Marc Faber Fears "TheEndOfTheCapitalistEconomicSystem As WeKnowIt" http://feedly.com/k/IaicSn "We already live in a financial economy in which the debt and capital markets exceed the value of the real economy by far," Marc Faber explains to Germany’s Finanzen100, "and that’s before the current formation of bubbles." His most ominous warning, and one that fits perfectly with the seeming insanity of Federal Reserve (and all developed market central … Seguir leyendo Marc Faber Fears «The End Of The Capitalist Economic System As We Know It»

Bitcoingoes vertical inspeculativefrenzy http://feedly.com/k/1cBrccJ Bitcoin valuation has gone vertical in the past month or so. The speculative frenzy is truly astounding. Some have attributed this to the "scarcity" issue due to reduced reward per block of bitcoin mining (seediscussion). That’s utter nonsense. This is speculation – pure and simple. As more players jump on the bandwagon, prices take off. And as bartenders begin to give … Seguir leyendo Bitcoin goes vertical in speculative frenzy

China toloosenone-childpolicyandabolishlabour camps http://feedly.com/k/I68vUT shared via http://feedly.com Seguir leyendo China to loosen one-child policy and abolish labour camps

SpanishFinMin "Concerned" As PublicDebt Surges To New Record http://feedly.com/k/1aXPhO6 Spain’spublicdebtclimbedsharplyinSeptemberto a new recordhighof 954.863 billion euros, casting doubt about the government’s ability to meet its target for the end of the year. Even financeministerCristobalMontoroacknowledgedthat "there are concernsaboutthe pace oftheincrease," adding that this meant bringing down the public deficit even more of a priority. As El Paisreports, according to figures released Friday by the Bank of … Seguir leyendo Spanish FinMin «Concerned» As Public Debt Surges To New Record

Madrid BuriedInTrash As GarbagemenStrikeContinuesFor 10th Day http://feedly.com/k/1eVCDAR The trouble with proclaiming ‘victory’ over the crisis in Spain (read the whole of Europe) and the ECB enabling governments profligacy with the ghost of OMT future is that it merely emboldens. As Al Jazeerareports, Madrid’sgarbagecollectorshavebeenonstrikesinceNovember 5 toprotestlayoffsandpaycuts. With garbage piling up on the streets of Madrid, the mayor issued private trash-collecting companies an ultimatum on Wednesday: end … Seguir leyendo Madrid Buried In Trash As Garbagemen Strike Continues For 10th Day

Bélgica: “La extrema derecha concluye un acuerdo secreto” http://feedly.com/k/HXHIv2 “En un hotel en Viena en la más absoluta intimidad”, varios partidos de extrema derecha europeos, como el Vlaams Belang belga, el Frente Nacional francés (FN), el Partido de la Libertad (PVV) holandés, el Partido de la Libertad (FPÖ) austriaco y la Liga Norte italiana, redactarán este 15 de noviembre un texto conceptual de cooperación, anuncia … Seguir leyendo Bélgica: “La extrema derecha concluye un acuerdo secreto”