Towards a radical new theoryof Anglo-Americanslavery, andvindicationoffreemarkets – Telegraph http://feedly.com/k/14kIkSl shared via http://feedly.com Seguir leyendo Towards a radical new theory of Anglo-American slavery, and vindication of free markets – Telegraph

China’sCredit Crisis InCharts http://feedly.com/k/1baJ4eO The rapid pace of China credit expansion since the Global Financial Crisis, increasingly sourced from the inherently more risky and less transparent "shadow banking" sector, has become a critical concern for the global markets. Fromtheendof 2008 untiltheendof 2013, Chinesebanking sector assetswillhaveincreasedabout $14 trillion. As Fitch notes, that’sthesizeoftheentireUScommercialbanking sector. So in a span of five years China will have replicated the whole … Seguir leyendo China’s Credit Crisis In Charts

LynnParramore: BoomerangBabies – RecordNumbersofYoungAdultsLivewithParentsat Terrible Cost http://www.nakedcapitalism.com/2013/08/lynn–parramore–boomerang–babies–record–numbers–of–young–adults–live–with–parents–at-terrible-cost.html Yves here. Recent media commentary on the state of the housing market has finally picked up on something that shouldn’t be news: that most young people are in lousy financial shape and therefore are in no position to buy a home. Many are burdened by student debt, and even if they’ve managed to dodge that bullet, it’s hard … Seguir leyendo Lynn Parramore: Boomerang Babies – Record Numbers of Young Adults Live with Parents at Terrible Cost

India’sfinancialprophetRaghuram Rajan torun central bank – Telegraph http://feedly.com/k/1eqGIrT shared via http://feedly.com Seguir leyendo India’s financial prophet Raghuram Rajan to run central bank – Telegraph

China-UE: Termina la disputa por los paneles solares, pero otras se apuntan http://feedly.com/k/17vTFNi Un acuerdo duramente negociado entre China y la UE sobre las importaciones de paneles solares chinos, que entra en vigor el 6 de agosto, reactivará una batalla “feroz” entre los fabricantes del país asiático en su intento de cumplir con los contingentes de exportaciones y el límite mínimo de los precios, escribe … Seguir leyendo China-UE: Termina la disputa por los paneles solares, pero otras se apuntan

CoreLogic: HousePricesup 11.9% Year-over-yearinJune http://feedproxy.google.com/~r/CalculatedRisk/~3/VMYMsgVk4VA/corelogic–house–prices–up-119-year–over.html Notes: ThisCoreLogicHousePriceIndexreportisforJune. The recent Case-Shiller index release was for May. The CoreLogic HPI is a three month weighted average and is not seasonally adjusted (NSA). From CoreLogic: CoreLogicReportsJuneHomePricesRiseby 11.9 PercentYearOverYear Home prices nationwide, including distressed sales, increased 11.9 percent on a year-over-year basis in June 2013 compared to June 2012. This change represents the 16th consecutive monthly increase in home … Seguir leyendo CoreLogic: House Prices up 11.9% Year-over-year in June

"SlewOf Positive Data" DrivesEuropeanStocksToWorstDayIn A Month http://feedproxy.google.com/~r/zerohedge/feed/~3/2FZS_o0dhXM/story01.htm Mainstream media is blaming the weakness in gold on the fact that a "slew of positive data" from the EU ‘proves’ there is no crisis. However, if that data is so positive – and proclaimed so by EU’s Ollie Rehn, then why did Europeanstocksdropthemostin a month. JPY strength continues to a six-week high against the USD and testing … Seguir leyendo “Slew Of Positive Data” Drives European Stocks To Worst Day In A Month

TheUSManufacturingRenaissanceIn (Perplexing) Context http://feedly.com/k/13DZESA As the following two charts show, despite the restoftheworldbeingmiredinanentirelylackadaisicalmuddle-through – in terms of both manufacturing… and non-manufacturing PMIs… …the US is representing itself as the new growth engine with an expanding and rising economy (if the ‘recovery-is-right-around-the-corner’ data is to be believed). Even as manufacturing jobs continue to structurally disappear… Of course, we are hearing the term ‘decoupling’ and ‘cleanest dirty … Seguir leyendo The US Manufacturing Renaissance In (Perplexing) Context

Spot TheNextCredit Crisis http://feedproxy.google.com/~r/zerohedge/feed/~3/e8rkSnDNWBA/story01.htm Information overload and cognitive dissonance often hide the facts from right under one’s nose. Sometimes, as in the case of the following image, a picture paints a thousand words; and in this case, any doubt about where the world’s ‘most-bust-prone’ nations are in the post-crisis new normal should be instantly (and visually) dismissed (as wenotedhere, here, and here). Source: GoldmanSachs shared … Seguir leyendo Spot The Next Credit Crisis