JayatiGhosh: NoneoftheExpertsSawIndia’sDebtBubbleComing. Sound Familiar? http://feedly.com/k/1doPPNN ByJayatiGhosh, ProfessorofEconomicsandChairpersonatthe Centre forEconomicStudiesandPlanning, JawaharlalNehruUniversity, New Delhi. CrosspostedfromTriple Crisis So now India isthelatest casualty amongemergingeconomies. Over the past 10 days, the rupee has slid to its lowest-ever rate, and the Indian economy may well be on the verge of a full-blown currency crisis. In this febrile situation, it is open season for rumours and pessimistic predictions, which then become self-fulfilling. … Seguir leyendo Jayati Ghosh: None of the Experts Saw India’s Debt Bubble Coming. Sound Familiar?

Obama "Concludes" ThatAssadCarriedOutChemicalAttack http://feedly.com/k/15yq095 One week after the fact, without the UN inspectors having completed their job, and without any actual evidence presented to the general public… BREAKING: Obama: US has ‘concluded’ that Syrian government carried out chemical weapons attack. — The Associated Press (@AP) August 28, 2013 And also this: OBAMA SAYS U.S. CONCLUDED SYRIAN GOVT WAGED CHEMICAL ATTACK OBAMA SAYS U.S. CONCLUDES SYRIAN … Seguir leyendo Obama “Concludes” That Assad Carried Out Chemical Attack

PresentingTheNumerous, UndisputedAndVeryClearSignsThatIndia’sCurrencyWasSetForAnEpicCrash http://feedly.com/k/18m1VQC Citizens of India have been watching, in stunned amazement, as over the past month the local currency has lost an unprecedented 15% of its value, with a record plunge taking place justlastnight. And, as so often happens, the population habituated to a government "actinginitsbestinterests" is asking itself – howcouldwehavepossiblyknownthiswascoming. The answer, as usually happens, was staring everyone right in the face. As … Seguir leyendo Presenting The Numerous, Undisputed And Very Clear Signs That India’s Currency Was Set For An Epic Crash

40% ofHighestPaidCEOsWereBailedOut, Booted, orBusted http://feedly.com/k/1a0lBjG Nearly 40% of CEOs on the highest-paid lists from the past 20 years were either bailed out, booted, or busted: Clicktoenlarge Source: ExecutiveExcess 2013 ExecutiveExcess 2013: 20th anniversary ExecutiveExcess report examines the “performance” of the 241 corporate chief executives who have ranked among America’s 25 highest-paid CEOs in one or more of the past 20 years. The lavishly compensated CEOs … Seguir leyendo 40% of Highest Paid CEOs Were Bailed Out, Booted, or Busted

Events Are MovingQuicklyInSyria … Here’sWhatYouNeedtoKnow http://feedly.com/k/14a2lrT CheatSheetOnSyria The U.S. is about to attack Syria. Here’s what you need to know: Bombing Syria will only strengthenthehardliners … and harmAmerica’snationalsecurity. The top U.S. military commander says that attacking Syria would be riskyandexpensive A Syrian war could be one the least popular warsinAmericanhistory In fact, most of theworld is againstattackingSyria War against Syria could spikeoilprices and plungeusbackintoanotherrecession Russia … Seguir leyendo Events Are Moving Quickly In Syria … Here’s What You Need to Know

TestosteronePit – Home – GermanElectionFinallyGetsMessy: “Euro Is More Than A Currency” AndGreece “Shouldn’tHaveBeenAllowedIn” http://feedly.com/k/156eZsn shared via http://feedly.com Seguir leyendo Testosterone Pit – Home – German Election Finally Gets Messy: “Euro Is More Than A Currency” And Greece “S houldn’t Have Been Allowed In”

CreditgrowthremainstheweakestlinkinEurozone’srecovery http://feedly.com/k/191Zg0C In spite of some positive economic signals out of the Eurozone (see Twitter chart), the area continues to struggle with credit growth. The latest loan growth measures still look quite bleak. We may however be seeing the first signs of the bottoming out of consumer credit, although the "improvements" are by no means compelling. YoY loan growth to householdsadjusted for sales and securitizations … Seguir leyendo Credit growth remains the weakest link in Eurozone’s recovery

IntroductiontotheSecondEditionof "TheTheoryofMonopolyCapitalism" http://feedly.com/k/156ej6f Introduction to the Second Edition of "The Theory of Monopoly Capitalism" by JohnBellamyFoster: TheTheoryofMonopolyCapitalism: AnElaborationofMarxianPoliticalEconomy was initially written thirty years ago this coming year as my doctoral dissertation at York University in Toronto. It was expanded into a larger book form with three additional chapters (on the state, imperialism, and socialist construction) and published by Monthly Review Press two years later.2 The … Seguir leyendo Introduction to the Second Edition of “The Theory of Monopoly Capitalism”

India’sEconomic Crisis – NYTimes.com http://feedly.com/k/156e8b9 shared via http://feedly.com Seguir leyendo India’s Economic Crisis – NYTimes.com

RussiaIsEvacuatingItsCitizensFromSyria http://feedly.com/k/153MN9m With ‘drums’ growing ever-louder, Russia’s "emergency situations" ministry has sent a second aircraft to evacuate citizens willing to leave war-torn Syria. As RiaNovostireports, "anIlyushin-62 planetookoffforLatakia. ThisspecialflightisforRussianand CIS nationalswhohadearlierexpressedtheirdeterminationtoreturntoMoscow," emergencies ministry spokeswoman Irina Rossius said. The plane also bore humanitarian aid for, what a Russian foreign ministry spokesman said at the time was, about 30,000 other Russians that were still living across the country. … Seguir leyendo Russia Is Evacuating Its Citizens From Syria