Hard hitting global and local news
Read the article: Iceland Ponders Radical Money Plan Including Elimination of Fractional Reserve Lending and Deposit Insurance
Error Over Quota This application is temporarily over its serving quota. Please try again later.
Well, it’s silly season again, and Nature has a good one  and it is open Emerging evidence indicates that dragons can no longer be dismissed as creatures of legend and fantasy, and that anthropogenic effects on the world’s climate may inadvertently be paving the way for the resurgence of these beasts.
See more here: If It Ain’t Broken, Don’t Fix It: Religious Freedom Act Take II
Original post: Downside Data Surprises in Canada; Bad Weather Up North? How About Recession?
Yet another central bank has announced a warning about the perils of deflation. Please consider China Central Bank Calls for Vigilance on Deflation . China’s central bank governor Zhou Xiaochuan warned on Sunday that the country needs to be vigilant for signs of deflation and said policymakers were closely watching slowing global economic growth and declining commodity prices
Economists Fail to Predict Weather Once Again: Chicago PMI Disappoints Chicago PMI Disappoints Economists expected a rebound in the Chicago PMI index this month following its collapse last month. Alas, once again the weather was much worse in Chicago than economists thought. The Bloomberg Consensus was for a rebound from last month’s dismal print of 45.8 back into positive territory of 50.2 "Companies sampled in the Chicago PMI report continue to report a lull in activity, at a sub-50 March index of 46.3 following 45.8 in February.
Originally posted here: Pentagon Admits that Israel is a Nuclear Power
Error Over Quota This application is temporarily over its serving quota. Please try again later.
View original post here: Wishful Thinking: "Strong Growth" to Propel Housing