Crudeoilleadingcommoditiesslump http://feedly.com/k/1cyZB0D As discussed earlier (see post), crude oil (particularly WTI) remains under pressure. As US economic activity slowed (see post), so did the demand for crude. This pushed up inventories to 5-year highs for this time of year. Source: EIA The rise in crude inventories can be explained by the fact that US oil production is now 15% higher than it was a year … Seguir leyendo Crude oil leading commodities slump

Crisis económica: “Europa se ha encallado” http://www.presseurop.eu/es/content/news–brief/4299121-europa-se-ha-encallado?xtor=RSS-9 La UE todavía se enfrenta a la crisis económica y muchos países están comenzando a culpar a Alemania, escribe Rceczpospolita. Las últimas estadísticas de Eurostat muestran que uno de cada nueve europeos no tiene empleo, pero las cifras en algunos países son mucho más alarmantes que en la media de la UE, con el desempleo en España y … Seguir leyendo Crisis económica: “Europa se ha encallado”

TheLegislativeAttackonAmericanWagesand Labor Standards, 2011–2012 http://feedly.com/k/1b2wUWw By GordonLafer This report provides a broad overview of the attack on wages, labor standards, and workplace protections as it has been advanced in state legislatures across the country. Specifically, the report seeks to illuminate the agenda to undermine wages and labor standards being advanced for non-union Americans in order to understand how this fits with the far better-publicized assaults … Seguir leyendo The Legislative Attack on American Wages and Labor Standards, 2011–2012

LunaticHowlsforCompetitiveQEDebasement; AnotherSwanDiveIntoCesspoolofEconomicSilliness; FollowingLemmingsOverTheCliff; It’sMadness! http://feedly.com/k/1bawsUj In spite of the facts … That QE causes economic distortions that benefit the already wealthy at the expense of everything elseThat QE tends to create asset bubbles that eventually bustThat printing has never in history permanently solved anything … monetarist fools clamor for more of it. ECBReallyMustAct Reuters writer Hugo Dixon says ECBReallyMustActonDeflation In September, inflation was above 2 … Seguir leyendo Lunatic Howls for Competitive QE Debasement; Another Swan Dive Into Cesspool of Economic Silliness; Following Lemmings Over The Cliff; It’s Madness!

ARGENTINA: ES POSIBLE Y DESEABLE ABANDONAR EL EURO http://feedly.com/k/1bceD5E Buenos días a todos, Os voy a dejar el programa que grabamos con los compañeros de Colectivo Burbuja sobre la situación actual de Argentina. Es muy interesante – aunque está mal que yo lo diga J – porque los paralelismos con la situación española son alarmantes y, al mismo tiempo, esperanzadores. Además, contamos con la colaboración … Seguir leyendo ARGENTINA: ES POSIBLE Y DESEABLE ABANDONAR EL EURO

El Gran Mito de la Escasez http://feedly.com/k/1852ezF Creo que es el momento de que retome algunos de las críticas sociales que he ido haciendo en los últimos artículos, y en este, en particular, me propongo de nuevo abordar y de forma explícita, otros aspectos de la "Visión del Mundo" o, dicho de otra forma, de la "Mitología" en que nos hallamos inmersos, de manera inconsciente; … Seguir leyendo El Gran Mito de la Escasez

Italy’s Mr Euro urges LatinFront, warnsGermanywon’tsellanother Mercedes inEurope http://feedly.com/k/HwuN2H The plot is thickening fast in Italy. Romano Prodi – Mr Euro himself – is calling for a Latin Front to rise up against Germany and force through a reflation policy before the whole experiment of monetary union spins out of control. "France, Italy, and Spain should together pound their fists on the table, but […] … Seguir leyendo Italy’s Mr Euro urges Latin Front, warns Germany won’t sell another Mercedes in Europe

Britaintohaveworst 2014 tradedeficitin industrial worldonEUforecasts – Telegraph http://feedly.com/k/1cC5WbG shared via http://feedly.com Seguir leyendo Britain to have worst 2014 trade deficit in industrial world on EU forecasts – Telegraph