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Continue Reading: Retail Sales in Spain Plunge 10.9%, Largest Drop on Record; All Pain, No Gain
More than half of college graduates move back home, sociologist Katherine Newman wrote in her book, " The Accordion Family: Boomerang Kids, Anxious Parents, and the Private Toll of Global Competition ," based on surveys conducted worldwide.
Poll Shows Overwhelming Support for Secessionist Candidates in Catalan Election Posted by Michael Shedlock at 12:44 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
Ambrose Evans-Pritchard reports Eurozone nears Japan-style trap as money and credit contract again .
More: Dire State of Affairs in Illinois; Mish Six-Point Proposal
Follow this link: Fed and ECB Smokescreens to Print Money
This morning Markit released Eurozone, France, and Germany preliminary PMI reports. All show further deterioration
For further elaboration, please see The Most Redeeming Feature of Capitalism is Failure . “OMTs will not lead to disguised financing of governments,†Draghi said
Today we learned from El Pais English edition that Brussels Revises Spain’s Deficit Upward to 9.4% of GDP The European Union’s statistics office, Eurostat, on Monday said it had revised Spain’s public deficit for last year upward from 8.5 percent of GDP to 9.4 percent to reflect state injections of capital into nationalized banks. That put Spain on a par with Greece and only behind Ireland, whose shortfall was 13.4 percent of GDP, in the EU
"Obama the Muslim:" Ploy to Cover-up Years of US-Al Qaeda Support US establishment admits arming Al Qaeda, but blames it on "Obama the Muslim."Â by Tony Cartalucci October 24, 2012 – Neo-Conservative Frank Gaffney thinks you are stupid. After plotting for the better part of a decade, arming Al Qaeda across the Arab World in a documented conspiracy to use the notorious terror group as a proxy against Lebanon, Syria, and Iran, Gaffney and his colleagues are attempting to jettison responsibility and all the blunders that have come with the plot, on US President Barack Obama. President Obama for his part, faithfully and knowingly carried out this strategy, "heeding" signed letters sent to him from Gaffney’s warmongering circle , imploring him to not only support terrorists in Libya and Syria , but to do so more overtly.