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See more here: "Inconceivable" Negative Interest Rates on Mortgages in Portugal and Spain, with Italy On Deck
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Visit site: Credit Crunch Underway: Can Recession Be Far Behind?
Incredible Tornado Footage from Illinois, Yesterday Posted by Michael Shedlock at 6:05 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. 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)
More here: Another Definition of Deflation: Antal Fekete Defines Deflation as a "Pathological Slowing in the Velocity of Money"
View post: Autonomous Golf Green Mowing and the Death of Lawn Maintenance Employment in General
Expect applications to Stanford university to soar with this announcement: Tuition free for Families Earning Less than $125,000 Per Year .
Sure enough, Reuters reports Greece Says Ready to Make IMF Payment on April 9 Greece will repay a loan tranche to the IMF on time on April 9, its deputy finance minister said on Friday, seeking to quell fears of default after a flurry of contradictory statements on the issue in recent days. Greece is fast running out of cash and its euro zone and International Monetary Fund lenders have frozen bailout aid until the new leftist-led government reaches agreement on a package of reforms. That prompted the interior minister to suggest this week that Athens would prioritize wages and pensions over the roughly 450 million euro ($490 million) payment to the IMF, though the government denied that was its stance
See the original article here: Thrown Under the Bus: Another Look at the Self-Serving Launch of Ben Bernanke’s Blog and…
Read More: Trade Deficit Shrinks; First Quarter GDP Estimate Ticks Up to 0.1%