MIneraldepletion: where do we stand? http://feedly.com/k/1bDNQ2y Thisis a writtenversionofthetalkthat I gaveinStuttgartonNov 12th forthe “ResourceEfficiencyand Circular EconomyCongress". Itisnot a transcriptionofmyspeech, but a versionwrittenfrommemorythatmaintainsthegistofwhat I said Ladies and gentlemen, first of all I would like to thank the organizers of this meeting because it is a pleasure and a honor to be here today. It is a pleasure, mainly, to see that the local government of Baden-Wurttemberg … Seguir leyendo MIneral depletion: where do we stand?

OECD WarnsUK Faces HousingBubble http://feedly.com/k/1dhC7xg The U.K. faces a housing-market bubble unless the government boosts the supply of new homes, the OECD warned yesterday. U.K. homevalueshaveclimbed 36.6% since 2004, theseventh-biggestriseamong OECD nationsandbackneartheir 2007/8 bubblehighs. The Bank of England said last week mortgage approvals had surpassed 60,000-a-month six months earlier than it had predicted. As Bloomberg’s Niraj Shah notes, while the OECD raised its forecasts for … Seguir leyendo OECD Warns UK Faces Housing Bubble

Bitcoin Bonanza http://feedly.com/k/1h2yaNz ClickheretofollowZeroHedgein Real-time onFinancialJuice Five years ago it was worth $0. Then, a month and a half ago it went to $150 a piece. On Monday it shot to over $600. On Tuesday, the value rose to over $900, meaning a 6, 445%-increase in value since the start of the year. It plummeted to $531 at midday today and then recovered reaching $793 … Seguir leyendo Bitcoin Bonanza

EURCollapses As ECB ‘Strawmans’ NegativeRates (Again) http://feedly.com/k/1jmDOqP Given our earliercommentonthecollapseofEuropeanearnings, it is perhaps unsurprisng that the CEB is throwing everything at the problem of a strong EUR: *ECBSAIDTOWEIGHMINUS 0.1% DEPOSITRATEIF MORE EASINGNEEDED Of course, we await the official denial but suspect this is nothing more than attempt to gauge market response to the policy idea (just as Draghi did in May). For now, EURUSD has … Seguir leyendo EUR Collapses As ECB ‘Strawmans’ Negative Rates (Again)