December 8, 2014
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Abenomics Revised Down Again
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Hard hitting global and local news
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Visit link: 4 Million Homeowners Still Underwater, Total Negative Equity $157 Billion
The Markit France Manufacturing PMI Final Data shows French manufacturing sector contraction continues in November. Summary : Operating conditions in the French manufacturing sector worsened further in November
Via translation from Libre Mercado, Podemos Admits Its Economic program Unfeasible Under Current Euro . Globalization and National Sovereignty Incompatible The document includes harsh criticism of globalization, stating " democracy, national sovereignty and global economic integration are mutually incompatible. " Euro Trap "Besides being quite integrated into the global economy, Spain is mostly integrated in the euro monetary union and this also represents a first order constraint when developing an economic program of government." "Our membership of the single European currency means, as is well known, that do not have essential instruments of economic policy, as control over the amount of money or the external value of the currency