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Mish Android Phone App on Google Play Posted by Michael Shedlock at 12:29 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice.
Eli Rabett Eli Rabett Eli Rabett is a not quite failed professorial techno-bunny, a chair election from retirement, at a wanna be research university that has a lot to be proud of but has swallowed the Kool-Aid.
I have the answer: Obama’s transparency is Where the Sun Don’t Shine .
Via Google Translate, El Economista reports Spain’s Budget Deficit Grew by 35.4% in January to 1.2% of GDP . The government deficit in terms of national accounts in January reached 12.729 billion euros, equivalent to 1.2% of GDP, representing an increase of 35.4% over January 2012.
Original post: An Offer You Cannot Refuse; EU Passes Law Forcing Countries to Take Bailout; Is Spain the First Target?
Originally posted here: Mish Android App on Google Play
View the original here: Housing Construction in France Lowest in 50 Years; Hollande Responds With Measures to Support Building "For…
Bloomberg reports Japan Machinery Orders Fall 13% in Sign of Limits on Investment . The decline from the previous month, announced by the Cabinet Office today in Tokyo, compared with the median estimate in a Bloomberg News survey of 26 economists for a 1.7 percent fall.
As reported by Yahoo! Fiance ,Roubini stated ECB must cut rates or risk crisis again The bank would act eventually to avoid the recession getting worse, but risked doing "too little, too late," Roubini said in an interview with CNN’s Nina dos Santos. "They have to cut the policy rate, they have to stimulate the economy, they have to try to weaken the value of the euro," said Roubini, who was credited with predicting the financial crisis of 2008. "The euro should be 10, 20 or even 30% weaker to restore the competitiveness of the [eurozone] periphery," Roubini said
More here: Rise of the Eurosceptics in Germany; One in Four Would Vote for Anti-Euro Party