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Panic! In my previous post Desperation Bazooka Tactics; Gold Soars Following Huge Headfake , I mentioned " This seems like desperation bazooka tactics.
View post: Actual Constitutional Case Against OMT and ESM; Why Bond Buying Undermines Democracy; Is Draghi Above The Law?
Read More: German Constitutional Court Approval of ESM Not a Done Deal; Draghi’s Fatal Mistake?
Continue reading here: Chicago Teachers Vote to Strike; 350,000 Kids Affected; 16% Raise Over 4 Years Not Good Enough; Strike…
Excerpt from: Japan’s Revised GDP Growth Cut in Half; Current Account Surplus Down 41% to $8 Billion; Mathematical Impossibilities
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Activity falls at weakest rate in four months Drop in new orders sharpest since February Staffing numbers reduced as sentiment hits eight-month low Summary: The downturn in Germany’s construction sector continued in August. Despite an accelerated decrease in incoming new orders, the total level of activity fell at a slower rate.
More: New York State Employment Situation in Graph Form