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View post: NSA Monitored 60 Million Phone Calls in Spain; Drowning in Useless Data; Hello NSA!
Pettis: "Abenomics Likely to Fail in Medium Term, Debt Matters" Michael Pettis, at China Financial Markets , discusses Abenomics, Japan’s shrinking (for now) current account surplus, debt, and interest rates in an interesting email. From Pettis … Abenomics in Japan is likely to put upward pressure on the national savings rate in Japan (but not necessarily on the household savings rate).
Continued here: 4th and 1st Amendments Under Fire; "Everyone Spies" a Favorite Cry of US Apologists; War Against Journalists; "We…
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Original post: More Obamashock! Glitches Hit Paper, Phone Applications; Obamacare Glitch Great Quotes
Tweet Per Eli’s post below , Judith Curry’s put up a silly guest post by Rud Istvan saying that climate change poses no water supply problems to Caribbean islands. There are too many fish to shoot as Istvan gishgallops them in the barrel, so let’s talk first about where he’s right: Â if nobody lived on these islands, then there’d be no water supply problems on those islands for those people who don’t live there.
Continued here: New Tools! More Pure Bank Profit!
See more here: You’re getting to be a rabbit with me!
Excerpt from: NSA Monitored Calls of 35 World Leaders; Mistrust Mounts: Merkel and Hollande to Change Intelligence Ties With US;…
Montebourg Preserves "French Gem" DailyMotion From the Clutches of Yahoo! – The day Arnaud Montebourg prevented the acquisition of DailyMotion by Yahoo! France Goes After "Red Bull" Energy Drinks Where there’s socialists, there’s economic nonsense. Here is another case in point via translation from Les Echos .