Chinese Province ‘Busted’ For Fake Data; Exaggerated 2013 Output By Over 150%

Chinese Province ‘Busted’ ForFakeData; Exaggerated 2013 OutputByOver 150% http://feedly.com/k/15GWVUR Still believe that China’s PMI is above 50 and suggesting a global growth expansion? Still believe in Santa and the Tooth Fairy? Well, none other than China’s own National Bureau of Statistics has been forced to admit that at least one of its major provinces has dramatically overstated industrial output. As Sinareports, according to a NBS … Seguir leyendo Chinese Province ‘Busted’ For Fake Data; Exaggerated 2013 Output By Over 150%

On This Day In History, Crude Oil Has Never Been More Expensive

On ThisDayInHistory, CrudeOilHasNeverBeenMoreExpensive http://feedly.com/k/15GWCcF We are sure this is just a ‘transitory’ storm-in-a-teacup, but for those who ‘use’ energy, the price of the most important raw material in the world has never been higher on this day of the year than it is today… mustbeallthisgrowth? But of course, there’s still plenty of ‘absolute’ uspide… Data: Bloomberg shared via http://feedly.com Seguir leyendo On This Day In History, Crude Oil Has Never Been More Expensive

America’s Broken Dream

America’s BrokenDream http://feedly.com/k/17H3lX5 Inequality has been rising at an unprecedented rate in the US, undermining America’s reputation as the "land of opportunity." If allowed to continue, this trend could undermine confidence in the free-market, democratic principles that the US has espoused for decades, thereby eroding its soft power and weakening global governance. shared via http://feedly.com Seguir leyendo America’s Broken Dream

China’s Unspoken “Catastrophe” – 11.6% Of The Population, Or 114 Million, Have Diabetes: More Than The US

China’s Unspoken "Catastrophe" – 11.6% OfThePopulation, Or 114 Million, HaveDiabetes: MoreThanTheUS http://feedly.com/k/15zmspK While China was absorbing all the best that the "West" had to export to it over the past three decades (credit cards, MTV, inflation, apps, youtube), it was also importing the worst. Such as a sedentary, lazy lifestyle which at a massive social scale, usually has one inevitable conclusion – diabetes. And even … Seguir leyendo China’s Unspoken “Catastrophe” – 11.6% Of The Population, Or 114 Million, Have Diabetes: More Than The US

U.S. Light Vehicle Sales increase to 16.0 million annual rate in August

U.S. LightVehicleSalesincreaseto 16.0 millionannualrateinAugust http://feedly.com/k/1ajOqaU Based on an estimatefromWardsAuto, light vehicle sales were at a 16.02 million SAAR in August. That is up 11% from August 2012, and up 2.6% from the sales rate last month. This was above the consensus forecast of 15.8 million SAAR (seasonally adjusted annual rate). This graph shows the historical light vehicle sales from the BEA (blue) and an estimate … Seguir leyendo U.S. Light Vehicle Sales increase to 16.0 million annual rate in August

Grecia: La troika insta a Atenas a liquidar su industria armamentística

Grecia: Latroikainsta a Atenas a liquidarsuindustriaarmamentística http://feedly.com/k/14YV5Dc La troika (UE-BCE-FMI) rechazó el 3 de septiembre el plan del Gobierno encaminado a reestructurar las empresas de defensa Larco (metalurgia), Elvo (vehículos), Eas (sistemas de defensa), juzgándolo de “irreal, inviable y sin resultados”. La troika desea una solución más firme para estas empresas deficitarias y gravemente endeudadas, como su declaración en quiebra y el despido de sus … Seguir leyendo Grecia: La troika insta a Atenas a liquidar su industria armamentística

Guest Post: Have Advances In Consumer Electronics Reached Diminishing Returns?

Guest Post: HaveAdvancesInConsumerElectronicsReachedDiminishingReturns? http://feedproxy.google.com/~r/zerohedge/feed/~3/RRDEhTx_KRU/story01.htm SubmittedbyCharlesHugh-SmithofOfTwoMindsblog, Consumerandcommercialelectronicdevicesin 2053 arelikelytolookandperformalmostexactlyliketheydotoday. CorrespondentMark G. recentlyproposedaninterestinganalogybetweenthetechnologicalproductcycleofcommercialaircraftandconsumerelectronics. Aerospace technology experienced a Golden Age of rapid technological development that leveled off once fundamental technologies had matured. Investment in further advances reached a point of diminishing return: the cost of squeezing out modest gains exceeded the profit potential of the advances. HereisMark’scommentary. Silicondaddy: Moore’sLawabouttoberepealed, butdon’tblamephysics is a significant article. The principal expert quoted, … Seguir leyendo Guest Post: Have Advances In Consumer Electronics Reached Diminishing Returns?