring; automobile sales falling short of forecasts; and an index of consumer sentiment at a four-month low.
While there is hardly any evidence that growth is falling off a cliff, the run of disappointing figures make it tougher to argue that the underlying momentum of the world’s largest economy is holding up. It also potentially complicates the task of Federal Reserve policy makers, who are debating whether to raise interest rates as soon as this month; traders’ bets on a September move faded further after the report on service industries, which make up almost 90 percent of the economy.
“The latest set of ISM numbers is shockingly weak,” said Joshua Shapiro, chief U.S. economist at Maria Fiorini Ramirez Inc. in New York. “It certainly gives the doves at the Fed more ammunition. It makes the Fed’s conversation at the September meeting that much more contentious.”
The ISM’s non-manufacturing index slumped to 51.4, the lowest since February 2010, from 55.5 in July, the Tempe, Arizona-based group reported. The figure was lower than the most pessimistic projection in a Bloomberg survey. The ISM measures of orders and business activity skidded by the most since 2008, when the U.S. was in a recession. Readings above 50 indicate expansion.
Stocks fell, bonds climbed and the dollar weakened against most of its major peers after the data were released.
[h=3]‘Close Call’[/h]Shapiro said while his firm’s forecast is for a rate hike at the Sept. 20-21 meeting, “it’s a very close call and almost a toss-up” at this point given the recent data.
Goldman Sachs Group Inc. economists led by Jan Hatzius, who last week said the August payrolls gain was “just enough” for a large majority of Fed officials to support a September rate increase, on Tuesday said the ISM manufacturing and services gauges “may have some bearing” on the Fed’s decision this month.
The setback to demand for services is a surprise given that households are still spending at a solid clip and home sales remain sturdy. The weakness across services and manufacturing may reflect adjustments to capital-spending plans amid declining corporate profits.
Seven of 18 industries in the ISM services survey showed a contraction in August, including retail; arts and entertainment; transportation and warehousing; and mining. That compares with three industries in the July survey.
The report “still reflects growth, just at a much slower rate,” Anthony Nieves, chairman of the ISM non-manufacturing survey, said on a conference call with reporters. Given that the July pace seemed unsustainable, there’s a need to see how the data pan out in the coming months before concluding whether the August slowdown is a trend, he added.
[h=3]Possible ‘Fluke’[/h]Some analysts were reluctant to take the reading at face value. Ian Shepherdson, chief economist at Pantheon Macroeconomics Ltd., said the report looks like a “fluke.” In a research note, he added that the slowdown services was “just as big a mystery as the drop in the manufacturing index.”
In the services report, the business activity index, which parallels the ISM’s factory production gauge, dropped to 51.8 from the prior month’s 59.3. It was the lowest level since January 2010 and the steepest slide since November 2008.
Economists still project a third-quarter rebound in economic growth after an anemic first half. Nonetheless, the latest ISM report raises some concern about whether the weakness in manufacturing is spilling over into the broader services sector.
Investors may get more clues on the Fed’s direction when San Francisco Fed President John Williams speaks later Tuesday, along with other policy makers scheduled for the coming days. The government will also release figures on retail sales and inflation next week.
Such speeches and data will “take the reins in guiding near-term Fed rate hike expectations,” Brittany Baumann, macro strategist at TD Securities in New York, wrote in a note. Still, the services gauge “does little to quell concerns over a weakening in broader economic momentum.”
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bushman
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Getting interesting now, lol

"Infowars claims the aide helping her is actually a doctor and an item he is holding in his hand is an injection pen for the drug diazepam, which can be used to treat seizures. (Fact checking website Snopes says it actually was a small torch.)"

Soooo. How many people do you know run around with a small torch in their hand on a bright sunny day?

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--------------------------------------------
Hillary health issues: From Twitter theories to a Trump speech

In the 2016 presidential campaign, the line between fringe theory and stump speech material is blurring.

In less than a month, unsubstantiated claims about Hillary Clinton's health have gone from chatter on Twitter to an attack line by Republican presidential nominee Donald Trump.

Without offering any evidence, Mr Trump said in Ohio on Monday that she "lacks the mental and physical stamina to take on Isis [Islamic State] and all of the many adversaries we face". Mr Trump, 70, is almost two years older than Mrs Clinton.

Most of the latest reports on her health assert that she never recovered from a blood clot that she suffered in 2012, and is keeping her frailty secret.

Her doctors say she fully recovered after surgery. Last year, in a letter accompanied by test results, her personal doctor Lisa Bardack said "she is in excellent physical condition and fit to serve as the president of the United States".

Infowars addresses the photo of Mrs Clinton on the stairs. Infowars claims the aide helping her is actually a doctor and an item he is holding in his hand is an injection pen for the drug diazepam, which can be used to treat seizures. (Fact checking website Snopes says it actually was a small torch.)

http://www.bbc.co.uk/news/election-us-2016-37090082
 

the bear is back biatches!! printing cancel....
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Yeah "they" better hope she can make it through the debates without looking sick/weak.. Think she'll destroy trump in debates other than potential health issues.. But I guess we shall see soon..

Only 2 months left to keep the latest bubble afloat and get their usual establishment puppet in the big house...

presidential%20election.jpg
 

bushman
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Even if Clinton goes completely la-la like Reagan did in the 1984 debate versus Walter Mondale will they go for a re-run like they did back in 1984? (If Trump even lets them lol)

It's possible that too much time standing up in the hot sun tripped Clintons relays back in February, if a debate has them both standing up on a podium in the studio lights for 90 minutes she may not be capable of handling it
 

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[h=1]AeroFarms Is an Incredible Idea. Here’s What You Should Know About This Radical Farm.[/h][COLOR=rgba(0, 0, 0, 0.65098)]
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AeroFarms is set to open a 69,000-square-foot farm in Newark, NJ this month, but don’t picture Old MacDonald EIEIO. It’s an indoor, “vertical farm” built inside a converted steel factory.
And thanks to high-level science and intense data collection, greens will grow tall and mighty inside of it’s walls… without sun or soil and barely any water (95% less than a conventional outdoor farm).
[h=4]That’s insane. How?[/h]Inside of AeroFarms’ facility, there are no seasons, nights, or days, and things like light, temperature, and humidity are tightly controlled.
Instead of sunlight, LED tubes shed light on the plants at the precise wavelengths each one needs to thrive. Instead of soil, plants grow on a cloth made of recycled materials.
And instead of roots soaking up the natural nutrients of the Earth, there’s a “solution chamber” where said roots are “misted” with the precise nutrients they need.
Think of it like ‘The Matrix’ except heads of lettuce on a tray instead of Neo in a tube.
[h=4]Adding data science to the mix[/h]To ensure that the plants are treated like royalty, the company collects lots of data to create algorithms for desired growth.
In many ways, the “growing towers” where these greens spend their days are more like computers than farms, full of sensors and blinking lights… as opposed to rakes and cow poop.
“We think of ourselves as plant whisperers, listening and observing everything we can do to optimize our plants,” says AeroFarms co-founder Marc Oshima. “Our growing approach is really leading the way, marrying biology, engineering, and data science.”
[h=4]The future[/h]When 2030 arrives, the world’s population is expected to hit 8.5B people, and innovation is desperately needed to feed all those people.
Thus, it’s not at all surprising that AeroFarms has plenty of competition in the vertical farm game, including Elon Musk’s brother and LA-based Local Roots.
No pressure, guys! It’s not like we need this method to work to ensure the survival of the human race or anything.
 

bushman
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The hydroponic industry has been around for a long time now, I visited a place in the mid 80s up in the middle of nowhere in the Highlands which grew various exotics like tomatoes all year round.
It's achilles heel was always price, the food was expensive to produce.

Modern Technology should help to make things cheaper though
 

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