August 23, 2013
Ivory Tower Academics, Inflation, and Kindness
View article: Ivory Tower Academics, Inflation, and Kindness
Hard hitting global and local news
Hard hitting global and local news
View article: Ivory Tower Academics, Inflation, and Kindness
View article: Reflections on "Paper Reserves" of Central Banks; Gold and the Tapering Disconnect
Read More: "Tax Nightmare" of Eminent Domain Mortgage Seizures
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Continued here: Another Warning Call for Depositors! Bank of Spain Says Spanish Banks Need €10bn More Loan Loss Provisions; Mish…
This is a guest post by Ed Ring editor of Union Watch , a project of the California Public Policy Center.
The Huffington Post describes the setup in Stockton Pensions Present Problem In Bankruptcy At the conclusion of a three-day trial, a judge on Monday formally granted the city Chapter 9 protection, over the objections of creditors who questioned whether it was fair for the city to fully meet its obligations to the state pension system while other debt holders go partly paid.
See the original post: Stockman Fires Back at Krugman, Labeling Krugman "Utterly Disingenuous"
View original post here: Spanish Debt Grows by €146 Billion, Largest Ever Recorded; Debt-to-GDP Highest Since 1910
Read More: Pettis: Nine Things to Watch in 2013; Unwarranted Outbreak of Optimism in China and Europe; The Great Rebalancing