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It did not take long for monetarists to respond. Ambrose Evans-Pritchard quickly whined " Insular ECB is playing dangerous game of chicken with deflationary world forces ". The US and China are withdrawing stimulus on purpose
Read the original: Venezuela Gives Businesses Until Monday to Comply with "Fair Prices Act" or Face State Takeover
Originally posted here: Obamacare Creates Incentive to Work Less; CBO Estimates Obamacare Will Cost 2 Million Full-Time Equivalent Jobs by…
Taken from a Barron’s roundtable discussion, ZeroHedge reports Marc Faber Warns "Insiders Are Selling Like Crazy… Short US Stocks, Buy Treasuries Gold"
Today, the New York Times reports Detroit Turns Bankruptcy Into Challenge of Banks . Amy Laskey,a managing director at Fitch Ratings, said in a recent report that she sensed an “us versus them†orientation toward debt repayment
Is Portugal about ready to implode?
ISM Report Snips PMI Manufacturing expanded in January as the PMI® registered 51.3 percent, a decrease of 5.2 percentage points when compared to December’s seasonally adjusted reading of 56.5 percent. A reading above 50 percent indicates that the manufacturing economy is generally expanding; below 50 percent indicates that it is generally contracting.
Read the article: Loan Rates in Argentina Reach 65% Annually; Is 65% a Good Rate?