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See the original post: Police State "Ministry of Truth" Hits Spain; Man Fined for Calling Police "Slackers" on Facebook
Specifically, Hollande wants to eliminate "insufficiencies" (not inefficiencies) of the existing levels of government. Let’s have a recap.
Continue Reading: Final Second Quarter "GDPNow" Forecast 2.4% vs. Bloomberg Consensus 2.9%
Stench from Chicago so Bad, Fitch Finally Smells It Posted by Michael Shedlock at 5:32 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)
While the politicians are are scrambling to "save" Greece, please note Italy’s Non-Performing Loans Hit a New Record High . The real danger to the euro area probably doesn’t emanate from Greece, but from two of its heavyweights, namely France and Italy. A small note in the European press reminds us that all is not well in at least one of these countries, least of all with its banks (currently this is only a “page 16 storyâ€, but it has great potential to eventually move to the front page)
Originally posted here: Fed Staff Accidentally Posts Bearish Economic Forecast and Prediction Inflation Would Not Hit 2% by 2020; Upset…
After being net long all the way from $1900 to $1100, Bloomberg reports Hedge Funds Are Holding First-Ever Gold Net-Short Position . Hedge funds are holding the first ever bet on a decline in gold prices since the U.S
View post: New Home Sales Unexpectedly Decline 6.8%, April and May Revised Lower; Writers Still Upbeat
Greece Crisis: A Musical "Grease" Parody Posted by Michael Shedlock at 3:19 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.
Read the original: SuperBull Club: RBC Ups Morgan Stanley, Says Bull Market to Continue 6 Years; Sobering Alternative View from…