Plunging Greek Wages Crater Q2 Disposable Income By 9.3%, Government Borrowing Rises To Record

PlungingGreekWagesCrater Q2 DisposableIncomeBy 9.3%, GovernmentBorrowingRisesToRecord http://feedly.com/k/1fSWwJh El desastre griego Can someone please explain this whole "Grecovery" concept to use because neither we, nor apparently the people of Greece which are not only unemployed and broke, but have negative savings, and collapsing wages, social benefits and disposable income, seem able to understand it. HereisthelatestabsolutelydisastrousnewsfromElstat, reportingon Q2 Greek Non-financial sector accounts During the second quarter of 2013, … Seguir leyendo Plunging Greek Wages Crater Q2 Disposable Income By 9.3%, Government Borrowing Rises To Record

China Is Now The World’s Largest Importer Of Oil – What Next?

China IsNowTheWorld’sLargestImporterOfOil – WhatNext? http://feedly.com/k/H7hvt5 SubmittedbyRoryJohnsonviaOilPrice.com, Last month the world witnessed a paradigm shift: China surpassed the United States as the world’s largest consumer of foreign oil, importing 6.3 million barrels per day compared to the United States’ 6.24 million. Thistrendislikelytocontinueandthis gap islikelytogrow, accordingtotheEIA’sOctobershort-termenergyoutlook. Wood Mackenzie, a leading global energy consultancy, echoed this prediction, estimating Chinese oil imports will rise to 9.2 million barrels per … Seguir leyendo China Is Now The World’s Largest Importer Of Oil – What Next?

Elecciones europeas 2014: Las élites económicas sostienen al euro | Presseurop.eu: actualidad europea, viñeta s y revistas de prensa

Elecciones europeas 2014: Las élites económicas sostienen al euro | Presseurop.eu: actualidad europea, viñetas y revistas de prensa http://feedly.com/k/1fSUY1I shared via http://feedly.com Seguir leyendo Elecciones europeas 2014: Las élites económicas sostienen al euro | Presseurop.eu: actualidad europea, viñeta s y revistas de prensa

Limits to Nature

LimitstoNature http://feedly.com/k/1de2PGf Guest Post byGraemeMaxton Wecannotmanagethelimitsofnaturebecausethey arelimits. We want to live in a world without limits. Like long distance runners and racing car drivers, humankind is always trying to overcome limits, to achieve more. As we make breakthroughs, it is easy to think that we already live in such a world. Even so, there is a maximum speed that we can run, even drug enhanced. … Seguir leyendo Limits to Nature

¿Draghi en la picota? – Economía Directa 22-10-2013

Hoy hablamos sobre el próximo pronunciamiento del Tribunal Constitucional alemán acerca de las políticas del Banco Central Europeo para mantener el euro y los países de la periferia a flote, sobre el optimismo acerca del estado de la economía española, sobre la deuda externa y sobre la crisis del 29 comparada con la actual. Con Ángel Gimeno y Jordi Llatzer. Conduce Juan Carlos Barba. Escuchar … Seguir leyendo ¿Draghi en la picota? – Economía Directa 22-10-2013

U.S. National Debt Over $17 Trillion – Surges $328 Billion In A Single Day

U.S. NationalDebtOver $17 Trillion – Surges $328 BillionIn A Single Day http://feedproxy.google.com/~r/zerohedge/feed/~3/w1OuuJRFeiY/story01.htm Today’s AM fix was USD 1,316.00, EUR 962.27 and GBP 814.05 per ounce. Friday’s AM fix was USD 1,317.00, EUR 962.09 and GBP 813.16 per ounce. Gold fell $5.60 or 0.42% Friday, closing at $1,314.10/oz. Silver rose $0.08 or 0.37% closing at $21.88. Gold and silver were both up on the week at … Seguir leyendo U.S. National Debt Over $17 Trillion – Surges $328 Billion In A Single Day

The European Crisis: Lessons from the 1920s, the Gold Standard, and Historical Trilemmas

TheEuropean Crisis: Lessonsfromthe 1920s, theGoldStandard, andHistoricalTrilemmas http://feedly.com/k/1i7MbFT Yves here. This post by Michael Bordo and Howard James finds significant parallels between the 1920s and the economic and policy conflicts facing the Eurozone, which does not speak well for them being resolved tidily. The post is dense at points but it is very much worth your attention. ByMichael Bordo, professorofEconomicsatRutgersUniversityandHarold James, professorofHistoryatPrincetonUniversity. CrosspostedfromVoxEU TheEurozone’stangleofconflictinggoals – a … Seguir leyendo The European Crisis: Lessons from the 1920s, the Gold Standard, and Historical Trilemmas