Reader P.M. notes: Premera Blue Cross may have laid off over 300 people [1], and yet won’t talk about it. They are also rumored to be losing money on the individual line of business. The fallout from the poor design of Obamacare continues.
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Items from Professor Preponomics:
A Shocking Number of Americans Don’t Have a Toilet [2] (The Week)
When Financial Bubbles Burst: Real Estate Values are Plunging in Canadian Heavy Oil Patch [3] (Contra Corner)
Interest Rates to Stay Low Longer, Household Debt Remains a Concern – Says the Bank of England [4] (The Telegraph)
Glencore’s Oil Deal in Libya Branded Worthless by Rival Government [5] (The Guardian)
Brazil’s Economic Meltdown: Stagflation Ahead, Goldman Unreservedly Disappointed [6] (Zero Hedge)
5 Steps to Help You Get Started Paying Off Debt [7] (About.com)
7 Ways to Avoid Identity Theft Over the Holiday Season [8] (Washington Post)
The Best Things in Life are Free [9] (Clark Howard)
Simple Christmas Links [10] (Becoming Minimalist)
7 Money Saving, Stress-Less Holiday Shopping Tips [11] (Real Simple)
Banking’s Uber Moment [12] (Business Insider)
Big Banks Accused of Interest Rate-Swap Fixing in U.S. Class Action Suit [13] (Reuters) Hint: Be sure to take note of “who” brought the suit.
Once Ratified the TPP Could Encompass 40% of World GDP [14] (Canadian Progressive)