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Originally posted here: Unlimited Bond Buying "With Strings"; Mario Draghi vs. Randall from Monsters Inc
See more here: Spain’s Social Security Fund Runs Out of Money; Full Sovereign Bailout Hits €300 Billion; Breathtaking Implosion in…
Via Google translate from Libre Mercardo please consider The VAT increase is the largest tax increase democracy . Each Spanish pay an average of 20.8% VAT, 369 per year, six days of extra work to comply with the Treasury.
1 Key Points The PMIâ„¢ registered 49.6 percent, a decrease of 0.2 percentage point from July’s reading of 49.8 percent, indicating contraction in the manufacturing sector for the third consecutive month.
See the original post: German Manufacturing Declines Again, New Export Orders Fall at Fastest Pace Since April 2009
How to Get to Mars Posted by Michael Shedlock at 8:45 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice.
Most Economically Illiterate Journalist In History Proposes "Gold is Backed by Nothing, but US Dollar Backed by Federal Reserve" Congratulations to Canadian journalist Bridget Brown, a CTV news field reporter for being the most economically illiterate TV journalist in history. Brown proposes gold is not backed by anything but the US Dollar is backed by the Federal Reserve which will be around a year from now
See the original article here: US-Funded Activsts Exposed as Genocidal Bigots
The HSBC China Manufacturing PMIâ„¢ shows Manufacturing sector operating conditions worsened at the sharpest rate in 41 months. Summary August data signalled a renewed decline in Chinese manufacturing output, as new business decreased at the sharpest rate in nine months
The Pew Research center ponders The Lost Decade of the Middle Class . Since 2000, the middle class has shrunk in size, fallen backward in income and wealth, and shed some—but by no means all—of its characteristic faith in the future. These stark assessments are based on findings from a new nationally representative Pew Research Center survey that includes 1,287 adults who describe themselves as middle class, supplemented by the Center’s analysis of data from the U.S