Number of New Mortgage Loans in Spain Down 33% From Year Ago
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The nature of the regime in Kiev is also being papered over by the Western media, covering up the fact that the two main opposition parties that seized power, Svoboda and “Fatherland,†are in fact led by a collection of Neo-Nazis, bigots, racists, and anti-Semites . In a desperate attempt to cover up this lack of legitimacy, the West has sent many high level officials including a leading US Senator and the US Vice President to Kiev  to lend both political and material support. The latest visit by Vice President Joseph Biden appears to have been timed specifically to help coordinate a renewed push into eastern Ukraine, after Ukrainian troops surrendered en masse last week – refusing to carry out operations against their fellow countrymen.
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Greenlight Capital hedge fund manager Einhorn Shorting Tech as ‘Cool Kid’ Stocks Show Bubble . Greenlight Capital Inc., the $10.3 billion hedge-fund firm run by David Einhorn, said it was betting against a group of technology stocks as evidence grows of a bubble.“There is a clear consensus that we are witnessing our second tech bubble in 15 years,†the New York-based firm said in a quarterly letter to clients today. Greenlight said that companies it’s betting against may fall by at least 90 percent “if and when the market reapplies traditional valuations,†according to the letter, a copy of which was obtained by Bloomberg News.
China Manufacturing Output and New Orders Contract Once Again Chinese manufacturing remains in contraction for 2014. Output and new orders were down for the 4th consecutive month, but at a slightly reduced pace according to the HSBC Flash China Manufacturing PMI .
Link: Tu Quoque or John Quiggin Does the Dozens
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