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Bloomberg reports Shanghai Traders Make Trillion-Yuan Stock Bet With Borrowed Cash . Shanghai traders now have more than 1 trillion yuan ($161 billion) of borrowed cash riding on the world’s highest-flying stock market.
Read the article: Iceland Ponders Radical Money Plan Including Elimination of Fractional Reserve Lending and Deposit Insurance
See more here: If It Ain’t Broken, Don’t Fix It: Religious Freedom Act Take II
Original post: Downside Data Surprises in Canada; Bad Weather Up North? How About Recession?
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Read More: UBS on the Driver for Gold: What is Gold About to Tell Us?
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Visit site: Time to Eliminate Pilots in Aircrafts: Post Pilot Era Coming Up
Please consider Eurozone can’t survive in current form, says PIMCO . The eurozone is "untenable" in its current form and cannot survive unless countries are prepared to cede sovereignty and become a "United States of Europe", the manager of the world’s biggest bond fund has warned
Read the original: Patriot Act Vote Coming Up: Google joins Apple, Others Requesting Spying Controls