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View post: China Skips IMF Meeting In Japan; Taiwan Claims Islands Too; What’s the Dispute Really About?
Courtesy of Google Translate from El Economista , please consider Parla, one step from bankruptcy: cannot deal with creditors . The economic situation of the City of Parla "can not deal with creditors and maintain basic health services to citizens," according to the report of the Audit Chamber of the Community of Madrid, who advised to take measures to continuity of the consistory.
Lost Bet On Friday, I lost a bet made in March of 2010 regarding unemployment . I bet that the unemployment rate would not dip below 8% before June 2015. I crunched numbers many ways and simply decided there is no way the economy could possibly grow enough jobs.
172,910 6,555 Taking demographics into consideration, the BLS projected the labor force to grow by 7.19 million to 156.51 million in 2010.
See the article here: Venetian Protesters Demand Independence From Rome; Polls Show 70% Favor Independence
"Pigeon" Tax Protest Goes Viral in France I received an interesting email today from Andrea, who is from Italy but now lives in France. The email is about "pigeons", a movement started by French entrepreneurs in protest of president Francois Hollande’s tax policies. The "pigeon" movement has gone viral on Twitter
More: Romney Wins Debate #1 Hands Down; Style Over Substance; Tweedledum vs. Tweedledee
More here: Concerns Mount that ECB Bond-Buying Program Is Illegal; Concerns? What Concerns?
Visit link: US CEOs Sharply Reduce Expectations for Economic Outlook, Hiring; Third Largest Plunge in 6-Month Expectations in History; Reflections…