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See the original post: Police State "Ministry of Truth" Hits Spain; Man Fined for Calling Police "Slackers" on Facebook
Read the original: Which Will It Be: United States of Europe OR United States of Germany?
Read More: Sentiment Measures vs. Retail Spending: Clueless Clues and Random Noise
Specifically, Hollande wants to eliminate "insufficiencies" (not inefficiencies) of the existing levels of government. Let’s have a recap.
Continue Reading: Final Second Quarter "GDPNow" Forecast 2.4% vs. Bloomberg Consensus 2.9%
See the original post: Chinese Stocks Plunge 8.5%, Biggest Decline Since February 2007
While the politicians are are scrambling to "save" Greece, please note Italy’s Non-Performing Loans Hit a New Record High . The real danger to the euro area probably doesn’t emanate from Greece, but from two of its heavyweights, namely France and Italy. A small note in the European press reminds us that all is not well in at least one of these countries, least of all with its banks (currently this is only a “page 16 storyâ€, but it has great potential to eventually move to the front page)
View post: New Home Sales Unexpectedly Decline 6.8%, April and May Revised Lower; Writers Still Upbeat
Gearing Up for More War in Ukraine? In spite of near continuous ceasefire breakages on both sides in Ukraine, media has turned its attention elsewhere, especially to Greece and China
Greece Crisis: A Musical "Grease" Parody Posted by Michael Shedlock at 3:19 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy.