FranceUnemployment Surges To 16 YearHigh http://feedly.com/k/1ga1SQM Europe’s second largest economy and crucial to the core founding partnership of the euro project, France, has seen its unemployment rate rise unceasingly for 9 quarters in a row now. At 11.03%, Frenchunemployment has notbeenhighersince Q3 1997. Of course, President Hollande, despite falling PMIs and rising unemployment is hopeful that things are turning around as he notes, France is … Seguir leyendo France Unemployment Surges To 16 Year High

BitcoinTumblesAfter China Central BankBansFinancialCompaniesFromUsing Digital Currency http://feedly.com/k/1gGH7tl As we said back in March, when Bitcoin’s parabolic rise first started, it was only a matter of time before first one, then all central banks take on Bitcoin for the simple fact that it present too great a threat to the fiat system. Sure enough, on the chart below of BTC China it is quite clear just … Seguir leyendo Bitcoin Tumbles After China Central Bank Bans Financial Companies From Using Digital Currency

TheFutureofRetailShopping http://feedly.com/k/1coovgH clickfor complete infographic clickforginormousgraphic Source: GiftLibrary shared via http://feedly.com Seguir leyendo The Future of Retail Shopping

Daniel KuehnontheAustrianBusinessCycleTheory http://feedly.com/k/18FT7f9 Daniel Kuehn has an important and very interesting paper here on the Austrian business cycle theory (ABCT): Daniel Kuehn. 2013. “Hayek’s Business-Cycle Theory: Half Right,” CriticalReview 25.3–4: 497–529. Three insightful critiques of the ABCT are these: (1) the empirical evidence suggests that business people do not respond to interest rates in the way the ABCT predicts: interest rates do not much affect … Seguir leyendo Daniel Kuehn on the Austrian Business Cycle Theory

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