Growth in low paying jobs and wage deflation for low-income groups – a painful trend

Growth inlowpayingjobsandwagedeflationforlow-incomegroups – a painfultrend http://feedly.com/k/1emWGGk A few weeks back the WSJ published a chart showing that growth in US payrolls has been dominated by low wage jobs (seechart). It’s worth exploring the topic some more. Though not precise, one way to confirm this trend is to look at the "indexes of aggregate weekly hours and private payrolls by industry sector" from the U.S. Bureau … Seguir leyendo Growth in low paying jobs and wage deflation for low-income groups – a painful trend

Tepco Releases Video Of Fukushima Reactor Flooding

Tepco ReleasesVideoOfFukushimaReactorFlooding http://feedproxy.google.com/~r/zerohedge/feed/~3/dG5H8hCooN0/story01.htm It is unclear just why Tepco released the following clip of what it alleges is a leak at Fukushima two and a half years after the infamous March 2011 catastrophe. If it is to restore confidence that it is finally trying to regain control over the Fukushima situation, that is simply laughable: for an organization that had to be nationalized and then … Seguir leyendo Tepco Releases Video Of Fukushima Reactor Flooding

G20: “Siria:Los europeos abandonan a François Hollande”

G20: “Siria:Loseuropeosabandonan a FrançoisHollande” http://feedly.com/k/1adfoh4 "La Unión Europea, miembro de pleno derecho del G20, abandona a Francia a su suerte, dejando a François Hollande más aislado que nunca"*, indicaLeFigaro el día siguiente de la apertura de la cumbre del G20 en San Petersburgo, por el presidente ruso Vladimir Putin. A través de la opinión expresada por los presidentes del Consejo Europeo,Herman Van Rompuy, y de … Seguir leyendo G20: “Siria:Los europeos abandonan a François Hollande”

Poland Confiscates Half Of Private Pension Funds To Cut Sovereign Debt Load

Poland ConfiscatesHalfOfPrivatePensionFundsToCutSovereignDebtLoad http://feedproxy.google.com/~r/zerohedge/feed/~3/gklCGLY1XSg/story01.htm While the world was glued to the developments in the Mediterranean in the past week, Poland took a page straight out of Rahm Emanuel’s playbook and in order to not let a crisis go to waste, announced quietly that it would transfer to the state – i.e., confiscate – the bulk of assets owned by the country’s private pension funds (many of … Seguir leyendo Poland Confiscates Half Of Private Pension Funds To Cut Sovereign Debt Load

El nacimiento de la ansiedad

Sentado en lo alto de una colina un ser sensitivo contemplaba el paso del tiempo sin interpretar, solo observando, solo sintiendo… sin aferramiento…   De repente, desde la conjunción de dos oscuras nubes surgió un relámpago que cayó en tierra. El ser sensitivo dejó su contemplación … Atemorizado pero con curiosidad se fue aproximando y notó el chisporrotear de unas ramas ardiendo… Se acercó más y notó … Seguir leyendo El nacimiento de la ansiedad

Sobre vigas, ojos y pajas

Esta no es una entrada para hablar de forma generalista sobre la manipulación. Hace unos días tuve un intercambio de impresiones con una persona a la que aprecio de ideología austriaca. Consideraba que el enlace que puse en mi post titulado “definiciones clásicas” era manipulador y doctrinario. Creo que no es cierto, pero, claro, ¿yo que voy a pensar? Todos tenemos ideología y la trasmitimos … Seguir leyendo Sobre vigas, ojos y pajas

Update on Indonesia: 6 indicators of worsening situation

Update onIndonesia: 6 indicatorsofworseningsituation http://feedly.com/k/14w7M4G Here are the latest economic and financial indicators for Indonesia (seepost), as financial conditions there continue to worsen. 1. The trade deficit has increased to the worst levels in Indonesia’s recent history. FT: – The gloom surrounding Indonesia continued to deepen on Monday after southeast Asia’s biggest economy posted a record monthly trade deficit and inflation climbed to a four-year … Seguir leyendo Update on Indonesia: 6 indicators of worsening situation

Euro Area Debt Crisis Officially ‘Called Off’

Euro AreaDebtCrisisOfficially ‘CalledOff’ http://feedly.com/k/14w7ESF A LittleGoosingoftheMoneySupplyandtheWorldisAlrightAgain We have pointed out for several months in these pages that the increase in the euro area’s true money supply (+8% year-on-year) would likely produce further improvements in PMI data and other measures of economic activity in the euro zone. See for instance our June 5 article “Euro–AreaPMIDataImproveasMoneySupplyGrowthAccelerates”. This is not rocket science to be sure, but we have … Seguir leyendo Euro Area Debt Crisis Officially ‘Called Off’