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Link: Euro Sucks Italian Blood; Prime Minister Blames Tax Evasion; Reflections on Italy’s Shadow Economy
Time reports Robots to Revolutionize Farming and Ease Labor Woes . On a windy morning in California’s Salinas Valley, a tractor pulled a wheeled, metal contraption over rows of budding iceberg lettuce plants
View article: Payroll Employment for Age Group 18 to 29 Shows Fewer Full-Time Employment "Regardless of Education"
View the original here: General Obligation Bondholders Beware: Detroit Bankruptcy Affirmed, Governor Shielded From Lawsuits; Triumph of Math Over Unions
View article: Unions and Fundamental Freedoms: Two Upcoming U.S. Supreme Court Cases
Now That’s Backwardation! Recall the definition of backwardation: Current price above future delivery price . There are many reasons this can happen with commodities, but the typical explanations are: temporary short-term supply shortage, expected future supply, or expected falling demand. Supposedly this can never happen with gold because " gold is money ".
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Continue Reading: About that Austerity in Spain: There Isn’t Any
Read this article: How to Lie Without Saying a Thing
The EU did just that in an attempt to ‘filter’ the news to its own liking .