I think am going to be sick. For God’s Sake Bill STOP! [1] Sent in by JFJ.
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Shippers warn of overcapacity, cancel scheduled voyages [2] The Juggernaut is slowing down. I’ve been following Mish’s blog for a couple of years now. He’s generally been accurate with his observations and predictions, and I think he is correct about a big slowdown (and recession?) coming soon. – P.S.
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Items from Professor Preponomics:
Is the American Market Rigged? [3] (Christian Science Monitor)
An Unpleasant Surprise on Health Insurance Rates Courtesy of Obamacare… [4] (NY Times) Commentary: …although not unexpected!
How Beijing and the West Work Together to Manipulate the Global Currency War [5] (Mises Institute)
Standard Chartered to Cut 15,000 Jobs [6] (NY Times)
It’s the Zero Bound Yield Curve, Stupid! [7] (Zero Hedge)
World’s Biggest Banks Could Not Be Wound Down in Orderly Fashion [8] (Bloomberg)
9 Ways to Protect Yourself from Identity Theft [9] (Christian Science Monitor)
An Earnings Recession is Looming [10] (Market Watch)
Impacts of Rising Healthcare Costs on the Middle-Class [11] (AARP)
Credit Suisse CEO Nails the Banking Industry’s Biggest Problem in a Sentence [12] (Business Insider)
Bank of America is Selling Money Market Business to BlackRock for $87B: One of the Largest Money Market Deals Ever [13] (Fox Business)