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19 Says Maddux In Florida, 45% of our clients are in pre-foreclosure status. On average, these Florida homeowners are 17 months delinquent and have yet to receive even their first formal foreclosure notice.
Via Google Translate from Libre Mercado central government deficit already exceeds the maximum provided for the year The central government posted a deficit of EUR 48,517,000 through July in terms of national accounts, the 4.62% of GDP, representing an increase of 25.8% compared to last year, according to data provided by the Secretary of State Budgets, Marta Fernandez Currás. The deficit figure exceeds the new limit has assumed the state, which has risen to a point, to 4.5%, for the extra year he gave Brussels to Spain to reduce the deficit to 3%.
View the original here: Brussels Pushes for Another "All Powerful" Banking Committee, Headed by ECB, In Spite of Objections by…
Inquiring minds note China, Germany Plan to Settle More Trade in Yuan, Euros . Germany and China plan to conduct an increasing amount of their trade in euros and yuan, the two nations said in a joint statement after talks between Chancellor Angela Merkel and Chinese Premier Wen Jiabao in Beijing on Thursday
See more here: Japan Manufacturing PMI Hits 16 Month Low, New Orders Plunge
Jeff Harding at the Daily Capitalist asks Why Does Hyperinflation Occur? In every modern case of hyperinflation the decision to inflate was a political one, not an economic one
See more here: Eurozone Retail Sales Decline 15th Month, Plunge Led by Italy, France; German Sales Contract Slightly
Link: Governor Brown Admits the Obvious "We Have Lived Beyond Our Means"; Brown Agrees to Vast Overhaul of the California’s…
In a case of Dutch Discontent, Socialists Ride Wave of Anti-EU Sentiment The economy is in trouble and unemployment is rising — in the Netherlands as in much of the rest of Europe. Ahead of upcoming elections, the Socialists are riding a wave of euro-skepticism and may emerge as the strongest political force in the country. According to the polls, [Emile Roeme] the former elementary school teacher could become the next prime minister of the Netherlands
View article: ECB Slated to Become "Currency Forger of Europe"; Merkel, the "Teflon Chancellor"