Hard hitting global and local news
View original post here: Romney’s Nearly Impossible Math; Foot-in-Mouth Disease; Mish Electoral College Prediction
View article: Reflections on Social Media and Demographics
Read this article: Rehypothecated "Ghost" Steel Pledged as Assets in China, Nowhere to be Found; Did it Ever Exist?
If you are seeking an amusing yet disconcerting diversion from QE talk, please consider Lawmaker fined about $4,000 for insulting EU chief . How much does it cost to tell the one of the EU’s top officials he has "the charisma of a damp rag?" About €3,000, or close to $4,000, as a European member of Parliament has discovered.
More: Infinite QE; Central Bank Balance Sheets as Percent of Nominal GDP; Euro Demand Deposits; Break-Even Inflation Trends
View original post here: Battle Between Germany and France Over Spain Bailout Application; Numerous EU Ministers At Odds Over Banking…
Continued here: The bridge we need? Fracking depends on context.
More: That stagflation they predicted in 2009 doesn’t seem to be happening
View post: Email From Lead Analyst, Weekly Petroleum Supply Team on Possibility of Recession