UNA CRISIS TÍPICAMENTE CAPITALISTA http://feedly.com/k/1f189hO “Económicamente la actuación política del actual y del anterior gobierno es muy clara. Estamos ante una crisis capitalista típica, de las de siempre.Siempre se han “solucionado” igual desde el poder político:Restablecer la tasa de ganancia que permita rentabilizar de nuevo la inversión del capital.El camino para ello ha sido dar un “mordisco” a las rentas del trabajo directas (salarios e … Seguir leyendo UNA CRISIS TÍPICAMENTE CAPITALISTA

Martin ArmstrongWarnsEuropeansOfTheComingExpropriationOf 10% OfEveryone’sAccounts http://feedly.com/k/1coAqdR As we have discussed in depth previously (2 yearsagohere as "muddlethrough has failed" and most recently here as theIMFdiscussed a "one–off" wealthtax), a confiscation (akin to Cyprus overnight debacle) is coming and Martin Armstrong believes sooner than most think. Submittedby Martin ArmstrongviaArmstrongEconomics, Anyone who thinks it is a fantasy that government will simply just confiscate 10% of everyone’s accounts in … Seguir leyendo Martin Armstrong Warns Europeans Of The Coming Expropriation Of 10% Of Everyone’s Accounts

Crude’sWorstDayIn 13 MonthsSendsTranniesTumbling http://feedly.com/k/1drKXpM WTI crude is back below $95.50 – its lowest in a month – as the price of the front-month has droppedover 3% today – itsbiggest single-daydropsinceNovember 2012. USD strength (+0.3%) is being ignored for now by gold and silver which are jumping handily (back over $1230 and $20 respectively). US equities are suffering for the first day of the year for … Seguir leyendo Crude’s Worst Day In 13 Months Sends Trannies Tumbling

USManufacturingPMIShowsSolidExpansion, LedbyLargeCompanies; Expect "Measured Pace" Tapering http://feedly.com/k/1d2nn4y Both the ISMReport and the MarkitPMI report show strengthening US manufacturing. ISM: The December 2013 ManufacturingISMReportOnBusiness® shows Economic activity in the manufacturing sector expanded in December for the seventh consecutive month. "The PMI™ registered 57 percent, the second highest reading for the year, just 0.3 percentage point below November’s reading of 57.3 percent. The New Orders Index increased … Seguir leyendo US Manufacturing PMI Shows Solid Expansion, Led by Large Companies; Expect “Measured Pace” Tapering

70% ofSpanishCitizensDon’tBelieve Prime MinisterRajoyontheRecovery http://feedly.com/k/19OnvyA In what may be the least shocking economic statistic reported so far this year (albeit it’s very early), 70% ofSpanishCitizensDon’tBelieve Prime MinisterRajoyontheRecovery. Via translation from El Economista… In 2013, Prime Minister, Mariano Rajoy, promised the "economic recovery" would begin in 2014. A survey released Wednesday by the newspaper El Mundo shows 71% of the citizens of our country believes that … Seguir leyendo 70% of Spanish Citizens Don’t Believe Prime Minister Rajoy on the Recovery