U.S. Light Vehicle Sales increase to 16.0 million annual rate in August

U.S. LightVehicleSalesincreaseto 16.0 millionannualrateinAugust http://feedly.com/k/1ajOqaU Based on an estimatefromWardsAuto, light vehicle sales were at a 16.02 million SAAR in August. That is up 11% from August 2012, and up 2.6% from the sales rate last month. This was above the consensus forecast of 15.8 million SAAR (seasonally adjusted annual rate). This graph shows the historical light vehicle sales from the BEA (blue) and an estimate … Seguir leyendo U.S. Light Vehicle Sales increase to 16.0 million annual rate in August

Grecia: La troika insta a Atenas a liquidar su industria armamentística

Grecia: Latroikainsta a Atenas a liquidarsuindustriaarmamentística http://feedly.com/k/14YV5Dc La troika (UE-BCE-FMI) rechazó el 3 de septiembre el plan del Gobierno encaminado a reestructurar las empresas de defensa Larco (metalurgia), Elvo (vehículos), Eas (sistemas de defensa), juzgándolo de “irreal, inviable y sin resultados”. La troika desea una solución más firme para estas empresas deficitarias y gravemente endeudadas, como su declaración en quiebra y el despido de sus … Seguir leyendo Grecia: La troika insta a Atenas a liquidar su industria armamentística

Guest Post: Have Advances In Consumer Electronics Reached Diminishing Returns?

Guest Post: HaveAdvancesInConsumerElectronicsReachedDiminishingReturns? http://feedproxy.google.com/~r/zerohedge/feed/~3/RRDEhTx_KRU/story01.htm SubmittedbyCharlesHugh-SmithofOfTwoMindsblog, Consumerandcommercialelectronicdevicesin 2053 arelikelytolookandperformalmostexactlyliketheydotoday. CorrespondentMark G. recentlyproposedaninterestinganalogybetweenthetechnologicalproductcycleofcommercialaircraftandconsumerelectronics. Aerospace technology experienced a Golden Age of rapid technological development that leveled off once fundamental technologies had matured. Investment in further advances reached a point of diminishing return: the cost of squeezing out modest gains exceeded the profit potential of the advances. HereisMark’scommentary. Silicondaddy: Moore’sLawabouttoberepealed, butdon’tblamephysics is a significant article. The principal expert quoted, … Seguir leyendo Guest Post: Have Advances In Consumer Electronics Reached Diminishing Returns?

Yanis Varoufakis: Was Chancellor Merkel right (about Greece)?

Yanis Varoufakis: WasChancellorMerkelright (aboutGreece)? http://feedly.com/k/17yxObr ByYanisVaroufakis, a professorofeconomics at theUniversityofAthens. Crosspostedfromhisblog. IsChancellorMerkelrightwhensherecentlysaid: “Greeceshouldnothavebeenadmittedintotheeuroarea”? Naturally. However, the way that the euro was designed, it was not only Greece that stood no chance of surviving without a major social disaster within the Eurozone. The same applies to the rest of the Periphery and, also, to… France. In short, a common currency without a substantial surplus recycling mechanism … Seguir leyendo Yanis Varoufakis: Was Chancellor Merkel right (about Greece)?

India’s new central banker to face impossible choices

India’s newcentralbankertofaceimpossiblechoices http://feedly.com/k/1dEPR44 India is about to get a new new central bank governor, Raghuram Rajan, a University of Chicago economist with outstanding academic credentials. He is expected to start this Thursday, smack in the middle of a financial crisis the likes of which have not been seen in India since the early 90s. He will be dealing with a no-win situation in which he … Seguir leyendo India’s new central banker to face impossible choices

Economía en la sombra – Economía Directa 03-09-2013

Hoy hablamos sobre por qué no se resuelve el problema del sector financiero y cómo afecta al resto de la economía española y al día a día de los ciudadanos, sobre los movimientos sociales y la falta de respuesta del Gobierno ante las movilizaciones en la calle, sobre las mentiras sobre el estado actual de la economía desde España y Europa y sobre cómo puede … Seguir leyendo Economía en la sombra – Economía Directa 03-09-2013

Spain’s Ying-Yang Charts

Spain’s Ying-YangCharts http://feedly.com/k/18otrya While we understand Europe’s desperation to telegraph an improvement in its economy, driven by both GDP and such sentiment indicators as PMI data, very much as we saw in early 2011 before the carpet was pulled from beneath Europe and it promptly slid into a double dip, one thing that is unclear is why Europe continues to insist using Spain as the … Seguir leyendo Spain’s Ying-Yang Charts