Violent unrest rocks China as crisis hits

A growing number of economists say the unrest proves that it is not the exchange rate but years of sweatshop wages and income inequality in China that have distorted global competition and stifled domestic demand. The influential Far Eastern Economic Review headlined its latest issue “The coming crack-up of the China Model”.

Yasheng Huang, a professor at the Massachusetts Institute of Technology, said corruption and a deeply flawed model of economic reform had led to a collapse in personal income growth and a wealth gap that could leave China looking like a Latin American economy.

The instability may peak when millions of migrant workers flood back from celebrating the Chinese new year to find they no longer have jobs. That spells political trouble and there are already signs that the government’s $585 billion stimulus package will not be enough to achieve its goal of 8% growth this year.

via Violent unrest rocks China as crisis hits – Times Online.

Seretonin causes locusts to swarm

Locust Swarm

The brain chemical serotonin has been linked to mood in people. It plays a role in sexual desire, appetite, sleep, memory and learning, too.

Under certain conditions, locusts triple the amount of serotonin in their systems, changing the insects from loners to pack animals, Burrows and his co-authors report in Friday’s edition of the journal Science.

These packs can be devastating. They affect 20% of the Earth’s land. Last year a swarm nearly four miles long plagued Australia. They also occur in Africa and Asia and have affected the western U.S.

via Common chemical causes locusts to swarm – USATODAY.com.