“Not if, but when” for Spanish bailout, experts believe [1]
For Two Economists, the Buffett Rule Is Just a Start [2]. These French commueconomists want to punish anyone who is successful.
And speaking of French economists, here are some that are more croyable: Global systemic crisis – France 2012-2014: The big republican earthquake and its international impact [3]
Ken S. recommended this piece over at The Daily Reckoning: Global Derivatives: Like Two Drunks Leaning On Each Other [4]
At Zero Hedge: Chris Martenson: “The Trouble With Money” [5]. (Thanks to Jim T. for the link.)
And if those gloomy-doomy charts weren’t enough for you, then check these out: The long debt emergency has arrived – From 1950 to 1980 total US credit market debt to GDP held a ratio of 1.5. Today that figure is above 3.5 with total US credit market debt at $54 trillion [6].
Items from The Economatrix:
IMF Raises Global Forecast For First Time Since Early 2011 [7]
US Housing Starts Unexpectedly Drop To 5-Month Low [8]
US Factories Cool For First Time In Four Months [9]
Jobs Data Simultaneous Release At Risk As US Review Spurs Restrictions [10]