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Reader Question: Is China a Currency Manipulator? Posted by Michael Shedlock at 5:59 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice
Plagues of Locusts Invade Russia; Putin’s Inane Food Contraband Destruction Policy; Law of Asset Destruction Putin’s Inane Food Contraband Destruction Policy In an action as economically stupid as president Roosevelt destroying US farm produce during the Great Depression, Russia Incinerates Contraband Food . One year into its embargo on western food products, Russia has launched a controversial campaign to destroy all contraband meat, dairy and produce, using on-the-spot incinerators, dump trucks, rollers and meat grinders.
Read the article: Establishment Survey +215K Jobs, Household Employment Survey +101K, Part-Time Employment -760K, Labor Force +69K
More: Progression of the Police State Spanish Style: €300 Euro Fine for Calling Police Officer "Mate"; Law of Simmering Social…
Visit link: Santelli Exchange with Mish: Public Debt, Taxation, Legacy Issues
Here is a lengthy snip from Bargo’s recent, well-written article Public Pensions Prove Zero Sum Economics . One of the major appeals in Democrat presidential campaigns is to explain to voters that they need Democrats in office to take money away from the rich. And since the rich own big corporations, they will pay workers as little as possible.
See original article: What’s the Rise in People Without Fulltime Employment Since 2009? What "Should" It Be?
Charts courtesy of Curve Watchers Anonymous .
As if there is not too much government and too many meetings already, Hollande Calls for the Creation of a Euro Zone Government . French President Francois Hollande called on Sunday for the creation of a euro zone government and for citizens to renew their faith in the European project, which has been weakened by the Greek crisis. Reviving an idea originally put forward by former European Commission chief Jacques Delors, Hollande proposed " a government of the euro zone (with) a specific budget as well as a parliament to ensure its democratic control "
Deflationary Pressures Unabated; Another One-Hit Wonder; Transitory Tales Another One-Hit Wonder In spite of counterproductive attempts by the Fed and Central Banks to foster price inflation, debt overhang has stymied those efforts, at least in regards to consumer prices and import/export prices. Last month, following a surge in gasoline prices, import and export prices did rise a bit, but as with retail sales, the import/export price report was another "one-hit wonder"