Japan Unveils Its Worst Current Account Deficit Ever

—- JapanUnveilsItsWorstCurrentAccountDeficitEver // ZeroHedge Any day, month, quarter, year, decade now; Goldman Sachs’ mythical J-Curve will arise from the cinder-strewn ashes of Japan’s current account. Japanese bond markets are rallying and JPY is weakening modestly after Abe’s increasingly disapproved-of government announced the worst balance ofpaymentscurrentaccountdeficitonrecord. At JPY -592bn vs expectations of JPY -36bbn and its 5th miss in the last 7 months as economists and … Seguir leyendo Japan Unveils Its Worst Current Account Deficit Ever

Can Chile Reform the Neoliberal Model?

Can Chile Reformthe Neoliberal Model? http://feedly.com/k/1doMAqj Reader Timotheus wrote: I attach an article that I thought might be of interest to NC readers. It is not particularly unique in its analysis, but Chile (where I lived for many years) is often a social laboratory that gives us an advance view of what is coming down the road. We know that Thatcher (1979) and Reagan (1981) … Seguir leyendo Can Chile Reform the Neoliberal Model?

French First Girlfriend Hospitalized After Francois Hollande Affair With Actress Exposed

FrenchFirstGirlfriendHospitalizedAfterFrancoisHollandeAffairWithActressExposed http://feedly.com/k/1m1jkoO When it comes to socialism, the world’s premier promoter of egalite– France’s Francois Hollande – is very aware that in a socialist utopia, no property is private. Hence everything can be shared, such as actress Julie Gayet with whom it was revealed last week he had an affair. The problem is that the First Lady, er, Girlfriend of France, Valerie Trierweiler, 48, did … Seguir leyendo French First Girlfriend Hospitalized After Francois Hollande Affair With Actress Exposed

Bitcoin ATMs Are Coming To New York City

BitcoinATMs Are ComingTo New YorkCity http://feedly.com/k/KXXass With over 1,000 new merchantsadoptingBitcoineveryweek, it is perhaps not surprising that, as NY Post reports, the first Bitcoin ATM is about to debut in New York City. Following success inCanada and Europe, Brooklyn native Willard Ling, 30, is set to introduce the firstbitcoinATMto New YorkCityattheEastVillagebubble tea shop ‘JustSweet’. State regulators with the Department of Financial Services are expected to … Seguir leyendo Bitcoin ATMs Are Coming To New York City

Financial Tiki-Taka: Ugly Side of the ‘Beautiful Game’ in Spain

FinancialTiki-Taka: UglySideofthe ‘BeautifulGame’ inSpain http://feedly.com/k/1cSGVpC By Don Quijones: On the surface and on the pitch, Spanish football has never been better. The national team of once-perpetual underachievers has won two European Championships and one World Cup in the last six years, a feat unmatched by any other European nation. shared via http://feedly.com Seguir leyendo Financial Tiki-Taka: Ugly Side of the ‘Beautiful Game’ in Spain

The Best Scientific Images Of 2013

TheBestScientificImagesOf 2013 http://feedly.com/k/1cXaOli It is a slow Saturday with virtually no financial, economic or any other news, so what better way to spend it than looking at the coolest non-financerelatedimages of the past year. Without further ado, here they are, courtesyofWired: thebestscientificvisualizationsof 2013. * * * 1. TheMathematicsof Familiar Strangers We live in an image-dominated age, and popular science abounds with visuals: eye–poppingphotographs, gorgeousgraphics and … Seguir leyendo The Best Scientific Images Of 2013

GDP and life satisfaction: New evidence

GDPandlifesatisfaction: New evidence http://feedly.com/k/1h6aN3w The link between higher national income and higher national life satisfaction is critical to economic policymaking. This column presents new evidence that the connection is hump-shaped. There is a clear, positive relation in the poorer nations and regions, but it flattens out at around $30,000–$35,000, and then turns negative. shared via http://feedly.com Seguir leyendo GDP and life satisfaction: New evidence

48.6% of Spaniards Aged 18-24 Would Take Any Job, Anywhere, for Low Wages; Ikea Spain Gets 100,000 Applicants for 400 Jobs; Walmart, McDonalds Comparison

48.6% ofSpaniardsAged 18-24 WouldTakeAny Job, Anywhere, forLowWages; IkeaSpainGets 100,000 Applicantsfor 400 Jobs; Walmart, McDonaldsComparison http://feedly.com/k/1kvI5Ou In contrast to McDonalds’ workers in the US demanding $15 an hour wages, AlmosthalfofyoungSpaniardsacceptany job, anywhere, despitelowsalary 48.6% of Spaniards aged 18 to 24 said they would accept any job, anywhere and even with a low income. 84.9% felt very or fairly likely to have to work on what is … Seguir leyendo 48.6% of Spaniards Aged 18-24 Would Take Any Job, Anywhere, for Low Wages; Ikea Spain Gets 100,000 Applicants for 400 Jobs; Walmart, McDonalds Comparison

Euro and Sterling to New Highs?

Euro andSterlingto New Highs? http://feedly.com/k/1iZKQpn Our analysis of the foreign exchange market has emphasized that what many see as the US dollar’s decline has largely limited to the euro and sterling. On a broader basis, the dollar has been appreciating. The Bank of England trade weighted measure of the US dollar, which is updated daily, had appreciated almost 4% since testing the year’s low almost … Seguir leyendo Euro and Sterling to New Highs?