Hard hitting global and local news
Twitter, can be succinct @E__Strobel @CColose @ClimateOfGavin @AdamFrank4 Explicative value is strong, predictive only in the long run — eli rabett (@EthonRaptor) June 9, 2015 Damn well better, but Steve Easterbrook has a nice explanation of what GCMs are and are not.
Read more here: Steen Jakobsen: US Credit Cycle Peaked, Zero Growth Coming to Europe, Gold 1425 by Year End
The Financial Times reports Anxious Greeks Pull Money from Banks Amid Fears of Capital Controls . Two weeks after Greece’s leftwing Syriza party won power at a general election in January, Panayotis Fotiades pulled his deposits from an Athens bank
Seven Charts Explain Why Chicago Bonds Rated Junk Looking for a reason Chicago bonds are rated junk?
View article: Greek "Paperology"; Obama Pressures Greece; Proposal Dismissed by Creditors as "Vague Rehash"; Dismal Choices
More: Volcker Sounds Alarm Over States’ Budget Gimmicks, Pension Assumptions
Read the original: Logistics 101: Where Does ISIS Get Its Guns?
Tweet Maxim Lott sees the slope of the line for the last 17 years as being virtually flat. I imagine that if he went for a run and came to a hill, he wouldn’t even notice it. The NASA data he cites is here  (which doesn’t include any of the scorching 2015 data), and his article here
Originally posted here: At Least Two More Illinois Cities Poised for Bankruptcy