The Stock Market In Japan Is COLLAPSING
• By Michael SnyderDid you see what just happened in Japan?
Contents Pages by Subject
Economy - International
Swiss Gearing Up for Major Unrest Throughout Europe
• http://www.dailypaul.com, P.Au.LDo the Swiss know something the rest of us don’t?
European Markets Tanked
• http://www.businessinsider.com, Sam RoMarkets in Europe got slammed today. However, they closed off of their lows.
Markets Everywhere Are Getting Slammed
• http://www.businessinsider.com, Sam RoMarkets are falling early in the European trading session.
A Capitalist Revolt In Socialist France
• http://www.businessinsider.com, Wolf RichterThe French government is trying to reign in its deficit by jacking up taxes, including the capital gains tax, which it wants to bring to the same level as the tax on income earned by the sweat of your brow—an old philosophical pillar of the French le
What Ray Dalio Said About The Rise Of Hitler Is His Most Worrisome Observation Yet
• http://www.businessinsider.com, Joe WeisenthalHedge fund god Ray Dalio was on CNBC this morning, giving a long-ranging interview to Andrew Ross Sorkin.
Robert Shiller: Canada Is Becoming A Slow-Motion Version Of The US Housing Bust
• http://www.businessinsider.com, Mamta BadkarFor some time, there has been talk of a growing housing bubble in Canada.
Economists Can Neither Think Nor See
• http://www.thedailybell.com, by Mike ShedlockThe global recession, which started in Europe, is strengthening led by further declines in the eurozone.
Europe’s Economy Sinks from Sight
• www.nakedcapitalism.com, Delusional EconomicsProbably best if you spike your morning coffee before reading any further.
John Embry - We’re Witnessing A Historic & Frightening End Game
• King World NewsToday John Embry gave a stunning interview to King World News. In it he made some rather frightening predictions. Embry believes, “... we are in the early stages of a global ‘Weimar’ event.”
Euro zone slump deepens and China still wilts
• http://www.reuters.com, By Andy BruceAggressive new policy from the European Central Bank has so far failed to boost ailing euro zone business, according to surveys that showed a widening chasm between sickly France and a more resilient Germany.
Global stocks fall, euro below $1.30 after round of downbeat economic news
• http://www.washingtonpost.com, Associated PressThe mood in financial markets turned sour Thursday after a round of disappointing economic news illustrated the scale of the global economic downturn.
Spanish Bad Loans Soar By Most Ever In Past Quarter To All-Time Highs
• http://www.zerohedge.com, by Tyler DurdenA month ago we warned that loan delinquencies in Spain were bad and getting worse at a concerning rate.
Why Have Markets Surged So Much? It All Comes Down To The 3 P's
• http://www.businessinsider.com, Joe WeisenthalBofAML's Michael Hartnett has an excellent note answering the question: Why is the equity market up so much?
German Supreme Court OKs Bailout Fund
• LA TimesHooray, EuroLand is saved yet again. Get ready for unlimited Euro printing.
After High Note for Euro Plan, Discord Emerges
• New York TimesGreeted with initial fanfare by investors and economic officials, the unlimited bond-buying plan that the European Central Bank announced ran into immediate political problems in the crucial countries of Germany, Spain and Italy.
10 Major Economic Headwinds
• Mike "Mish" ShedlockCentral bankers Debating the Limits of Power in Jackson Hole are wondering what's holding back the economy.
Nomura Has The Best Line To Describe How Difficult The Situation Is In Europe
• http://www.businessinsider.com, Joe WeisenthalFantastic paragraph and sentence here from Nomura bond strategist George Goncalves
Myth of Japanese Weakness with Ellen Brown
• arcleinJapan’s debt-to-GDP ratio is nearly 230%, the worst of any major country in the world. Yet Japan remains the world’s largest creditor country, with net foreign assets of $3.19 trillion. In 2010, its GDP per capita was more than that of France, German
Moody’s Changes Euro Zone Rating Outlook to ‘Negative’
• CNBCMoody's Investors Service has changed its outlook on the Aaa rating of the European Union to “negative,” warning it might downgrade the bloc if it decides to cut the ratings on the EU's 4 biggest budget backers: Germany, France, the U.K., and the Net
Fears Rising, Spaniards Pull Out Their Cash and Get Out of Spain
• CNBCMr. Vildosola is cutting his professional and financial ties with his troubled homeland. He has moved his family near Cambridge, England, where he will take the reins at a company, and transferred his savings from Spanish banks to British banks.
8 German Judges Hold The Fate Of The Euro In Their Hands
• http://www.businessinsider.com, ReutersGermany's Constitutional Court holds the fate of the euro in its hands when it rules next week on whether a crucial euro zone financial rescue fund can go ahead.
In Italy, world’s oldest bank faces uncertain future
• Washington PostTucked away in this Tuscan city, the oldest bank in the world has survived the Borgias, pestilence and too many wars to count. Now, a mundane foe has proved far more dangerous: Italian government debt.
Japan Manufacturing PMI Hits 16 Month Low, New Orders Plunge
• thedailybell.comOutput and new orders down at accelerated rates Near-stagnation of employment Purchasing costs fall to greatest extent since November 2009
Spain: For Whom The Bell Now Tolls
• zerohedge.comVia Mark J. Grant, author of Out of the Box,
Eco-commune flourishes as Greek economy withers
• ReutersWeb designer Apostolos Sianos and three friends startled Greek villagers when they quit well-paid jobs in Athens to set up a self-sufficient commune that lives in yurts and grows its own vegetables.
Tunisia: Blood in the streets?
• http://www.sovereignman.com, Simon BlackBanking tycoon Baron Rothschild is credited with saying that ‘the time to buy is when there’s blood in the streets.’ Rothschild took his own advice, making a fortune buying deeply undervalued assets following Napoleon’s defeat at the Battle of Waterl
FOREX-Euro slips on doubts over effective ECB response
• http://in.reuters.com, By Jessica MortimerThe euro eased on Monday after making significant gains, with many investors wary of buying the currency on caution about how effective action pledged by European policymakers to resolve the euro zone crisis would be.
Natural Capital
• arcleinthe waste we can't see: Superfund sites, greenhouse gases, radioactive waste, vagrant chemicals; and the social waste we don't want to think about: homelessness, crime, drug addiction, our forgotten infirm and elderly.
10 Things You Need To Know Before The Opening Bell
• http://www.businessinsider.com, Eric PlattGood morning. Here's what you need to know.
