Hard hitting global and local news
On January 21, in response to the surprise cut, I wrote Canadian Recession Coming Up: Yield Curve Inverts Following Unexpected Rate Cut; Loonie at Six-Year Low . In that post I awarded Canada the "Blue Ribbon" for the first yield curve inversion of any major country following the great financial crisis
Follow this link: Bailout Fallout: Juncker Lies to Cameron in Revival of EFSM; British Taxpayers Protected in Final Deal
On January 25, 2008, the ECRI claimed There Is A Window of Opportunity for the US Economy . The U.S.
Bailout Fallout: Juncker Lies to Cameron in Revival of ESM; British Taxpayers Protected in Final Deal In 2010, Jean-Claude Juncker, current European Commissioner president, made a pledge to UK Prime minister David Cameron, to never again use the ESM to bail out another eurozone country. Cameron’s concern was that he did not want to put British taxpayers at risk for eurozone sponsored bailouts.
See the article here: Empire State Manufacturing: New Orders Negative 4th Time in 5 Months; Slight Bounce in Industrial Production
Read More: White Knight Irony: IMF Threatens to Walk Away From Bailout Deal Citing Unsustainable Debt
More: China Denies its GDP is Inflated; Chinese Stocks Resume Plunge With 3% Slide; Business Outlook Index Drops to Record…
Links Warning: Nuclear Deal With Iran Prelude to War, Not "Breakthrough" July 14, 2015 (Tony Cartalucci – LD) – Originally posted in November of 2013, the article, " Nuclear Deal With Iran Prelude to War, Not "Breakthrough," " warned of a premeditated, documented conspiracy to use a monumental "deal" with Iran as a pretext not for peace, but in fact, for war and regime change. Hysteria now sweeps the headlines across the Western media regarding a "historical nuclear deal" that "Obama made" that vindicates the Nobel Peace Prize he was "prematurely awarded" so many years ago
Please consider Computer Program Fixes Old Code Faster than Expert Engineers . Last year, MIT computer scientists and Adobe engineers came together to try to solve a major problem that many companies face: bit-rot . A good example is Adobe’s successful Photoshop photo editor, which just celebrated its 25th birthday
“They crucified Tsipras in there,†a senior eurozone official who had attended the summit remarked. “Crucified.†Demolition of Eurozone Project With crucifixion of Tsipras, and more importantly of the Greek people, Wolfgang Münchau accurately assesses the developments this way: Greece’s Brutal Creditors Have Demolished the Eurozone Project . A few things that many of us took for granted, and that some of us believed in, ended in a single weekend.