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trueeconomics.blogspot.com / Dr. Constantin Gurdgiev / Friday, February 21, 2014
Over recent years I wrote extensively about the issues of negative equity and the costs of this phenomena to the society and economy at large. Much of the research in this areas focuses on the US data, with some departures for German and Italian data [...]
testosteronepit.com / By Wolf Richter / FEBRUARY 13, 2014 AT 12:15AM
Maybe it worked. He needs all the help he can get: when French President François Hollande was paraded around Washington D.C. by President Obama, the French government-owned TV channel France 2 described the two as exhibiting, or at least trying to exhibit, “harmony.” Then [...]
armstrongeconomics.com / by Martin Armstrong / February 11, 2014
QUESTION: I’m not clear about the purpose of the ECB. Each member country goes to the international capital market and gets a different cost for its bond issuance based on its credit worthiness and other factors. If the ECB’s role is to redistribute the debt loads [...]
zerohedge.com / by Tyler Durden / 01/31/2014 10:43 -0500
There was a time – roughly between May 2010 and the spring fall of 2011 – when all the world had to worry about was Greece. Then the realization finally dawned that since a Grexit from the Eurozone would kill the EUR and theEuropean integration [...]
zerohedge.com / by Tyler Durden on 01/30/2014 15:04 -0500
When your manufacturing industry unions kidnap their business leaders, taxes reach extremes of duress, industrial production limps lower and unemployment hits record highs; it is hardly surprising that the world is a little nervous of piling its hard-printed cash into your country. But in the [...]
gata.org / Chris Powell / Sunday, January 19, 2014
Today’s fuss about the German Bundesbank’s repatriation over the last year of only 5 of the 300 tonnes of its gold that it planned to repatriate from the Federal Reserve Bank of New York should include a fuss about the Bundesbank’s similarly pitiful repatriation of [...]
zerohedge.com / by Tyler Durden on 01/14/2014 14:01 -0500
Poor Uber: the limo company has had its share of tribulations in the US over the past month, being accused periodically of price gouging when it implemented surge pricing during times of peak demand and lack of alternatives (and a very confused consumer, who naturally [...]
acting-man.com / By Pater Tenebrarum / January 13, 2014
Nothing Left to Lose?
In a recent article at Reuters, the hope was expressed that the approval rating of France’s president Francois Hollande (lately renamed ‘LOL-lande’ in the French press and ‘Niemandshand’ in the Dutch press for reasons explained further below) has by [...]
zerohedge.com / by Tyler Durden on 01/06/2014 17:31 -0500
Workers at a tire plant in Northern France have taken two managers hostage until Goodyear (the firm that owns the plant and has been trying to shutter it for years) meets the mabor unions demands. WSJ reports, as Goodyear winds down operations with the plant [...]
globaleconomicanalysis.blogspot.com / By Mike “Mish” Shedlock / Saturday, December 28, 2013 2:12 PM
The economic stupidity in France is astounding. It’s hard keeping up with all the inane ideas of President Francois Hollande’s socialist administration. Here’s another one of Hollande’s ideas for your amusement.
RT reports French broadcasting watchdog CSA eager to tax YouTube, [...]
zerohedge.com / by Tyler Durden on 12/27/2013 15:02 -0500
In order to finance the “culture industries’ digital transition,” France’s Culture Ministry believes Facebook and YouTube should be included in the so-called “Culture Tax” that movie theaters and broadcasters currently pay. The argument is that these sites have become “professional” content providers of video-on-demand serives. [...]
acting-man.com / Pater Tenebrarum / December 27, 2013
Government Spending and Growth
French president Francois Hollande seems to have realized that something needs to change in France, as the economy continues to remind one of an overcooked vegetable – limp, soggy and all around unappealing.
As a reminder, when Hollande ran for the presidency, [...]
zerohedge.com / by Tyler Durden on 12/19/2013 12:14 -0500
Take one serving of pre-triple dip recessionary France, add a dash of US-made drones, drop a pinch of Al Qaeda scapegoating and the now generic false flags, and let it all simmer in the latest global conflict in which the uninvited west has decided it [...]
globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / Saturday, December 14, 2013 4:40 PM
In October, French Prime Minister Jean-Marc Ayrault said he was “deeply shocked” by reports that the US National Security Agency had secretly monitored tens of millions of phone conversations within France and demanded an explanation.“Susie Did It Too!”
zerohedge.com / by Tyler Durden / 12/05/2013 09:47 -0500
Europe’s second largest economy and crucial to the core founding partnership of the euro project, France, has seen its unemployment rate rise unceasingly for 9 quarters in a row now. At 11.03%, French unemployment has not been higher since Q3 1997. Of course, [...]
"The best raw material to hold in my opinion is silver. That’s what I felt 30 years ago and is what I feel today. Silver one of the very few commodities that the average person is capable of holding in his own possession. In particular, the US Mint makes the most beautiful and popular coin in the world in the form of the US Silver Eagle. So popular is this coin that I am still convinced that someday the US Mint will not be able to keep up with demand and the premiums on these coins will explode when the US Mint stops producing them. The way the world is going it appears that all the trends point towards greater silver demand. It looks to me that everything in the future will run on electricity, of which silver is the best conductor. Throw in the tremendous appeal and growth of solar panels and it’s hard to foresee how silver won’t be a raw material superstar." - Israel Freidman