SpainRaids Social Security Reserve Fundfor €23.6bn toMeetDeficitTargets; New Rules CompoundDeficitWoesforSpain, Italy http://feedly.com/k/IL6y0R Monetary magic of borrowing money from trust funds allegedly helps Spain come closer to meeting its budget deficit targets reports Eurointelligence. Please consider TheraidingofSpain’s “pensionspiggybank” Spain drew €5bn from the Social Security reserve fund on Monday, reported Europa Press, and will draw an additional €428M on account of income tax before the end … Seguir leyendo Spain Raids Social Security Reserve Fund for €23.6bn to Meet Deficit Targets; New Rules Compound Deficit Woes for Spain, Italy

There’snothing new underthesun, includingBitcoin | FTAlphaville http://feedly.com/k/IL5LwM shared via http://feedly.com Seguir leyendo There’s nothing new under the sun, including Bitcoin | FT Alphaville

GreenspanBaffledOverBitcoin ‘Bubble’: "To Be WorthSomething, ItMust Be BackedBySomething" http://feedly.com/k/1kcE0ZU "Inorderforcurrenciesto be ‘exchangeable’ theyhaveto be backedbysomething," is the remarkably ironic initial comment from none other than debaser-of-the-entirely-fiat-dollar Alan Greenspan when asked about the "bubble in bitcoin," by Bloomberg TV’s Trish Regan. Unable to "identify the intrinsic" backing of Bitcoin (or see bubbles in equity, credit, real estate, or greater fools) Greenspan is, apparently, capable of identifying … Seguir leyendo Greenspan Baffled Over Bitcoin ‘Bubble’: “To Be Worth Something, It Must Be Backed By Something”

WagesRelativeToProfitsDropToAll Time Low http://feedly.com/k/1cYvNGk Gettingpaid miserable wages? Don’tfret – justbuythestockofyour (hopefullypublic) employer, and hope and pray that this time is different, and that light at the end of the tunnel is the not the next latest and greatest (and likely last) stock market collapse, in the ultimate trade off of current pay for capital gains: 19 quarters in and Labor Compensation is flat with where … Seguir leyendo Wages Relative To Profits Drop To All Time Low

Es decir nosotros hacemos el acto altruista y ellos se llevan la pasta, va a donar su puta madre. A partir del 1 de enero la Comunidad de Madrid dejará en manos de esta entidad privada la gestión del Centro de Transfusiones de la región. Cruz Roja hará negocio con las donaciones de sangre. La entidad privada, que a partir del 1 de enero se hará … Seguir leyendo Cruz Roja cobrará 67 euros por cada bolsa de sangre que reparta entre los hospitales madrileños

Brazil’smarketsdeterioratingonrisinguncertainty http://feedly.com/k/188Z17R Brazil’s economy contracted in the 3d quarter for the first time since the Great Recession. This was not entirely unexpected, though the drop was worse than economists had estimated. Reuters: – Brazil’s economy contracted in the third quarter for the first time since early 2009 as a steep drop in investment showed flagging confidence in what was recently one of the world’s most … Seguir leyendo Brazil’s markets deteriorating on rising uncertainty

SilverSlumpsTo $19 As Precious Metal SmackdownContinues http://feedly.com/k/188u0AP The overnight session was relatively quiet as precious metals trod water while equity markets tumbled. However, as the US equity cash session looms, silver and gold are coming under renewed selling pressure (and the USD bid) in a seeming effort to provide some rotational bid to stocks into the open (just like yesterday). This is the lowest for … Seguir leyendo Silver Slumps To $19 As Precious Metal Smackdown Continues