Hard hitting global and local news
Read the article: Jim Chanos: China: The Edifice Complex – Wine Country Conference Presentation
The El Pais Screwdriver Blog openly asks ” Are we to Liberate the Euro? ” Here is a Mish-modified translation: Today Spain has reached a record number of unemployed.
Chicago Natural Resources Expo April 26 Reminder Reminder: Those in the greater Chicago area should plan on attending the Chicago Natural Resources Expo on April 26 for a discussion about gold, silver, hard assets, inflation, currencies (or whatever else is on your mind). You also have the opportunity to meet with various natural resource company executives. Venue change: Previously this was a Friday evening-Saturday Afternoon event
Spain’s Unemployment Rate Rises Full Percentage Point to Record 27.2%; Unemployment Tops 6.2 Million Spain’s budget deficits are out of control, home prices are still falling, GDP is down 2% annualized in the first quarter , production is down, the unemployment rate soared a full percentage point to 27.16%, and a record 6.2 million are out of work. Here are some stats from Spain’s National Statistics Office as noted in the Financial Times . Almost 240,000 people lost their jobs in the first three months of the year.
View article: Utopian Union Fantasy: What If Every California Worker Made What City of Irvine Workers Make?
Summary : The Markit Eurozone PMI® Composite Output Index was unchanged on March’s reading of 46.5 in April, according to the flash estimate.
Read More: China PMI barely Above Contraction; Chinese Stocks Slump as Manufacturing Slows
My speech, " A Brief Lesson in History ", is available at Wine Country Conference Speaker Presentations . The videos are the actual presentations, and we are making a couple of them available each week for three weeks
Inquiring minds in the US note the upcoming German election and may be wondering about the platforms of the major political parties. Reader Bernd from Germany explains.
I am pleased to announce that the Wine Country Conference speaker presentations, along with the Yahoo! Finance media interviews and associated articles on Advisor Perspectives are now available online at Wine Country Conference Speaker Slides . Additionally, we are releasing an edited video of each of the speaker presentations. John Hussman’s presentation ” An Unstable Equilibrium ” is now available.