Hard hitting global and local news
Hard hitting global and local news
For details please see By 2015 Hard Commodity Prices Will Collapse; Australia’s Mining Boom Dies (and the Official Denials Start) Wrapping up the disaster in Australia, please see Michael Feller’s synopsis on Macro Investor Being a Bear is Not "unAustralian" . Peruse the Reserve Bank governor’s recent remarks to the senate or listen to the commentariat on talkback radio and it would seem that Australia’s economy has become victim of nothing more than an insidious rogue gloom-and-doomerism that threatens to hurt the nation, or worse. At its worst, this anti-half-glass-empty rhetoric smacks economic McCarthyism
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Via Google translate from Libre Mercardo please consider The VAT increase is the largest tax increase democracy . Each Spanish pay an average of 20.8% VAT, 369 per year, six days of extra work to comply with the Treasury.
Cargill and Others Behind anti-Organic "Stanford Study" Anti-organic "study" is not news, rather, coordinated propaganda campaign. by Tony Cartalucci  September 5, 2012 – Harry Wallop of the London Telegraph ends his anti-organic food editorial with the following sentence: "Tomorrow, the baby is going to get an extra dollop of pesticide-sprayed carrots." Whether or not Wallop is as brain-addled as he leads on to being, the point of his editorial is to encourage similar attitudes amongst the Telegraph’s readership, attempting to manipulate public perception in the wake of a recent Stanford University "study" regarding organic food. Image : Conflict of interest?
Originally posted here: UK Obsession With Regime Change Responsible for Syria Catastrophe
By 2015 Hard Commodity Prices Will Collapse; Australia’s Mining Boom Dies (and the Official Denials Start) I have been calling for a base metals bust for some time, fueled by a slowdown in China. Michael Pettis at China Financial Markets has been saying the same thing. Indeed, it is analysis from Pettis that influenced my views in the first place
1 Key Points The PMIâ„¢ registered 49.6 percent, a decrease of 0.2 percentage point from July’s reading of 49.8 percent, indicating contraction in the manufacturing sector for the third consecutive month.