June 7, 2013
Jobs +175,000; Unemployment Rate 7.6%; Is the Obamacare Effect Played Out?
Visit site: Jobs +175,000; Unemployment Rate 7.6%; Is the Obamacare Effect Played Out?
Hard hitting global and local news
Hard hitting global and local news
Visit site: Jobs +175,000; Unemployment Rate 7.6%; Is the Obamacare Effect Played Out?
Read More: China Ponders Tariffs on EU Wine in Response to EU Tariffs on Solar Panels; Repetitive Stupidity
View article: Oregon Governor Demands Tax Hikes and Emergency Powers or Will Call on National Guard to Police Troubled Counties
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In response to Sweden Housing Crash Coming Up; Average Swede to Repay Mortgage in 140 Years; Swedish Central Bank Ponders New Rules I received an interesting email from reader Antti who writes …. Hi Mish, An interesting factor, which is potentially going to amplify the pain (a lot) in Sweden is how their law is written regarding apartment buildings and ownership
More: You Are About to Become Obsolete; Perhaps You Already Are (But You Don’t Realize It Yet)
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In an interesting development in the battle to see which country is bright enough to exit the euro first, a book urging a return to the Escudo (the prior Portuguese currency) became an instant a bestseller in Portugal. The Wall Street Journal reports Idea of Euro Exit Finds Currency in Portugal . A book by a Portuguese economist achieved a small feat on its release last month: It instantly topped Portugal’s bestseller list, overtaking several diet books and even the popular erotic novel “Fifty Shades of Grey.” The book, “Why We Should Leave the Euro” by João Ferreira do Amaral, has helped ignite a public debate in Portugal about the real cause of the country’s economic pain: Is it only the hated austerity needed to secure European bailout loans, or is the euro?
Speculative Gold Bets at 5-Year Low; Metal Will Get “Crushed†Says Credit Suisse Sentiment is never a perfect timing instrument.Yet, with Hedge Fund Bets on Gold at Five-Year Low I am comfortable stating the gold bull market is not over.