March 7, 2013
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Windows 8 Adoption at Standstill; Microsoft Slashes OEM Bundle Price to $30 from $120
By News DeskExtremeTech reports Microsoft cuts the price of Windows 8 and Office 2013 .
Hard hitting global and local news
ExtremeTech reports Microsoft cuts the price of Windows 8 and Office 2013 .
For a look at "hockey stick inflation" please consider Is Inflation the Legacy of the Federal Reserve? Wolf : If the BoJ sought to return to the level of nominal GDP implied by 3 per cent annual growth from 1997, it would be committing itself to annual increase of close to 9 per cent a year over the next decade. That could surely reduce the real burden of debt! Mish : Wolf is disingenuous.
Wired reports 11 Years Later, Senate Wakes Up to War on Terror’s ‘Battlefield America’ Sen.
Bloomberg reports Swiss Voters Approve Limits on ‘Fat Cat’ Executive Pay Swiss voters approved some of the world’s toughest limits on executives’ pay in a referendum, a move critics say could make Switzerland less attractive to multinational corporations. The initiative against “fat cats,” proposed by Thomas Minder, head of a herbal toothpaste company, was backed by 67.9 percent of the voters today, the government said on its website today. The proposal gives shareholders an annual ballot on managers’ pay
Via Email, Michael Pettis author of " The Great Rebalancing " (see "Great Rebalancing" Book Review: Two Thumbs Up ) dispels the myth that Spain and peripheral Europe are on a sustainable rebalancing path relative to Germany. Pettis writes …
Haruhiko Kuroda (Abe’s nominee to head Japan’s central bank) pledges to do Whatever Needed to Combat Japan Deflation .
Traffic Slump at Olive Garden, Red Lobster, LongHorn; Smaller Plates, Cheaper Items at Olive Garden; Saturation Everywhere High gasoline prices coupled with 2% payroll tax hikes is going to take a bite out of restaurant sales this year. For some chains the slump has already started.
Think Greece has been “saved” by the Troika? A quick look at some loan repayment stats may help you think clearly.
The Bureau of Economic Analysis report on Personal Income and Outlays for January shows a 4% decline in real disposable income (the biggest decline in 20 years) following sharp gains in December.
See the original article here: Walmart Slow to Stock Shelves as Consumer Sales Slump