Hard hitting global and local news
China Averts $482 Billion in Local Bank Defaults via Massive Rollover Scheme; Extend-and-Pretend Chinese Style The Chinese banking system is insolvent. Of course, the entire global banking system is insolvent, but today’s spotlight is on China. Please consider China averts local government defaults .
Iceland Wins! "Icesave" Lawsuit Dismissed, Court Orders EC and EFTA to Pay Costs Posted by Michael Shedlock at 12:09 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s)
I want you to publish this rebuttal to your post. You can use my first name if you’d like with Libertarian-turned-Keynsian in brackets
Please consider Penalties blamed for taking high-end dining off menu . The annual survey of the 7500- member Restaurant and Catering Australia reveals a 33 per cent jump since 2011 in the numbers of restaurateurs saying they cannot afford to open on public holidays.
Here is a chart from the Telegraph article UK heads for triple dip as GDP contracts 0.3pc to consider. Double Dip? The blue rectangles are mine.
Flash China Manufacturing PMIâ„¢ at 51.9 (51.5 in December).
See the original article here: Sarkozy, Under Investigation in France for Fraud, Plans to "Dodge New 75% French Tax Rate…
See the original article here: Sarkozy, Under Investigation in France for Fraud, Plans to "Dodge New 75% French Tax Rate…
MIT Technology Review discusses Baxter in Small Factories Give Baxter the Robot a Cautious Once-Over . Chris Budnick, head of Vanguard Plastics, a small injection-molding operation in Southington, Connecticut is considering the use of Baxter for one process that is not yet automated: stacking and packing textured, plastic cups, which Vanguard sells for 2 cents apiece to a medical company.
Fox News reports Teed off: Golf star Phil Mickelson may bolt California over taxes For golf legend Phil Mickelson, the low 60s makes for a great score on the links — and a lousy tax rate in his home state of California. Mickelson said “drastic changes†are ahead for him due to federal and California state tax increases that have pushed his tax rate to what he figures adds up to “62, 63 percent.†The left-hander will talk more about his plans — possibly moving out of California or even retiring altogether — before his hometown Farmers Insurance Open, the San Diego-area event that begins Thursday at Torrey Pines.