Cross-Border Deflation: US Export Prices Collapse Most Since July 2009; How Damaging is Price Deflation?
View article: Cross-Border Deflation: US Export Prices Collapse Most Since July 2009; How Damaging is Price Deflation?
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View article: Cross-Border Deflation: US Export Prices Collapse Most Since July 2009; How Damaging is Price Deflation?
Reuters reports China Deflation Fears Grow as Producer Prices Sink Most in Six Years . China’s manufacturers slashed prices at the fastest rate in six years in August as commodity prices fell and demand cooled, signaling stubborn deflation risks in the economy and adding to expectations for further stimulus measures
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View article: German Reader on "Political Correctness"; Denmark Cancels All Trains From Germany; Juncker Pleads for Compulsory Refugee Quotas
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In yet another oil price crash side effect, Dollar Denominated Loans in Saudi Arabia Jump 600% . Dollar borrowing in Saudi Arabia has surged seven-fold this year as the kingdom’s companies switch out of increasingly expensive local currency-denominated loans. About 65 percent of all loans taken out in Saudi Arabia through Tuesday were in dollars, compared with 13 percent for all of 2014, according to data compiled by Bloomberg
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Tweet John Chait in New York Magazine, has a thumb sucker balancing between glory and despair about the upcoming Paris conference For human to wean ourselves off carbon-emitting fossil fuel, we will have to use some combination of edict and invention — there is no other plausible way around it. The task before the world is best envisioned not as a singular event but as two distinct but interrelated revolutions, one in political willpower and the other in technological innovation. It has taken a long time for each to materialize, in part because the absence of one has compounded the difficulty of the other.
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