Economics and Investing:
A Year of Sovereign Defaults? – G.G. o o o Items from Mr. Econocobas: 2015 Was the Hardest Year to Make Money in 78 Years Chicago PMI Plummets to 42.9; Lowest Since 2009 Items from Professor Preponomics: US News Is It Time for a Skyscraper Alert? (Mises Institute) Excerpt: “The important thing to remember is that skyscrapers do not cause economic crises. Rather they are just a very noticeable example of the distortions taking place throughout the economy when interest rates are [kept] artificially low by the central bank.” Puerto Rico to Default on Some Debt (Reuters) Of course the …