Hard hitting global and local news
The Washington Post reports Puerto Rico confronts a rising economic misery . Boxes and wooden crates filled with household items bound for the U.S.
The Wall Street Journal reports On Black Friday, the Real Fight Was Online . Brick-and-mortar retailers mounted a furious defense on Black Friday to head off incursions into one of the industry’s biggest shopping days by such online rivals as Amazon.com Inc. The tactics were evident in stores and on websites as millions of holiday shoppers lined up to spend their dollars on highly touted deals
View post: Texas Welfare Recipient Says "Working is Stupid"
Happy Thanksgiving! Posted by Michael Shedlock at 11:14 AM 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).
Visit site: Time for Banks to Be Banks, Not Hedge Funds or Slush Funds; Free Money Math vs. 100% Gold…
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12 Month Avg Excluding October 2013 111 207 Even after eliminating the government shutdown effect, the difference between the two surveys is still huge. From October 2012 through September 2013, the household survey suggests employment rose by an average of 111,000 per month. The establishment survey suggests 207,000 jobs per month on average
In the latest 100% believable accusation, EU accuses US of improperly trawling citizens’ online data . In response, Europe is threatening to end the safe harbor laws.
Originally posted here: Hussman’s Open Letter to the Fed; The Problem with Bubbles; Textbook Pre-Crash Bubble; Reflections on Not Chasing…