June 1, 2015
Default and Get it Over With; Stop the Needless Torture
Read the article: Default and Get it Over With; Stop the Needless Torture
Hard hitting global and local news
Hard hitting global and local news
Read the article: Default and Get it Over With; Stop the Needless Torture
Mish-modified translation from Libre Mercado … Renting an apartment in Venezuela is impossible mission. Supply is tight and prices exorbitant, quite inaccessible to the vast majority of the population thanks to the 2011 Law Against Eviction and Arbitrary Unemployment.
It appears the eurozone is one step closer to an "accident" today.
Librarians: 64% College Professors: 3.2% I disagree with some of those.
First Quarter GDP -0.7%; GDPNow Second Quarter Forecast +0.8%; Economists Get Zero Accolades; Smoothed Recession Odds First quarter GDP came in at -0.7% pretty much in line with the Bloomberg Consensus estimate of -0.8%. First-quarter GDP was revised down about as expected, to minus 0.7 percent vs expectations for minus 0.8 and compared with an initial reading of plus 0.2 percent. Updated source data made for a bigger negative contribution from net exports as imports spiked 5.6 percent from an initial gain of 1.8 percent.
See the article here: Chicago PMI Unexpectedly Crashes: New Orders, Production and Employment Down by More Than 10%
See original article: Introducing the Zero Labor Factory (90% Free Actually); Robots at Chili’s, Applebees, Panera
Tweet Not Toast Of The Not Knowing A little more on the lawsuit flop against John Mashey – Stoat has posts (one of them with a brilliant headline), and John M links to his lawyers’ brief arguing for dismissal . If you thought the summary of the flaws in the case looked bad, read the full brief. The jaw drops.