Hard hitting global and local news
Productivity Dives, Wages Rise; Inflation Theory vs. Practice; Technical Recession? Today’s BLS release on Productivity and Cos ts shows a back-to-back decline in productivity accompanied with rising wages
Continue reading here: Biodiversity loss is an order of magnitude worse than other climate impacts….
European 10-Year Bond Yields Spike Higher; Contagion Already?
Link if video does not play: Chicago BOE to default? Three minutes flies by fast
JS-Kit / Echo Comments Defunct Posted by Michael Shedlock at 2:21 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s)
Links UN Peacekeepers: Enemies of International Law May 6, 2015 ( Valery Kulikov – NEO ) – The recent scandal involving the sexual abuse of African children carried out by members of a UN peacekeeping mission, despite numerous efforts of this international organization to play it down, will not be ignored.
On April 29 in Real Q1 GDP 0.2% vs. Consensus 1.0%; Disaster in the Details I commented "The second estimate of Q1 GDP comes out on May 29. Any number of changes could send Q1 negative." Here we are already
Tweet Back in 1988, in the original GCM, Hansen summarized the situation going forward. Â The most important part of this figure is that grey band, and the implication that the world would soon enter that region, as indeed it has. Â The top end of the gray Eemian is well below 2 C Â pre-industrial, something that scared Hansen thirty years ago, because he knew what that meant for the world
Pierre Moscovici, the European commissioner for economic affairs, warns Debt Talks on Hold Until Greece Agrees Reforms . Greece’s eurozone creditors will not discuss how to get the country’s sovereign debt back on a sustainable path until Athens agrees to a new economic reform programme that would release €7.2bn in desperately needed bailout funds, the EU’s economic chief said on Tuesday. Pierre Moscovici, the European commissioner for economic affairs, said debt issues “can only be discussed after we have agreed a reform programmeâ€
Many producers have approached Ron Paul about doing a documentary regarding Paul’s philosophical views. Until now, Ron Paul has turned down all such overtures. Empire of Lies I am pleased to report that Ron Paul just now authorized a long-time friend, Charles Goyette, to make that documentary