TheWorld’s 2170 Billionaires Control $33 TrillionInNetWorth, DoubleTheUSGDP http://feedly.com/k/1aP2vuc Before it became a conspiracy fact, the traditional response to all suggestions of a massive Libor/FX/commodity/mortgagerigging cartel was a simple if stupid one: too many people are involved and so it can never be contained. As it turns out not only can it be contained, but when the interests of the "conspiracy" participants are alligned, it can … Seguir leyendo The World’s 2170 Billionaires Control $33 Trillion In Net Worth, Double The US GDP

El futuro fue ayer ¿Recuerdan el bigote de Josemari Ánsar? Por supuesto, ¡qué bigote! Esa especie de roedor que tenía entre boca y nariz parecía cobrar vida propia cuando el erudito y humilde ex-presidente pronunciaba sus elocuentes y siempre convincentes discursos. Era como una pequeña ardilla que temblaba de satisfacción mientras su portador nos aleccionaba en múltiples  idiomas. Que Roald Dahl me disculpe el plagio, … Seguir leyendo …y el neoliberalismo nos pilló jugando al fútbol

BubblephobiaandMonetaryPolicy – NYTimes.com http://feedly.com/k/1cIVR82 shared via http://feedly.com Seguir leyendo Bubblephobia and Monetary Policy – NYTimes.com

Shale gas mythsandreality – part 1 | EnergyMatters http://feedly.com/k/1aN3ScL shared via http://feedly.com Seguir leyendo Mitos y realidades del shale gas

EU "Ayatollahs" KillingItaly’sRecoveryChancesSaysItaly’s Prime Minister; ItalyAttemptsAnother "QuickFix" http://feedly.com/k/1ccGd50 The European budget debate stepped up a notch today as Italy, SpainWarnedonBudget. After Italy rebuffed warnings about its budget, euro-area finance ministers late Friday agreed to give the country additional opportunities to show it can make savings and bolster revenue. The tensions over Italy’s budget grew after Enrico Letta, the country’s prime minister, warned on Friday that … Seguir leyendo EU “Ayatollahs” Killing Italy’s Recovery Chances Says Italy’s Prime Minister; Italy Attempts Another “Quick Fi x”

Expect "DramaticSlowdown" inGermany: Saxo BankAnalysis http://feedly.com/k/1en988z Saxo Bank chief economist Steen Jakobsen had some interesting comments on Germany and German exports given a slowdown in China and a rising Euro. To help put things in perspective, here is a chart on the Euro. Technical analysts will point out this is a bearish break of the trendline, thus the euro may be headed lower. Fundamentally, the … Seguir leyendo Expect “Dramatic Slowdown” in Germany: Saxo Bank Analysis

OilSandsandtheEnvironment – PartII http://feedly.com/k/17PpnLV Introduction Today I continue coverage of my recent visit to the Athabasca oil sands near Fort McMurray, Alberta. I was there as a guest of the Canadian government, which hosts annual tours for small groups of journalists and energy analysts. I will be covering multiple aspects of oil sands production in a series of posts. In last week’s post — OilSandsandtheEnvironment … Seguir leyendo Oil Sands and the Environment – Part II

BitcoinOr A Bank? Here’sHowTheyStackUp http://feedly.com/k/18u6lJu SubmittedbyMichaelKriegerofLibertyBlitzkriegblog, The following graphic was put together by the folks at PromontoryFinancial and is extremely telling. It looks at three ways in which a U.S. citizen might choose to go about sending a $1,000 downpayment to Europe for the purpose of renting a vacation home. They put Bitcoinsidebywithwith a traditionalbankwire as well as a creditcardtransaction. Theresultsmightsurpriseyou… shared via http://feedly.com Seguir leyendo Bitcoin Or A Bank? Here’s How They Stack Up

How I ExplainedBitcointoMy 94-Year-OldMother http://feedly.com/k/1iAQ7lK How I ExplainedBitcointoMy 94-Year–OldMother The Dow fell yesterday. Gold too. But at least Tim Geithner has found a job. Now, he can give up the food stamps … and get off the unemployment rolls. The cronies are taking back one of their own. He’s back on Wall Street – at private equity firm Warburg Pincus. “When they approached me, they … Seguir leyendo Cómo expliqué a mi madre lo que es el Bitcoin

Eurozone Flash PMIShowsSlightGrowth, FranceBackinContraction http://feedly.com/k/17RrZUh The rosy eurozone growth estimates of a few months ago have bitten the dust already with the possible exception of Germany. The Markit Flash EurozonePMI signals slowing growth for second successive month in November, with France leading the way. Flash Eurozone PMI Composite Output Index at 51.5 (51.9 in October). Three-month low. Flash Eurozone Services PMI Activity Index at 50.9 … Seguir leyendo Eurozone Flash PMI Shows Slight Growth, France Back in Contraction