Bubble Watch: Chinese Property Edition

Hamilton Nolan · 10/22/13 02:22PM

The global economy is like a boiling pot of water— full of bubbles. Or you might say it's like a glass of soda—full of bubbles. Starting small, inflating, and finally bursting—bubbles. Where will he next economic bubble"pop up," ha? Perhaps in a land far, far away.

Americans Done With U.S. Democracy, But What Will They Choose Instead?

Ken Layne · 10/22/13 12:47PM

Having learned what happens when giant babies are elected to govern the United States, Americans are very disgusted with their government. They like the Medicare and Medicaid and Social Security and Obamacare and Prescription Drug Benefits, but they don't like democracy, which is a pretty weird way to run a country.

Local News Stations Cover Deluge of Horrifying Diarrhea Sludge

Max Read · 10/22/13 12:09PM

If there was one good thing to come out of our sister site Deadspin's sad, incoherent, and deeply embarrassing ranking of "foods of the states," it was this: A dozen local news anchors saying "horrifying diarrhea sludge" over and over again.

Max Read · 10/22/13 11:57AM

Apple is about to announce a new iPad right now and the only blog in the world whose liveblog is worth reading is Gizmodo, whose account is located here.

Here's What a Hedge Fund Profit-And-Loss Statement Looks Like

Hamilton Nolan · 10/22/13 11:49AM

Hedge funds are privately controlled and notoriously secretive investment firms with billions of dollars in assets. Here's a document listing all of the income, salaries, and spending for one hedge fund over several years.

Hamilton Nolan · 10/22/13 11:35AM

Some PR people have declared today to be "Snark Free Day." Well then, fuck you sincerely.

Wall Street Is Doing Fine, Do Not Worry

Hamilton Nolan · 10/22/13 11:05AM

A new report predicts that Wall Street's profits in the second half of the year will be only half as much as they were in the first half of the year. Not to worry—they're still doing okay.

Parents Have Own Kids Arrested for Throwing Party Without Permission

Neetzan Zimmerman · 10/22/13 10:15AM

Having watched one too many teen comedies, a pair of high school students from Glastonbury, Connecticut, decided to take advantage of their parents' weekend-long absence to throw a party, figuring they would easily weasel out of any hi-jinks that might ensue should their parents return home early.

How Low an IQ Is Too Low to Be Executed?

Hamilton Nolan · 10/22/13 09:37AM

The Supreme Court is set to review the case of Freddie Lee Hall, a mentally retarded man in Florida who was sentenced to death for participating in a rape, robbery, and two murders. They tackle two main questions: How high an IQ should be necessary for capital punishment? And is IQ measurement even precise enough to be used in cases like this?