More Bad News Imminent: August US Auto Production Set To Plunge By Most In 16 Months

- More Bad News Imminent: August US Auto Production Set To Plunge By Most In 16 Months (ZeroHedge, Aug 20, 2012) Over the past several months, many pundits were scratching their heads at the peculiar patterns in summer hiring and layoff trends, which threw all NFP, claims, and JOLTs forecasts in a loop making a [...] continue reading world news

India: 350 Million Families Starve As Politicians Loot $14.5 Billion In Food

- 350 Million Indian Families Starve As Politicians Loot $14.5 BIllion In Food (ZeroHedge, Aug 29, 2012): While The Brits are about to tax their Super-Rich, it appears one of the old colonies remains in full anti-Robin-Hood mode. Nothing surprises us much anymore but this note from Bloomberg too the proverbial biscuit. In the “most [...] continue reading world news

Judgment Day For The Euro And What’s At Stake

- Judgment Day For The Euro And What’s At Stake (ZeroHedge, Aug 28, 2012): Hans-Werner Sinn – Judgment Day For The Euro Hans-Werner Sinn is Professor of Economics at the University of Munich and President of the Ifo Institute for Economic Research. He also serves on the German economy ministry’s Advisory Council. Hi… Full profile [...] continue reading world news

China Stocks Drop To Fresh Post-2009 Lows Following Plunge In Industrial Company Profits

- China Stocks Drop To Fresh Post-2009 Lows Following Plunge In Industrial Company Profits (ZeroHedge, Aug 27, 2012): Today the Chinese stock market did something unthinkable: it plunged to fresh post 2009 lows on news so bad they would have been enough to send the stock markets of such “developed” bizarro economies as the US [...] continue reading world news

The Circular Logic And Prayer Tactics Of Draghi Queens, Sinomaniacs, And Other Orwellians

Related info: - The Only ‘Un-Manipulated’ Chart Of The Real Un-Recovery You’ll Ever Need - The Circular Logic And Prayer Tactics Of Draghi Queens, Sinomaniacs, And Other Orwellians (ZeroHedge Aug 25, 2012): We have desperately tried to explain the sheer idiocy of the circular argument of the Fed ‘attemping’ to stimulate fiscal policy by enacting [...] continue reading world news

Mitt Romney Admits To Using Chinese Slave Labor At Bain (Video)

YouTube Added: 24.08.2012 Description: “95% of life is set up for you if you were born in this country. And, I remember going to ah, uh, sorry just to bore you with stories. When I was back in my private equity days, we went to China to buy a factory there. It employed about 20,000 [...] continue reading world news

Many In The Middle Class Say They Are Doing Worse Financially

- Many in middle class say they are doing worse financially (Life Inc., Aug 23, 2012) continue reading world news