Hard hitting global and local news
Political Prediction: Merkel Loses Chancellorship in September as Support for AfD Soars Now that we have an Understanding of German Political Parties let’s consider some scenarios from reader Bernd who lives in Germany about how the election on September 22 plays out.
My speech, " A Brief Lesson in History ", is available at Wine Country Conference Speaker Presentations . The videos are the actual presentations, and we are making a couple of them available each week for three weeks
Read more here: Graph Shows Who Is And Who Isn’t Paying Their Fair Share of Taxes
Netherlands is underwater in more ways than one. Der Spiegel reports Underwater: The Netherlands Falls Prey to Economic Crisis More than a decade ago, the Dutch central bank recognized the dangers of [the housing] euphoria, but its warnings went unheeded. Only last year did the new government, under conservative-liberal Prime Minister Mark Rutte, amend the generous tax loopholes, which gradually began to expire in January.
At an economic conference at the Philadelphia Fed, academics gathered to discuss fixing the banking system, including ending fractional reserve lending. The video is quite entertaining to say the least. Professor Jeffrey Sachs of Columbia University really lays into the banking system a few minutes into the recording
I am pleased to announce that the Wine Country Conference speaker presentations, along with the Yahoo! Finance media interviews and associated articles on Advisor Perspectives are now available online at Wine Country Conference Speaker Slides . Additionally, we are releasing an edited video of each of the speaker presentations. John Hussman’s presentation ” An Unstable Equilibrium ” is now available.
CNBC picked up the story in Reinhart-Rogoff Error Sparks Austerity Debate .
In Swiss law, private citizens can put forth any initiative that can gather 100,000 signatures. A campaign by the Swiss People’s Party to ” Save our Swiss Gold ” gathered 106,052 signatures so a vote will be coming up.
Read this article: Spain’s Community Debt Tops €42 Billion as Unpaid Bills Mount; Madrid Worst Offender
Read More: Philadelphia, 5th Largest City in US is Effectively Bankrupt; Mayor Holds Closed Meeting With Wall Street to Discuss…