JustsetfiretoJapan’squadrilliondebt – Telegraph Blogs http://blogs.telegraph.co.uk/finance/ambroseevans–pritchard/100025346/just–set–fire–to–japans–quadrillion–debt/ shared via http://feedly.com Seguir leyendo Just set fire to Japan’s quadrillion debt – Telegraph Blogs
Europe’s Crisis Will Be BackSoon http://feedproxy.google.com/~r/zerohedge/feed/~3/nm1pTMupYvo/story01.htm The financial media continues to talk about how Europe is saved. It’s odd that somehow everything is starting to look so much better now than Angela Merkel is up for re-election in Germany. Could it be coincidence that the worst Crisis in years suddenly went away right as the women with her finger on the “bailout” button needed to … Seguir leyendo Europe’s Crisis Will Be Back Soon
NotEven More FakeChinese Data Can PushFuturesHigher http://feedly.com/k/13TpLBz The good, if fake, Chinese "data" releases continued for a second day in row, dominating the overnight headlines with a barrage that included CPI, PPI, retail sales, industrial production, fixed investment, money growth, car sales, and much more (summary recap below). Needless to say, all the data was just "good enough" or better than expected. Yet judging by … Seguir leyendo Not Even More Fake Chinese Data Can Push Futures Higher
MatiasVernengoonthe Natural RateofInterest http://feedly.com/k/13Tppuy Matias Vernengo has a great post here on Austrians and the natural rate of interest: MatiasVernengo, “OnAustriansandthe Natural RateofInterest,” NakedKeynesianism, August 9. The highlight is Vernengo’s observation that Juan Ramón Rallo’s re-interpretation of the Austrian business cycle theory, in which there is a mismatch between real savings and investment, requires an equilibrium natural rate, despite Rallo’s protestations to the contrary. shared … Seguir leyendo Matias Vernengo on the Natural Rate of Interest
Trabajo: “Salario mínimo: Bélgica en la cúspide” http://feedly.com/k/13Tpm1U Las cifras que Eurostat publicó a finales de julio muestran que el salario mínimo legal en Bélgica es más alto que en la mayoría de los países europeos, recoge Le Soir. Con 1.502 euros brutos mensuales, Bélgica ostenta la segunda posición dentro de Europa, por detrás de Luxemburgo (1.874 euros), y por delante de Países Bajos (1.478 … Seguir leyendo Trabajo: “Salario mínimo: Bélgica en la cúspide”
MichaelKlare: TheThirdCarbonAge – DroptheFantasyof a Coming Era ofRenewableEnergy http://feedly.com/k/19RRU3h Yves here. To put none too fine a point on it, the most important steps to reduce carbon emissions would be a Marshall plan level effort to reconfigure living and resourcing arrangements so as to reduce energy demands, and to go particularly aggressively after the worst polluters (for instance, the cars you see spewing fumes, are … Seguir leyendo Michael Klare: The Third Carbon Age – Drop the Fantasy of a Coming Era of Renewable Energy
DefendEurope, ifyoustilldare – Telegraph Blogs http://blogs.telegraph.co.uk/finance/ambroseevans–pritchard/100025311/defend–europe–if–you–still–dare/ shared via http://feedly.com Seguir leyendo Defend Europe, if you still dare – Telegraph Blogs
Is China TrappedinDeflation? http://feedly.com/k/13To5I9 shared via http://feedly.com Seguir leyendo Is China Trapped in Deflation?
DronedeliversbeernotbombsatS.Africamusic festival http://feedly.com/k/13TnSVA shared via http://feedly.com Seguir leyendo Drone delivers beer not bombs at S.Africa music festival
Guest Post: WhytheShrinkingTradeDeficitWillChoke U.S. CorporateProfits http://feedly.com/k/13K2fdY Submittedby Charles Hugh-SmithofOfTwoMindsblog, Allthosecountingon a weakerdollarandrising U.S. corporateprofitswill be doublysurprised. Thatthe U.S. tradedeficitshrankto $34 billioninJuneisbeingpresented as goodnewsallaround (no surprise there, as all news is presented as good news). The petroleum boom in the U.S. has pushed oil imports down by over $2 billion a month to $10 billion/month, and non-petroleum trade generated a deficit of $37 billion/month, down $5 … Seguir leyendo Guest Post: Why the Shrinking Trade Deficit Will Choke U.S. Corporate Profits
