Are Superbugs A Bigger Threat To The Global Economy Than Terrorism?

Between that Russian plane being taken down by a soda can bomb and the recent Paris attacks, travel is losing some of its appeal.

Last night, for instance, I was at a party talking to a friend who’s retiring soon. When asked about his plans, he said he’d love to visit Italy, where he has some relatives. But not right now. “There’s a lot to see right here in the Pacific Northwest,” he said. “And you don’t have to fly to get there.”

With less tourism comes less trade, and with less trade comes less growth — as if the already-overleveraged and sputtering global economy needed another push towards the edge. See Container freight rates plummet 70% in 3 weeks.

But while we were distracted by ISIS, something potentially even more serious happened in, of all places, a Chinese pig farm: