Great Graphic: World Poverty In 2000 Was About US Level On Eve Of Civil War
Article By:
Marc Chandler
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Wednesday, November 12, 2014 9:27 AM EDT
Poverty is partly a historical creation. There have always been poor people, but in other epochs the Church would provide sustenance and shelter. During feudalism, the lord could not simply kick out the serfs.
ECB Joins Balance Sheet Expansion Parade
Article By:
Global Economic Intersection
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Tuesday, November 11, 2014 4:06 PM EDT
The fact that the 24 members of the European Central Bank's (ECB) governing council - including Germany - agree that further unconventional measures should be deployed if necessary to boost inflation, was clearly the main news in global monetary policy last week.
Black Tuesday - The War Party Won
Article By:
David Stockman
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Tuesday, November 11, 2014 4:50 AM EDT
In a word, the War Party won. This means that the Warfare State will prosper, the budget deficit will again soar, more government shutdowns will materialize and the day of fiscal reckoning will come that much sooner.
What Stocks Say About The State Of The Global Economy, In Two Charts
Article By:
Tyler Durden
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Monday, November 10, 2014 6:02 AM EDT
The following two charts cut right through the headline propaganda and show all there is to know about the state of the global economy.
Smart Or Lucky?
Article By:
Vivian Lewis
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Friday, November 7, 2014 3:49 AM EDT
Festivities for the 25th anniversary of “Die Wallfall”, the fall of the Berlin Wall between the old Communist East Germany and the rest of the world were rather subdued because the now free German railroad workers went on strike. Strikes were illegal in the old German “Workers' Paradise”.
Black Gold Eases On Supply And Demand Concerns
Article By:
Marc Chandler
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Thursday, November 6, 2014 2:58 PM EDT
Oil prices are down again today, and have dropped for five of the past six sessions.
This Land Is Your Land
Article By:
Vivian Lewis
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Wednesday, November 5, 2014 3:16 PM EDT
The Eurozone is suffering from restricted growth according to the European Commission which now forecasts that 2014 growth will be 0.8% overall for the 18 countries in the currency bloc. This is well below the earlier forecast of 1.2% growth, which was already low.
Lower Oil Prices Carry Geopolitical Consequences
Article By:
Stratfor
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Tuesday, November 4, 2014 6:35 AM EDT
Since mid-June, the price of Brent crude oil has fallen by nearly 25 percent -- going from a high of $115 to about $87 a barrel -- and structural factors are causing concern among global oil producers that oil prices will remain near current levels through at least the end of 2015.
In this article: OIL
Will Investors Flock To SunEdison’s Emerging-Market YieldCo?
Article By:
Tom Konrad
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Thursday, October 30, 2014 9:56 AM EDT
SunEdison is proposing something entirely new: a YieldCo with a focus on projects in Africa and Asia, but it's a long way between an S-1 filing with the SEC and and IPO.
Mysterious Chinese Buyer Of Record Crude Oil Cargoes Revealed
Article By:
Tyler Durden
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Thursday, October 30, 2014 4:28 AM EDT
Last week we noted a near-record number of VLCC oil tankers sailing towards Chinese ports as we speculated that the world's largest economy looked to rebuild its strategic petroleum reserve at low-low prices.
US Treasury Quid Pro Quo Arrangements With Criminal Cabals
Article By:
Russ Winter
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Wednesday, October 29, 2014 3:51 AM EDT
The chart of U.S. Treasury holdings since August 2011 is very revealing. It shows the great majority of its growth is due to purchases by the Fed. Starting in November — and barring some FOMC change plan — that number goes to zero.