TheFailureOfAbenomicsInOneChart… WhenEvenTheJapanesePressAdmits "EasingIsNotWorking" http://feedproxy.google.com/~r/zerohedge/feed/~3/54ep3jNUAqI/story01.htm Since late 2012 Zero Hedge has been very critical of Japan’s Abenomics experiment, and its first and only real arrow: a massiveincreaseinthemonetary base thankstotheBOJ’sshockandaweQEannouncedinApril, resulting in the collapse of the Yen (although in a not zero sum world this means ever louder complaints from US exporters such as Ford competing with Japanese companies), a soaring Nikkei (if only through May), and … Seguir leyendo The Failure Of Abenomics In One Chart… When Even The Japanese Press Admits “Easing Is Not Working”

SpanishBadLoansRe-AccelerateTo New RecordHigh http://feedproxy.google.com/~r/zerohedge/feed/~3/Hd4CwY1LUsg/story01.htm Amid the SpanishFinMin’s "concernsaboutthe pace oftheincrease" ingovernmentdebt, and PM Rajoy’s confidence that the nation would exit the eurozone-fueled banking bailout by January, bad loans in the still disastrously-troubled nations have re-accelerated to an all-time record high of 12.68% of total loans. Mostly linked to the collapsed property sector, bad loans climbed by 6.9 billion euros from the previous month to an … Seguir leyendo Spanish Bad Loans Re-Accelerate To New Record High

Guest Post: TheComingBustOfTheGreatBakkenOilField http://feedly.com/k/IaPzEJ SubmittedbySteveviaSRSroccoReportblog, There has been a lot of Fanfare on the huge increase of oil production coming from the Bakken Field located in North Dakota. There are many stories of people moving to the state to take advantage of the new OIL BOOM. It seems like everyone is going there to start a new life and make it rich in one of … Seguir leyendo Guest Post: The Coming Bust Of The Great Bakken Oil Field

BitcoinSoarsAbove $600: Rises 20% InOneDayAheadOfSenateHearing http://feedproxy.google.com/~r/zerohedge/feed/~3/nv1wpK–qm3I/story01.htm While the relentless multiple expansion (if not so much earnings growth and certainly not revenue contraction) looks set to push all three main stock indices over the key psychological levels of 16000, 1800 and 4000, with the all time bubble high on the Nasdaq increasingly looking like the next big target, the stock market mania has nothing on Bitcoin, … Seguir leyendo Bitcoin Soars Above $600: Rises 20% In One Day Ahead Of Senate Hearing

TalebBlastsBernanke & Greenspan, Warns "DebtRaisesTheRiskOfCatastrophe" http://feedly.com/k/I0mTyR "Debt increases tail-risk," warns anti-fragility expert Nassim Taleb, "whether it’s personal, corporate, or governmental." A rise in debt, he warns, implies nothing less than a rise in "the risk of catastrophe," and Taleb chides, governments "should be focusedinrisk-management… insteadofcreatingtheserisks." This brief Bloomberg TV clip cuts to the chase as the normally circumlocutory Taleb unloads on the perils of central … Seguir leyendo Taleb Blasts Bernanke & Greenspan, Warns “Debt Raises The Risk Of Catastrophe”

TheGreatRotation: FromBullionToBitcoin http://feedproxy.google.com/~r/zerohedge/feed/~3/Uce1y4IIZmY/story01.htm Well you buy what’s working, right? Don’t fight the Fed? Oh wait… BTC just hit $670… shared via http://feedly.com Seguir leyendo The Great Rotation: From Bullion To Bitcoin

ExtortionOverMinimumWageInGermany: BMW, Daimler, VWThreatentoOffshoreProduction http://feedly.com/k/1bVml6b Germany has neither a minimum wage nor a government. Someday it might. If not, there will be new elections, and Chancellor Merkel might get pummeled because she’d be blamed for them. So she’s trying to form a coalition with the left-leaning SPD on whose list of campaign promises was a decent minimum wage. shared via http://feedly.com Seguir leyendo Extortion Over Minimum Wage In Germany: BMW, Daimler, VW Threaten to Offshore Production

Polonia: “Salarios de hambre” | Presseurop.eu: actualidad europea, viñetas y revistas de prensa http://feedly.com/k/1bVlW3B shared via http://feedly.com Seguir leyendo Polonia: “Salarios de hambre” | Presseurop.eu: actualidad europea, viñetas y revistas de prensa

Bresser-Pereiracallsfortheendofthe euro http://feedly.com/k/1bVlEd6 In his recent column on the European crisis Bresser suggests that in the absence of depreciation the Southern countries would be better off by abandoning the euro. If the Southern countries had their own currencies, the adjustment would be simple: it would be enough to depreciate their currencies in relation to the German currency. Since they have a common currency, the solution … Seguir leyendo Bresser-Pereira calls for the end of the euro

BundesbanksaysItalianandSpanishbanksstillhookedonhomestatedebt http://feedly.com/k/1f8WqwX The Bundesbank always like to spoil the party. Tucked away on page 33 if its November monthly report is a reminder that the banking systems and sovereign states of southern Europe remain stuck in a vicious circle: Italian banks have increased their holdings of Italian public debt from €240bn to €415bn since November 2011 (+ […] shared via http://feedly.com Seguir leyendo Bundesbank says Italian and Spanish banks still hooked on home state debt