Ron Paul Ruins a Great Economic Rant, Being Seriously Wrong on One Key Point
Excerpt from: Ron Paul Ruins a Great Economic Rant, Being Seriously Wrong on One Key Point
Hard hitting global and local news
Excerpt from: Ron Paul Ruins a Great Economic Rant, Being Seriously Wrong on One Key Point
In yet another act of economic stupidity, France targets Amazon to protect bookshops . France’s parliament has passed a law preventing internet booksellers from offering free delivery to customers, in an attempt to protect the country’s struggling bookshops from the growing dominance of US online retailer Amazon.
Reuters reports Pimco’s Gross: Low interest rates may persist for decades Bill Gross, manager of The Pimco Total Return Fund, said on Wednesday that the global economy may be facing low policy rates for decades. Gross wrote in his October investment outlook that investors should "bet against" expectations that the federal funds rate – the U.S. Federal Reserve’s benchmark short-term borrowing rate – will rise by one percentage point by late 2015
See the original article here: More Government Shutdown Hype