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MMR vaccine – Wikipedia, the free encyclopedia
The vaccine for MMR. We’re not just explaining some small parts of economics, we’re a group of infectious diseases!
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Farage: Troika Driving Greece Towards Violent Revolution | Credit Writedowns
An overthrow of the Greek government is possible. Do not discount this possibility. Consider Michael Hudson’s idea that the entire Greece situation is a test of how far a population can be pushed, and…
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MF Global Bonds Wacked Amid Rating Firms’ Dour Views – Deal Journal – WSJ
Did JPM dump any MF Global Bonds? When? Was there a breach of the Chinese Wall between lending and trading?
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Soros didn’t end up with the cash. Soros took over the trade after JPM inherited the positions. JPM is the one here, they drove MF into bankruptcy and stole a bunch of customer money. If they indict Corzine, Corzine will pull MF Global records in an attempt to show what he did wasn’t illegal. Those records will show securities fraud at JPM. How? They traded on material inside information across their “Chinese wall” between lending and trading.
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Portfolio: Falsified Deficit Statistics in Europe – YouTube
Face it, who can blame them?
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Greece: On Pace for the Worst Recession in Modern History | Credit Writedowns
Keep bleeding the patient, they’ll get better as soon as all the “bad blood” is gone. A revolution in Greece is entirely possible. How much longer will Ireland be content with all that non-public debt?
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Europe Demands More Greek Budget Controls – Bloomberg
It’s almost like they want Greece to leave and cause a credit crisis.
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The Geography of Government Benefits – Interactive Map – NYTimes.com
In huge areas of the south, government benefits account for over 30% of all the income in the county. I’d argue this map is vastly misleading, because it doesn’t give enough difference between over and under the national average. For example, Cook County, Ill, is under the national average at 16%, and is therefore sends money out of the county every year. But it looks really similar to many of the counties in Indiana, where almost all of them get 26-29% of their county income from the government. It’s a 12%+ difference!
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Greek Uncertainties Drive Flight to Safety | Credit Writedowns
Excellent Currency Overview from BBH aka Marc Chandler
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Oil and the Structural Recession
He doesn’t address working “out of the house” at all. The internet makes this a huge and growing structural change to our economy that isn’t related to levels of employment. No mention of Long Only Commodity Funds. My guess: He does not know they exist or their large impact on commodity prices.
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US manufacturing is getting good.
I’m cracking up at the Kamp Kumbya sign….
On a related note, what are seashell futures trading at?
MMR. We fight diseases AND monetary ignorance! Take that world!
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Already liking this comment style more, the grey areas around the replies remind me of TPC.
“In huge areas of the south, government benefits account for over 30% of all the income in the county.”
And that percentage is actually low because a third of families who are eligible for food stamps (and other means-tested programs) aren’t even enrolled. That’s one argument for shifting towards a negative income tax, your tax return is also your enrollment form.
http://www.reuters.com/article/2011/08/22/us-usa-poverty-foodstamps-idUSTRE77L45Z20110822