WhatBubble? NASDAQRisesAbove 4,000, BackToYear 2000, Dot-ComBubbleLevels http://feedly.com/k/1elnvtb Nope, no bubblehere… and no complacencyeither. And while just like last time, the tech companies still have no profits, at least this time they have revenues… most of which originate from the seemingly infinite advertising budgets at struggling discretionary retailers. By way of gentle reminder – In 2000, total US debt was $5.7 trillion. Now it is three … Seguir leyendo What Bubble? NASDAQ Rises Above 4,000, Back To Year 2000, Dot-Com Bubble Levels

Darksideofhousing-priceappreciation http://feedly.com/k/17TKIDY Higher asset prices increase the value of firms’ collateral, strengthen banks’ balance sheets, and increase households’ wealth. These considerations perhaps motivated the Federal Reserve’s intervention to support the housing market. However, higher housing prices may also lead banks to reallocate their portfolios from commercial and industrial loans to real-estate loans. This column presents the first evidence on this crowding-out effect. When housing prices … Seguir leyendo El lado oscuro de las subidas en el precio de la vivienda

Referendos en Suiza: “Tres ‘no’ que dan el portazo” http://feedly.com/k/17TKGfg Los electores suizos votaron no en las tres votaciones organizadas el 24 de noviembre. Rechazaron por un 60,5% el aumento del precio de la tarifa de autopistas, que defendía´pasar de los 40 francos suizos actuales a 100 francos (81,30 euros). 58,5% de los votantes también rechazaron una propuesta de la UDC (Unión Democrática del Centro, … Seguir leyendo Referendos en Suiza: “Tres ‘no’ que dan el portazo”

Employeeshareownership: Turningworkersintocapitalists | TheEconomist http://feedly.com/k/1ej7pjP shared via http://feedly.com Seguir leyendo Employee share ownership: Turning workers into capitalists | The Economist

The 10 CorporationsThat Control AlmostEverythingYouBuy http://feedly.com/k/1bNGbP6 We know the ten "people" thatruntheworld, that 25 citiesrepresentoverhalftheworld’sGDP, and that the world’sbillionaires control a stunning $33 trillioninnetworth… but who controls what the average joe-sixpack on Main Street buys? As PolicyMic notes, these ten mega corporations control the output ofalmosteverythingwebuy – from household products to pet food and from jeans to jello. The so-called "IllusionofChoice," that these corporations (and … Seguir leyendo Las 10 empresas que controlan casi todo lo que compras

FrenchMegabank: “GermanyShouldLeaveTheEurozone” http://feedly.com/k/1ga9YG2 Suddenly, there’s a solution to France’s economic crisis. Unlike the cacophonous clamor from the far right to drop the euro, this one is attractively presented with graphs and in terms that even a French politician might understand. And it’s not contaminated by partisanship. shared via http://feedly.com Seguir leyendo French Megabank: “Germany Should Leave The Eurozone”

TheWorld’s 2170 Billionaires Control $33 TrillionInNetWorth, DoubleTheUSGDP http://feedly.com/k/1aP2vuc Before it became a conspiracy fact, the traditional response to all suggestions of a massive Libor/FX/commodity/mortgagerigging cartel was a simple if stupid one: too many people are involved and so it can never be contained. As it turns out not only can it be contained, but when the interests of the "conspiracy" participants are alligned, it can … Seguir leyendo The World’s 2170 Billionaires Control $33 Trillion In Net Worth, Double The US GDP

El futuro fue ayer ¿Recuerdan el bigote de Josemari Ánsar? Por supuesto, ¡qué bigote! Esa especie de roedor que tenía entre boca y nariz parecía cobrar vida propia cuando el erudito y humilde ex-presidente pronunciaba sus elocuentes y siempre convincentes discursos. Era como una pequeña ardilla que temblaba de satisfacción mientras su portador nos aleccionaba en múltiples  idiomas. Que Roald Dahl me disculpe el plagio, … Seguir leyendo …y el neoliberalismo nos pilló jugando al fútbol