EuropeanPeripheralStocksExplodedHigherThisWeek http://feedly.com/k/KPsAkQ Even Draghi proclaimed anyone calling the crisis over as ‘premature’ but that was ignored by the fast-money momo chasers looking for where to rotate their cash on the sidelines as US momentum fades. Greece, Portugal, and Spain stocks literally exploded higher this week: Greece +7.7% – bestweekin 8 monthsPortugal +4.7% – bestweekin 9 monthsSpain +4.98% – bestweekin 16 months Sounds right?! Efficient markets, … Seguir leyendo European Peripheral Stocks Exploded Higher This Week

CÓMO ASUMIR UNA HORRIBLE VERDAD… http://feedly.com/k/KJ1F9w “En la obra Réquiem por una especie:¿Por qué nos resistimos a la verdad sobre el cambio climático? Clive Hamilton describe el lúgubre consuelo derivado de aceptar que “el catastrófico cambio climático es algo virtualmente seguro”. … Asumir emocionalmente el desastre que nos aguarda, lograr comprender a un nivel visceral que la élite en el poder no responderá racionalmente ante … Seguir leyendo CÓMO ASUMIR UNA HORRIBLE VERDAD…

LiberationTheologyisback as Pope Francis holdscapitalismtoaccount http://feedly.com/k/1cDL28V Amid accusations of Marxism, Pope Francis has turned the Vatican into the spearhead of radical economic thinking shared via http://feedly.com Seguir leyendo Liberation Theology is back as Pope Francis holds capitalism to account

Somealtcoinmemes are more equalthanothers http://feedly.com/k/1hsAw97 Bitcoin may be many things: a cheaper and more efficient payments mechanism, a decentralised form of QE, an extreme way to break through the ZLB, a worthy private substitute for cash, an opportunity to stick it to the man or even a speculative investment opportunity of a lifetime. What it isn’t, however, is a fair distribution of income. Steven Englander … Seguir leyendo Some altcoin memes are more equal than others

DE ALIMENTOS MILAGROSOS Y PUBLICIDAD ENGAÑOSA http://feedly.com/k/1ejuYID “Un plátano tiene tres veces más de vitamina B6 que el Actimel y vale tres veces menos. Y una sardina 5 veces más…” “… el único ingrediente del probiótico estrella de Danone que había demostrado ante la *EFSA su efectividad para ayudar al sistema inmune (las famosas defensas del Actimel) era la vitamina Vitamina B6… y no el … Seguir leyendo DE ALIMENTOS MILAGROSOS Y PUBLICIDAD ENGAÑOSA

"Resilient" Bitcoin Surges Above $1000 As ZyngaConfirmsAdoption http://feedly.com/k/19KOcdp It seems the adoption of major US-based vendors of the digital currency is trumping the Chinese clamp-down on Bitcoin as first Overstock and now Zynga confirm their adoption of the crypto-currency. For the first time since the PBOC issued its statement, Bloomberg reports ZyngaispartneringwithBitPayto test Bitcoinpayments. As ConvergEx’s Nick Colas notes, "Bitcoin has beenremarkablyresilientinthefaceofallthebadnewsoutof China. Thestrengthshows a … Seguir leyendo “Resilient” Bitcoin Surges Above $1000 As Zynga Confirms Adoption

UN PARAÍSO PARA LADRONES http://feedly.com/k/1kmEEJR “Tal vez habría que concluir que hoy en día solo se puede estudiar el capitalismo financiero desde la criminología. Taibbi reconstruye crímenes de proporciones históricas, casi inimaginables, por los que nadie ha asumido responsabilidades ni ha rendido cuenta alguna” Pablo Bustinduy, prólogo a la edición española de Cleptopía de MattTaibbi. “La capacidad de sus ciudadanos de desconcentrarse a toda velocidad … Seguir leyendo UN PARAÍSO PARA LADRONES

ISM Non-ManufacturingIndexat 53.0 indicatesslowerexpansioninDecember http://feedly.com/k/1cTjkWJ The December ISM Non-manufacturing index was at 53.0%, down from 53.9% in November. The employment index increased in December to 55.8%, up from 52.5% in November. Note: Above 50 indicates expansion, below 50 contraction. From the Institute for Supply Management: December 2013 Non-ManufacturingISMReportOnBusiness® Economic activity in the non-manufacturing sector grew in December for the 48th consecutive month, say the nation’s … Seguir leyendo ISM Non-Manufacturing Index at 53.0 indicates slower expansion in December

Mises andRothbardonCommunistPrices http://feedly.com/k/19Kf6SE Mises is famous for having argued that socialism – in the sense of fully or nearly fully planned economies – is impossible. The existence of real world Communist systems for many decades that were able to increase real output and effect real economic development was a rather embarrassing refutation of Mises’s argument that such systems were impossible. One of Mises’s most feeble … Seguir leyendo Mises and Rothbard on Communist Prices

"Isthe U.S. economyreallyabouttogo boom?" http://feedly.com/k/1f18JMA PoliticoMagazine asks "should we really be so optimistic about the year ahead?" Mohamed El-Arian (PIMCO), Jared Bernstein (CBPP), Laurence Kotlikoff (Boston U.), Robert Reich (Berkeley), Menzie Chinn (Wisconsin U.) and Jeffry Frieden (Harvard), and Jeffry Frankel (Harvard) and Dean Baker (CEPR) respond. From the Chinn and Frieden entry: Is the American economy finally going to grow rapidly? Our book, LostDecades: … Seguir leyendo “Is the U.S. economy really about to go boom?”