GoebbelsWould Be Proud: EuropeanUnionPullsReportAllegingSpanishEconomic Data IsMadeUp http://feedproxy.google.com/~r/zerohedge/feed/~3/skCrhmL9GPA/story01.htm One of the underreported stories from last week was the implicit announcement by the official statistical agency of the European Union – Eurostat – that Spanish budget (and who knows what other) data is now just one big lie. Last Tuesday Bloombergreported: "European Union officials made an extraordinary visit to Spain in September thatsignalsescalatingconcernaboutthereliabilityofthecountry’sbudget data. EU statisticians ordered … Seguir leyendo Goebbels Would Be Proud: European Union Pulls Report Alleging Spanish Economic Data Is Made Up

Post de la forera Ane Iguain de burbuja.info: El precio de la vivienda modera su caída en octubre al 8,5%, según datos de Tinsa – elEconomista.es “modera y tinsa” que me aparecen al escribir el título del post:    El precio de la vivienda modera su caída y baja un 4,6% en abril, según Tinsa El precio de la vivienda modera su descenso en noviembre, … Seguir leyendo El precio de la vivienda modera su caída en octubre al 8,5%, según datos de Tinsa

Meet "FiatLeak.com" – Real Time MapOfBitcoinTransactionsByCountry http://feedly.com/k/1blDJiH With Bitcoin ranging from $395 to $295 and back up to $370 in the last 24 hours, keeping an eye on where exactly the "selling" and "buying" is coming from may prove useful to some. As LibertyBlitzkrieg’sMikeKriegerhighlights, there is a site for that "FiatLeak.com," which uses data from the three major Bitcoin exchanges for which data is published, … Seguir leyendo Meet “FiatLeak.com” – Real Time Map Of Bitcoin Transactions By Country

TheDayTheBubbleBecameOfficial, AndEveryoneWasHappy http://feedly.com/k/1blSqlK A new era has dawned: there is now a consensus that this is a stock market bubble. We’re back where we were during the last bubble, or the one before it. How do I know it’s not just some intrepid souls on the bleeding edge who are claiming this, but a consensus? shared via http://feedly.com Seguir leyendo The Day The Bubble Became Official, And Everyone Was Happy

Inspiteofcurrencydisadvantage, Germany competes onbrand http://feedly.com/k/1blSm5q Germany’s trade figures continue to surprise to the upside. The latest merchandise trade number came in at €18.9bn, while economists were expecting €15.5bn (according to Econoday). Source: Econoday The question of course is how does Germany do this given that it is competing directly with Japan in global markets. And Japan has had one key advantage – a weakening currency, … Seguir leyendo In spite of currency disadvantage, Germany competes on brand

WTFChartOfTheDay http://feedly.com/k/1i24IGm With stocks at record highs, ongoing commentary that retail is back and will lift all boats to infinity and beyond, it seems the professionals in the credit market are not amused. We have noted the ongoing divergence between the asset-classes for two weeks now but with today’s ultra-low volume drift higher in stocks, the drop in high-yield bonds is even more notable. The … Seguir leyendo WTF Chart Of The Day

USCapacityUtilisationisHistoricallylow http://feedly.com/k/1i24uPB According to this graph (open in a new window to view it properly), the US stimulus restored capacity utilisation from the worst plunge in the data shown, but nevertheless it is still relatively low by recent historical standards, which indicates that the US is far from full employment. Just look at where the rate was back in last booms of the golden age … Seguir leyendo US Capacity Utilisation is Historically low

Fracking Boom LeadingtoFrackingBust http://feedly.com/k/1aAJWX3 Climate Central has a look at the shale oil boom, quoting Dave Hughes and Arthur Berman – Fracking Boom LeadingtoFrackingBust. Scientists studying oil and gas well production data are beginning to question how long the boom will last, however, suggesting that a shale oil and gas bust may come sooner than expected, even as the industry insists that the boom has … Seguir leyendo Fracking Boom Leading to Fracking Bust

MysteryBehindSpanishBanks’ Extend-And-Pretend "BadDebtMiracle" Revealed http://feedly.com/k/HJiyzu One of the mysteries surrounding the insolvent, and already once bailed out Spanish banking sector, has been the question why reported bad loans – sharply rising as they may be – are still as relatively low as they are currently, considering the nation’s near highest in the Eurozone unemployment rate, and in comparison to such even more insolvent European nations … Seguir leyendo Mystery Behind Spanish Banks’ Extend-And-Pretend “Bad Debt Miracle” Revealed