Dropping Like Flies: Largest Steel Maker In China’s Shanxi Province Defaults On CNY 3 Billion In Debt feedly

—- DroppingLikeFlies: LargestSteelMakerInChina’sShanxiProvinceDefaultsOnCNY 3 BillionInDebt // http://feeds.feedburner.com/zerohedge/feed When we started discussing the upcoming onslaught of corporate defaults in "Minsky Moment" China, now that the bankruptcy seal has been broken, we warned that the worst is about to come. Well, it’s coming. Overnight, Hong Kong’s TheStandardreportedthat in addition to the solar, coal and real-estate developer companies that are on everyone’s radar as potential future bankruptcy candidates, … Seguir leyendo Dropping Like Flies: Largest Steel Maker In China’s Shanxi Province Defaults On CNY 3 Billion In Debt feedly

#22M La afluencia será tan masiva que no son factibles los disturbios

Solo de Andalucía se preveen más de 25.000 asistentes. De toda España están confirmados más de 720 autobuses, a parte de la gente que venga por tren o en coches. Y eso sin contar con los asistentes de la Comunidad de Madrid, que se preveen numerosos. Puede y debe ser una jornada de lucha pacífica pero con un mensaje de fuerza hacia el poder. Ante … Seguir leyendo #22M La afluencia será tan masiva que no son factibles los disturbios

Copper Plunges To Fresh 5-Year Low feedly

—- CopperPlungesToFresh 5-YearLow // http://feeds.feedburner.com/zerohedge/feed Asweexplainedingreatdetailyesterday, the selling in commodities is far from over. The extent of China’s commodity-backed-financing is only now beginning to be understood and forced sales (along with the vicious circle of collapsing collateral values and increasingly tightening credit) are hard to stop for a government set of reform. Copperpriceswereheavyovernightin Asia butthismorning has seenfuturesplungeonheavyvolumebelow $289 – thelowestsinceJuly 2009– breaking key support levels. … Seguir leyendo Copper Plunges To Fresh 5-Year Low feedly

Bank of England Research Paper on Endogenous Money feedly

—- BankofEnglandResearchPaperonEndogenousMoney // Social Democracyforthe 21st Century: A Post KeynesianPerspective A very interesting research paper called “Money Creation in the Modern Economy” has recently been published in the Bank of England’s QuarterlyBulletin (2014 Q1). This paper is notable for its endorsement of endogenous money theory and its citations of Post Keynesian literature. You can get the research paper and a shorter topical article here: MichaelMcLeay, … Seguir leyendo Bank of England Research Paper on Endogenous Money feedly

Tangentópolis a la Española

   Tangentópolis significa en Italiano ciudad del soborno. Aquella ciudad era Milán, en 1992. De allí partió el escándalo de corrupción que destapó el fiscal Antonio di Pietro y que se acabó llevando por delante el régimen establecido en el país transalpino después de la Segunda Guerra Mundial desembocando en lo que se denominó la II República italiana que para tristeza de sus ciudadanos ha … Seguir leyendo Tangentópolis a la Española

Pacto de Silencio 2

Estamos hoy plenamente inmersos en un nuevo pacto de silencio, podríamos decir que la segunda parte, la reedición del primero. Hablando en términos cinematográficos, en una mala versión de una película, cuya primera parte era deleznable, cuanto más la segunda porque ya sabemos que segundas partes nunca fueron buenas, más si la primera se basaba en la contención de un hedor descomunal, el que sirvió … Seguir leyendo Pacto de Silencio 2

With 79% Turnout, Exit Polls Confirm 93% Of Voters Back Crimea Joining Russia feedly

—- With 79% Turnout, ExitPollsConfirm 93% OfVotersBackCrimeaJoiningRussia // http://feeds.feedburner.com/zerohedge/feed With a voterturnout (79.09%) thatexceededeveryUSPresidentialelectionsince 1900, the people of Crimea have spoken: *CRIMEAJOININGRUSSIABACKEDBY 93% OFVOTERS: EXITPOLL Ukraine’s leaders have called up 20,000 men for a newly-created National Guard as despite the so-called "truce" Russian APCs and Tanks are rolling. Pro-Russian supporters are burning books in Donetsk after storming anti-Russian buildings. ExitpollbyCrimea-based Republican InstituteforPoliticalandSociologicalStudiesreleasedbyKryminformnewsservice.93% ofvotersbackjoiningRussia: exitpoll Exit … Seguir leyendo With 79% Turnout, Exit Polls Confirm 93% Of Voters Back Crimea Joining Russia feedly