The Government Netted $4.5 Billion in Cash, Cars and Houses – Sent in by B.B.
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The remaking of an American housing bubble: Home prices are up 78 percent since 2000 and 30 percent since 2012.
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Items from Professor Preponomics:
$195M Pension Payment May Derail Detroit’s Post Bankruptcy Recovery (Detroit Free Press)
Blackstone: Now the World’s Largest Owner of Real Estate(Business Insider)
China Welcomes IMF Backing to Make Yuan World Currency (Yahoo News)
Japan Relapses Into Recession (Reuters)
California: Study Finds Half of Illegal Immigrants Qualify for Medicaid Benefits(Fox News)
38% of All Comex Gold in Hong Kong Left the Warehouses…YESTERDAY (Zero Hedge)
Investors Face Quagmire: Falling Earnings, Higher Rates (Reuters)