News

As a huge winter storm was bearing down on the midsection of the United States, the media continually broadcast urgent warnings to be prepared for the worst. Snow, freezing rain, sleet, ice and high winds were predicted. When such warnings are made, it seems certain that every supermarket, neighborhood grocery and convenience store will be quickly sold out of bread and milk. This buying frenzy is so predictable that it is the subject of jokes and comedy sketches. “What do people do with all that bread and milk?”

When science-advocate Bill Nye faced off in debate Tuesday night against Ken Ham, CEO of Answers in Genesis, the issue of creationism vs. evolution gained a rare degree of media scrutiny. Nye had called the teaching of creationism “a dangerous choice,” and promoters saw the opportunity for a profitable public event. Certainly much attention came to the subject. But, amid all the controversy, was there something that both participants missed?

In the European Union, there is a new worry—deflation. The economic concern has been inflation in many countries—such as Argentina (about 25 percent according to private economists) and Venezuela (52 percent in 2013). With the United States economy being flooded with liquidity from “quantitative easing” by the U.S. Federal Reserve—along with massive fiscal deficits—many analysts in the United States are concerned that inflation could spike up in the U.S. as well. But in the European Union, the concerns are quite the opposite.