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COS News: World Updates 8.12.09


Population of People Without Malls May Hit 6 Billion in 2011
The world's population is forecast to hit 7 billion in 2011, the vast majority of its growth coming in places that have no malls. A staggering 97 percent of global growth over the next 40 years will happen in places where they don’t even have one Borders or Barnes&Noble, according to the Population Reference Bureau.

Thousands of Food Industry Workers Line up Outside Hospitals For Promise of Health Care
Thousands get in a line almost as crazy as the last Santana concert in hope of getting into this health care thing.


Post Bankruptcy Analysis Reveals GM Was Destroyed by 4000 Spreadsheets
While pre-bankruptcy consensus was that GM was being held back by more than 73,000 overpaid unionized workers who built cars that 8,500 dealers actually tried to sell, post-bankruptcy analysis revealed that the real problem lie in over 4,000 spreadsheet that rendered no intelligent management sense whatsoever.

Bernanke Injects Himself With Caffeine, Despite Risks
Bernanke has presented the most upbeat assessment of the economy in more than a year, but behind the scenes, could this be the result of another stimulus package?