Aquí es donde estaba la hija de Cañete, no? Y la sustituía la sobrina de De Guindos? Supongo qoue lo que tiene ser juez y verdugo. Ausencia de fuentes secundarias de liquidez, escasa pertenencia a la plataforma de contratación común, enormes diferencias entre los precios de venta y el valor real de preferentes y deuda subordinada, coexistencia de emisiones con diferentes retribuciones o precios más … Seguir leyendo Las 5 claves del informe de la CNMV que pudo haber evitado 12.000 millones en pérdidas a los ciudadanos

Pensions, Unemployment, InterestonPublicDebt, Consume 54% ofSpain’sBudget; DebtHits 100% ofGDP; Expect Plan "B" or Plan "C" http://feedproxy.google.com/~r/MishsGlobalEconomicTrendAnalysis/~3/XEMAockPI-Y/pensions–unemployment–interest–on.html On Monday, Spain reported that its debt–to–GDP ratio wouldhit 100% in 2014. Spain’s public debt will soar to nearly 100 percent of output at the end of 2014, the government said Monday, despite massive spending cuts that have triggered angry street protests. Spain’s ratio of debt to gross domestic … Seguir leyendo Pensions, Unemployment, Interest on Public Debt, Consume 54% of Spain’s Budget; Debt Hits 100% of GDP; Expect Plan “B” or Plan “C”

HowtheEurozoneMightEnd http://www.nakedcapitalism.com/2013/10/how–the–eurozone–might–end.html Yves here. This post by Yanis Varoufakis gives a plausible scenario as to how the Eurozone could unravel. Most commentators believe the country that is most likely to rupture it is Italy. Italy has a primarybudgetsurplus and also has a high saving rate, with the result that even under the gold-standard-like Eurozone, it still funds most of its debt issuance internally. Notice how … Seguir leyendo How the Eurozone Might End

EconomicConfidencePlummets – NYTimes.com http://mobile.nytimes.com/blogs/economix/2013/10/04/economic–confidence–plummets/?_r=0& shared via http://feedly.com Seguir leyendo Economic Confidence Plummets – NYTimes.com

La decadencia de las élites http://crashoil.blogspot.com/2013/10/la-decadencia-de-las-elites.html Queridos lectores, Como muchos de Vds. sabrán, hace unas semanas la capital de España, Madrid, presentaba (creo que por tercera vez) su candidatura para albergar una futura edición de los Juegos Olímpicos. A pesar de la fanfarria mediática que daba por segura la elección de la capital del Reino para albergar este magno evento de gran proyección internacional, lo … Seguir leyendo La decadencia de las élites

Jamie Galbraith: GovernmentDoesn’tHavetoBorrowtoSpend http://feedly.com/k/GDtxtu When the Treasury writes a check, a bank credits an account. That’s money creation. Treasury bonds absorb money, but aren’t needed. Jamie Galbraith on endogenousmoney and US Debt in NYTimes: The debt ceiling was enacted in 1917 for one purpose: to fool the rubes back home. Just as Congress started running up debts to pay for the war, they voted in … Seguir leyendo Jamie Galbraith: Government Doesn’t Have to Borrow to Spend

Cantar a lo Chimo Vallo: – Votos votos; que pasa!! Los 2,5 millones de empleados públicos y los nueve millones de pensionistas tendrán regalo sorpresa en los Presupuestos del año que viene, antes de su aprobación por el Congreso. El Gobierno estudia incluir en ellos la recuperación de una parte de la paga extra que suprimió a los primeros en las Navidades del año pasado, … Seguir leyendo El Gobierno hará guiños a funcionarios y pensionistas con la paga extra de Navidad, los ‘moscosos’ y las prestaciones de viudedad

SteveKeenon Non-EquilibriumEconomics: Lecture 2 http://socialdemocracy21stcentury.blogspot.com/2013/10/steve–keen–on-non-equilibrium–economics_2.html This is Lec­ture 2 (“Lec­ture 2: The Found­ing Fathers of Dis­e­qui­lib­rium Economics”) of a series of 5 lectures by Steve Keen on non-equilibrium economics, given in Quito (Ecuador) at FLACSO (the Latin American Social Sciences Institute) in September, 2013. In this second lecture, Keen examines Marx, Schum­peter, Fisher, Keynes, Michał Kalecki, and Min­sky as dis­e­qui­lib­rium economists. shared via http://feedly.com Seguir leyendo Steve Keen on Non-Equilibrium Economics: Lecture 2

ISMManufacturingindexincreasesinSeptemberto 56.2 http://feedly.com/k/18L1KQl The ISM manufacturing index indicated faster expansion in September. The PMI was at 56.2% in September, up from 55.7% in August. The employment index was at 55.4%, up from 53.3%, and the new orders index was at 60.5%, down from 63.2% in August. From the Institute for Supply Management: August 2013 ManufacturingISMReportOnBusiness® Economic activity in the manufacturing sector expanded in September for … Seguir leyendo ISM Manufacturing index increases in September to 56.2