BitcoinNowWorth More ThanGold http://feedly.com/k/1abCPEx UPDATE: … AndthenBitcoincollapses 13% minutes later… It seems the growing tensions in Asia (Japan-China sabre–rattling and Indian capital controls) have prompted more great rotation out of fiat and into digital currency as China/India markets open. For the first time ever, the price of one unit of Bitcoin exceeds the price of an ounce of gold… 1 ozofGold = $1241.98 (Bloomberg) 1 … Seguir leyendo Bitcoin Now Worth More Than Gold

25% ofSpanishWouldConsiderLeavingSpainforEconomicReasons; ButWhereWouldTheyGo? http://feedly.com/k/1cQgn6U The employment and pay situation in Spain is so bad that 33% struggle to pay their bills. More importantly, 25% would consider leaving the country for better opportunities. Via translation from La Vanguardia, please consider OneinthreeSpaniardshave no moneyafterpayingtheirbills. One in three Spanish claims to have no money left after paying the bills, according to a report on consumer payments. Thestudyfurtherrevealsthat 25% … Seguir leyendo 25% of Spanish Would Consider Leaving Spain for Economic Reasons; But Where Would They Go?

TestosteronePit – Home – TheRajoy Horror PictureShowLumbersOn http://feedly.com/k/ItMz7h shared via http://feedly.com Seguir leyendo Testosterone Pit – Home – The Rajoy Horror Picture Show Lumbers On

ThereIsJust No Escape From Mario Draghi’sMonetary Zombie Nightmare http://feedly.com/k/1bYKnvF On November 7, when the ECB announced a "surprising" rate cut, 67 out of 70 economists whoneversawitcoming, were shocked. We were not. As we observed ten days prior, Europe had just seen the latest month of record low private sector loan growth in history. Or rather contraction. Back than we said that "one of our favorite … Seguir leyendo There Is Just No Escape From Mario Draghi’s Monetary Zombie Nightmare

TheBitcoinParabolaContinues: Up 10% In 12 Hours, Hits $1170 http://feedproxy.google.com/~r/zerohedge/feed/~3/hdQMmbMRk3g/story01.htm Despite the US being largely on holiday, the demand for digital currencies continues to surge. Bitcoin has rallied another 10% overnight as Chinese appetite for alternative stores of value remains unabated (BTC China is nearing its record highs) as USD/BTC is trading at $1170 – on its way to crossing the Maginot line of gold’s spot … Seguir leyendo The Bitcoin Parabola Continues: Up 10% In 12 Hours, Hits $1170

Eurozone M3 moneyplungeflashesdeflationalertfor 2014 – Telegraph http://feedly.com/k/ItGO9H shared via http://feedly.com Seguir leyendo Eurozone M3 money plunge flashes deflation alert for 2014 – Telegraph

BitcoinTops $1000 http://feedly.com/k/1fJiJJY Well that escalated quickly. Having broken above $900 yesterday to new record highs (and a 100% gain in a week), the crypto currency is not looking back now. On what is higher than average volume this morning, Bitcoin just broke above the magic $1000 level for the first time (at $1025). Meanwhile, the BTC China "arb’d" rate is around $950 for those … Seguir leyendo $1000

TheLitecoindisruption http://feedly.com/k/1eAtQBP When things get too expensive, imperfect substitutes become increasingly appealing. It happened to oil with natgas and shale. It happened to gold with copper and silver. Now it seems to be happening with Bitcoin as well. So while Bitcoin traded through $1,000 on Wednesday (depending on which exchangeorservice you use to acquire Bitcoin: it was $1,035 on MTGox, $922 on BTC-e at pixel … Seguir leyendo The Litecoin disruption

A FakeSlumforLuxuryTouristsWhoDon’tWanttoSee Real Poverty http://feedly.com/k/1aO4IHb shared via http://feedly.com Seguir leyendo A Fake Slum for Luxury Tourists Who Don’t Want to See Real Poverty

Inequalityin China http://feedly.com/k/1iSMGqu Many studies find evidence of a growing income inequality in China. However, the majority of these studies may be constructing biased measures of inequality. This column presents evidence from a new study on how inequality in China is overstated if one ignores the spatial differences in the cost of living. With a booming urban housing market that displays a high degree of … Seguir leyendo Desigualdad en China