One "Big" ProblemWithBitcoin… http://feedly.com/k/1cTwErQ SubmittedbySimonBlackofSovereignManblog, At this point, you’d pretty much have to be living under a rock to have not heard of Bitcoin. I actually asked this question (‘have you been living under a rock?) to someone recently who proudly proclaimed that he had never heard of Bitcoin, almost expressing gratification in his ignorance of a game-changing model. Bitcoinisonfire. Mainstream media coverageiseverywhere. Today, in … Seguir leyendo One “Big” Problem With Bitcoin…

Another Central BankWarnsOfBitcoinRisks http://feedly.com/k/188sGhm First theECB, then theFed, and now the Dutch central bank have come out and explicitlywarnedofthedangersof virtual currencies like Bitcoin and Litecoin. Their explicit statement this morning, raising questions about deposit guarantees, central issuer responsibility, and volatility do their best to inform potential users (or traders) of the alternative currency that it is the devil incarnate. It seems, despite the mainstream media’s … Seguir leyendo Another Central Bank Warns Of Bitcoin Risks

PeakHealth? http://cassandralegacy.blogspot.com/2013/12/peak–health.html Eurostat data forhealthylifeyearsexpectancy (HLYE) insomeEuropeancountries, as reportedin a paperuploadedonarXivin 2013 by Ugo Bardiand Virginia Pierini. Measuring "health" carrieslargeuncertainties, butthese data hardlyconformtothecommonperceptionofanincreasinglybetterhealthconditioninEurope. We all know that we are living longer lives, at least in rich countries. But are we also living healthier lives? This is not so evident. On the contrary, sometimes, it seems that the elderly are paying dearly for their extra years … Seguir leyendo Peak Health?

CoreLogic: HousePricesup 12.5% Year-over-yearinOctober http://feedly.com/k/1gBeyNZ Notes: ThisCoreLogicHousePriceIndexreportisforOctober. The recent Case-Shiller index release was for September. The CoreLogic HPI is a three month weighted average and is not seasonally adjusted (NSA). From CoreLogic: CoreLogicReportsHomePricesIncreasedbyLessThan 1 PercentMonthOverMonthinOctober On a month-over-month basis, including distressed sales, home prices increased by only 0.2 percent in October 2013 compared to September 2013. Year over year, home prices nationwide, including distressed sales, … Seguir leyendo CoreLogic: House Prices up 12.5% Year-over-year in October

Países Bajos: “La pobreza en fuerte aumento en los Países Bajos” http://feedly.com/k/1au97e0 Los Países Bajos han registrado en 2012 “el mayor aumento de la pobreza desde la recesión que comenzó en 2008”, indica De Volkskrant. Según la Oficina Nacional de Estadísticas, 1,2 millones de holandeses están considerados como pobres (sobre una población de casi 17 millones), es decir, que después de la deducción de sus … Seguir leyendo Países Bajos: “La pobreza en fuerte aumento en los Países Bajos”

ChartOfTheDay: TheFedNowOwnsOneThirdOfTheEntireUSBondMarket http://feedproxy.google.com/~r/zerohedge/feed/~3/bJwW33y_Tuw/story01.htm The most important chart that nobodyat the Fed seems to pay any attention to, and certainly none of the economists who urge the Fed to accelerate its monetization of Treasury paper, is shown below: it shows the Fed’s total holdings of the entire bond market expressed in 10 Year equivalents (because as a reminder to the Krugmans and Bullards of the world … Seguir leyendo Chart Of The Day: The Fed Now Owns One Third Of The Entire US Bond Market

WarOnDemocracy: SpainAndJapanMoveToCriminalizeProtests http://feedly.com/k/1eJt44R SubmittedbyMichaelKriegerofLibertyBlitzkriegblog, As might be expected as political and economic policy failures pile up and citizens become increasingly mad, the status quo is becoming increasingly authoritarian (recall blogger “Mish” was just fined 8,000 euros for a blog post). In the latest disturbing news from a desperate power structure, the conservative government in Spain has passed an Orwellian bill titled the Citizens’ SecurityLaw, which … Seguir leyendo War On Democracy: Spain And Japan Move To Criminalize Protests

ChineseYuanSurpasses Euro, BecomesSecondMostUsedCurrencyInTradeFinance http://feedproxy.google.com/~r/zerohedge/feed/~3/TnX2PEWRXbA/story01.htm Slowly but surely the Chinese currency is catching up to the world’s reserve and moments ago, according to SWIFT, the Yuan just surpassed the Euro in trade (remember trade: that’s how countries once upon a time would generate capital flows in a time when central banks weren’t there to literally print domestic funding needs) finance usage leaving just the USD in … Seguir leyendo Chinese Yuan Surpasses Euro, Becomes Second Most Used Currency In Trade Finance