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Read more here: Spain to Suspend Evictions, Rewrite Bankruptcy Law Making Mortgage Debt Dischargeable
Link: Competitive Theories: "Deflation Warning" vs. "Inflation is Nearly Everywhere"
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Eli Rabett Eli Rabett Eli Rabett is a not quite failed professorial techno-bunny, a chair election from retirement, at a wanna be research university that has a lot to be proud of but has swallowed the Kool-Aid.
A Financial Times headline portrays falling prices as a negative thing: Deflation Takes Shine Off Sales for Italy’s Shopkeepers .
Today, the Wall Street Journal reported U.S. Consumer Spending Declines 0.1% in July .
Taken from: Japanese Household Spending Slumps 5.9%; Cries for More Monetary Stimulus
Steen shares his views in a Trading Floor post Steen’s Chronicle: Three things can’t be hidden long: The sun, the moon and the truth (Buddha) . This week saw US GDP rebound an impressive 4.0% taking the run rate for GDP in 2014 to 2.3%, still shy of the ambitious 3.0% the consensus firmly believe in
As a result, Florida’s largest health insurer, Florida Blue, is raising exchange rates an average of 17.6 percent . Florida Blue, the state’s largest health insurer, is increasing premiums by an average of 17.6 percent for its Affordable Care Act exchange plans next year, company officials say. The nonprofit Blue Cross and Blue Shield affiliate blames higher health costs that are a result of attracting older adults this year who previously lacked coverage and are using more services than expected.
The Wall Street Journal reports Amazon Shelves French Book Discounts .