Coping withhighoilprices http://feedly.com/k/14btX5e We’ve been seeing oil over $100 a barrel and gasoline above $3.40 a gallon for much of the last 3 years. Those prices would have shocked many Americans a few years ago, but have now become the new normal. What has changed and what hasn’t as a result? Realpriceofoil (in 2013 dollars), Jan 1947 toJuly 2013. Oilprice: 1947-1989 basedonWestTexasIntermediatefromFRED; 1990-2013 basedonBrentfromEIA, convertedtocurrentdollarsusing … Seguir leyendo Coping with high oil prices

WheelsFallingOffthe Imperial Reality-CreatingMachine http://feedly.com/k/12WplgP ByLambertStretherofCorrente. One of the most famous quotes from the era of Bush the Younger came from Ron Suskind in his (October) 2004 article, “Faith, CertaintyandthePresidencyofGeorge W. Bush”: In the summer of 2002, after I had written an article in Esquire that the White House didn’t like about Bush’s former communications director, Karen Hughes, I had a meeting with a senior adviser … Seguir leyendo Wheels Falling Off the Imperial Reality-Creating Machine

Más indicios de que el consumo en los Estados Unidos sigue fuerte Vehicle Sales: AnotherstrongmonthinAugust http://feedly.com/k/15n637O Note: The automakers will report August vehicle sales on Wednesday, Sept 4th. According the Bureau of Economic Analysis (BEA), light vehicle sales in July were at a 15.7 million rate, on a seasonally adjusted annual rate (SAAR) basis. It looks like August sales will be in the same range. … Seguir leyendo Vehicle Sales: Another strong month in August

EconomistJayatiGhosh: India’sWoesForetell ‘ChaosandViolence’ – SPIEGELONLINE – News – International http://feedly.com/k/18awlq8 shared via http://feedly.com Seguir leyendo Economist Jayati Ghosh: India’s Woes Foretell ‘Chaos and Violence’ – SPIEGEL ONLINE – News – International

UnitedStates’ 2nd-QuarterGrowthIsRevisedUpto 2.5%, From 1.7% – NYTimes.com http://feedly.com/k/18awc5X shared via http://feedly.com Seguir leyendo United States’ 2nd-Quarter Growth Is Revised Up to 2.5%, From 1.7% – NYTimes.com

KittensArthurandAugustrescuedaftershuttingdownsubwayservicefornearlytwohours – DailyNews http://feedly.com/k/173j6oL shared via http://feedly.com Seguir leyendo Kittens Arthur and August rescued after shutting down subway service for nearly two hours – Daily News

EuropeanUnemploymentRemainsAtAll Time High: RangesFrom 4.8% To 27.6% http://feedly.com/k/17o1DLX Europe may be a union, but when it comes to the distribution of unemployment rates across its 27 (and as of July 1 with the addition of Croatia, 28), it is anything but. As the latest chart from Eurostat shows summarizing the just released July data, it is confusing if one should be more stunned by the … Seguir leyendo European Unemployment Remains At All Time High: Ranges From 4.8% To 27.6%