El círculo vicioso de la impunidad política

   En este país de desalmados gobernantes, en el que el dinero y el enriquecimiento rápido de una casta insoportable, cual nueva aristocracia, sumerge en la miseria a cada vez más personas, se cierne sobre las sufridas espaldas de los ciudadanos el peso de la total y absoluta impunidad de la clase política y finaciera, que la misma cosa son. Si algo hay que reconocer  … Seguir leyendo El círculo vicioso de la impunidad política

Abenomics One Year Later

AbenomicsOneYearLater http://feedly.com/k/1cnN8N1 One year later and due mainly to the fact the Japanesestockmarket has risenanastounding 70% year-over-year, talking-heads, politicians, and central bankers proclaim Abe’s trip into the monetary policy black hole as a success (itwouldseemonthat basis thattheheadofVenezuela’s "central bank" deserves a Nobel prize). Abe has managed to devaluehisnation’scurrencyby 25.5% against the USD in that time and the price of Japanese government bonds (despite some early … Seguir leyendo Abenomics One Year Later

Expect to Be Paid in Spain? This Year? By the Government? Then Take a Haircut!

Expectto Be PaidinSpain? ThisYear? BytheGovernment? ThenTake a Haircut! http://feedly.com/k/18wkeC9 Here’s an interesting post about service providers in Spain, owed money and interest by the government. Via translation from Cinco Dias, please consider ProvidersWhoWantPaymentThisYearHavetoAccept a Haircut The Delegate Commission for Economic Affairs gave the green light to the last phase of the plan to settle the commercial debt. €6.5 billion has been allocated to settle unpaid … Seguir leyendo Expect to Be Paid in Spain? This Year? By the Government? Then Take a Haircut!

Food Inflation in India Hits 18.4%; RBI Expected to Hike Rates; Pause Before Rupee Collapse?

FoodInflationin India Hits 18.4%; RBIExpectedtoHikeRates; Pause BeforeRupeeCollapse? http://feedly.com/k/1dGfgdY As food inflation in India soars out of sight, Yahoo! Finance reports India expectedtoraiseinterestrates, rollbackrupeesupport India’s central bank is expected to raise policy interest rates for the second time in as many months on Tuesday to fight stubbornly high inflation, while rolling back further emergency measures put in place recently to support the slumping rupee. Despite the … Seguir leyendo Food Inflation in India Hits 18.4%; RBI Expected to Hike Rates; Pause Before Rupee Collapse?

At the edge of time

Attheedgeof time http://feedly.com/k/1bwkrZm This is a post published by Luis de Souza on his blog "attheedgeof time." Among other things, Luis is a researcher at the CRPHenriTudor in Luxembourg and a PhD student at the Technical University of Lisbon. He is also one of the coauthors of the 33rd report to the Club of Rome titled "PlunderingthePlanet". Here, he presents an interpretation of the recent … Seguir leyendo At the edge of time

Home Sales Collapse At Fastest Rate In 40 Months; Stocks Spike

Home Sales CollapseAtFastestRateIn 40 Months; StocksSpike http://feedly.com/k/1cmIBKM Despite Joe Lavorgna’s seemingly gigantic cognitive dissonance in the face of this report, the pending home sales data collapsed in September (and remember this is before the shutdown and was heralded at the time as buyers rushing to buy before the risk of the shutdown slowed acceptances). Affordability,as eargued by some serial extrapolators as still being ‘relatively’ positive … Seguir leyendo Home Sales Collapse At Fastest Rate In 40 Months; Stocks Spike