    LifeStraw Personal Water Filter - $19.95 Retail Price: $29.95 You Save: $10.00 from: Eartheasy.com   | acting-man.com / By Pater Tenebrarum / May 7, 2013 Deficit Spending is Just Fine It was clear that once enough time passes without further market pressure, politicians would seize the opportunity to return to their bad habits in full force. In the forefront of the EU’s ‘anti austerity’ movement we find – [...] zerohedge.com / By Charles Gave / May 6, 2013, 09:03 -0400 Authored by Charles Gave of GK Research, A Gavekal Company, Last month we laid out the reasons why France was On The Brink Of A Secondary Depression—in short, due to a deadly collision of French politics with Frankensteinian monetary union. Unfortunately, subsequent data confirms [...] testosteronepit.com / By Wolf Richter / May 2, 2013, 6:46PM Class-action lawsuits allow the little guy to stand up to a multinational corporation and seek redress for some injustice. The idea is that hundreds of thousands of little guys band together and promise a lawyer a big part of the take. Thus [...] testosteronepit.com / By Wolf Richter / May 2, 2013, 6:46PM Class-action lawsuits allow the little guy to stand up to a multinational corporation and seek redress for some injustice. The idea is that hundreds of thousands of little guys band together and promise a lawyer a big part of the take. Thus motivated, the [...] Estate agents’ signs advertise apartments for sale in Madrid. Spanish property prices have already dropped by 28pc from their peak in March 2008 and face a fall of 8pc this year and 5pc next year Photo: Bloomberg News telegraph.co.uk / By Ambrose Evans-Pritchard / 5:06PM BST 29 Apr 2013 Spanish house [...] zerohedge.com / By Tyler Durden /04/13/2013 21:51 One more domino in the dollar reserve supremacy regime falls. Following the announcement two weeks ago that “Australia And China will Enable Direct Currency Convertibility“, which in turn was the culmination of two years of Yuan internationalization efforts as summarized by the following: “World’s Second [...] One French banker told Les Echos that the Tobin Tax was ‘a weapon of mass destruction that is going to ruin our financial sector’ telegraph.co.uk / By Ambrose Evans-Pritchard / April 10, 2013, 7:40PM BS France’s experiment with the Tobin Tax has proved a spectacular flop. Its finance ministry admits [...] zerohedge.com / By Charles Gave / April 9, 2013, 11:01 -0400 Authored by Charles Gave of Gavekal.com, France is engulfed by a political, economic and moral paralysis. The president has record low popularity, unemployment is making new highs and the tax czar of a supposedly left wing government just quit after repeatedly [...] testosteronepit.com / By Wolf Richter / April 5, 2013, 9:23PM “I need to hire more people, but the government won’t let me,” said my friend, an internet entrepreneur in France, one of the intrepid figures still slugging it out over there—in a country whose relentlessly deteriorating unemployment problem is gnawing at the [...] Jérôme Cahuzac, tax enforcer – the sign says: “The battle against tax fraud” acting-man.com / By Pater Tenebrarum / April 3, 2013 A Supremely Ironic Moment in France This is one to be savored…a prominent member of the highway robber brigade that is the French government has now been found to have [...] gainspainscapital.com / By Graham Summers / April 3, 2013 Add the total and complete hypocrisy of France to the list of reasons to avoid putting a cent in the EU. We already know about Spain where Prime Minister Mariano Rajoy was “allegedly” receiving bribes from property developers throughout the housing bubble… while THREE different [...] blog.milesfranklin.com / By Bill Holter / April 1, 2013 Imagine that 2 weeks ago you were a Cypriot and faced losing some or all of your bank balances. What would you have thought? I ask you this question because chances are… you are not a Cypriot and you haven’t had your life savings “locked up” [...] globaleconomicanalysis.blogspot.ca / By Mike “Mish” Shedlock / Friday, March 22, 2013 11:39 AM Sticking with his economically insane campaign promise to construct 500,000 new homes in 2013, Hollande Announces 20 Measures to Support Home Building. Advocating a “confidence shock” to revive the building “against the Emergency Economic, social and environmental” the head [...] armstrongeconomics.com / By Martin Armstrong / March 22, 2013 The deal with Russia collapsed as sources there claim there were phone calls burning up the wires in that part of the world. They say USA made calls warning Russia not to intervene and others claim this will help Europe. I do not [...] globaleconomicanalysis.blogspot.com / By Mike “Mish” Shedlock / Thursday, March 21, 2013 2:18 PM There are few sure bets economically speaking (especially if one has to put a timeframe on them), but some things come close. One easy call was for a continued implosion in France. Sure enough the Markit Flash France PMI [...] globaleconomicanalysis.blogspot.ca / By Mike “Mish” Shedlock / Mike “Mish” Shedlock This amusing headline story by Bruno Moschetto, a professor of economics at the University of Paris in the French newspaper Le Monde has me laughing out loud this morning: “No, France is Not Bankrupt” No, France is not bankrupt … The [...] testosteronepit.com / By Wolf Richter / March 19, 2013, 8:32PM For some companies—those that know how to leverage worldwide tax systems—France offers a free ride. But as the French government chases down the last euro in a vain effort to make ends meet, it’s not only going after multinationals and their tax [...] silverdoctors.com / By Adam Hamilton / March 16, 2013 The Golden Jackass Jim Willie sat down with The Doc for a MUST LISTEN interview regarding the markets, gold & silver, and a coming European banking collapse. Willie made explosive allegations regarding the banking cartel, stating that the US & France launched an invasion of Mali [...] goldnews.bullionvault.com / By Porter Stansberry / March 14, 2013 Forget recent stock highs, the US economy is not in great shape… WHEN the Dollar loses value, it causes the nominal price of stocks and the nominal amount of earnings to go up, writes Porter Stansberry for the Daily Wealth. In short, a weaker Dollar [...] globaleconomicanalysis.blogspot.ca / By Mike “Mish” Shedlock / Thursday, March 14, 2013 12:00 PM I find it increasingly difficult to keep up with economically stupid proposals. Commenting on central bank foolishness is a full time job in and of itself. Factor in unions, Keynesian and Monetarist clowns, and I hardly get any sleep. Economic nonsense [...] globaleconomicanalysis.blogspot.com / By Mike “Mish” Shedlock / March 12, 2013 Housing starts in France will fall to 280,000-300,000 in 2013, the lowest level in 50 years warns developer Nexity. The government wants 500,000 units per year. French president Francois Hollande thinks he knows the proper amount of houses that need to be built. Therefore, Hollande [...] globaleconomicanalysis.blogspot.com / By Mike “Mish” Shedlock / Sunday, March 10, 2013 4:47 PM The following Eurostat chart shows that government spending in France accounting for close to 56% of GDP. The above chart shows it’s silly to propose France has been involved in any sort of genuine austerity program, yet that is [...] globaleconomicanalysis.blogspot.com / By Mike “Mish” Shedlock / Wednesday, March 06, 2013 12:34 PM The Markit Eurozone Composite PMI Final Data shows the Eurozone downturn accelerates. Key Points: Final Eurozone Composite Output Index: 47.9 (Flash 47.3, January 48.6) Final Eurozone Services Business Activity Index: 47.9 (Flash 47.3, January 48.6) At 47.9 in February, the Markit [...] globaleconomicanalysis.blogspot.com / By Mike “Mish” Shedlock / Monday, March 04, 2013 12:17 PM European bulls lauding the message “the worst is behind” received another dose of reality today. Data shows German car sales plunge as Europe’s auto crisis deepens. New car sales in Germany fell by more than 10 percent year-on-year [...] zerohedge.com / Tyler Durden / March 4, 2013, 06:30 -0500 “My mission is to tell the world that you can sit on your meat and eat it too” Jean-Guillaume Dufour Restaurateur Even as the blissfully unaware people of one nation after another have learned much to their disgust that over the past however many years [...] |
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