Daily Archives: May 4, 2012 @ 3:16 pm (Friday)

Disabled Americans Shrink Size of U.S. Labor Force

And then there’s this: Disabled Americans Shrink Size of U.S. Labor Force By Alex Kowalski May 3 (Bloomberg) — Michael White says he wishes he still could pluck the bass line to Hank Williams Jr.’s “Born to Boogie” and pay … Continue reading

Posted in Employment |

Spain’s Valencia Struggles To Repay Debt

Note how ‘currency users’ are limited to relatively low levels of debt by markets: Valencia’s total outstanding debt at the end of 2011 was EUR20.76 billion, equal to around 20% of its GDP. Spain ran up it’s current national debt … Continue reading

Posted in Deficit, EU, Government Spending | Tagged |

The not so innocent fraud of repatriation

Repatriation made it to Romney’s platform: — Allow for a tax holiday for repatriated corporate profits held overseas So I’ve been asking this question for as long as I can remember: ‘Name one company holding off on investment because it … Continue reading

Posted in Politics | Tagged , |

Answer to question on stocks

>    >   (email exchange) >    >   Warren, what do u think stocks do here? >    Been bearish all along from mid March and still thinking same. Euro zone still melting down. US coming off Q4 rebuild of Japan’s pipeline. And now unemployment … Continue reading

Posted in Deficit, Equities, Government Spending |

April Job Data – ‘Mixed’//Fed Implications

Karim writes: Highlights April Payrolls rise 115k, below expectations. March revised from 120k to 154k and February from 240k to 259k Unemployment rate falls to new cycle low of 8.1% (already close to Fed’s year-end forecast of 7.8-8.0%) though due … Continue reading

Posted in Employment, Fed |

Another good read on the euro situation from Bill Mitchell

Why the Eurozone is destined to fail By Bill Mitchell

Posted in ECB, EU, Government Spending |

U.K.’s Quantitative Easing Has Worked, BOE’s Bean Writes in FT

We know part of the precise impact: We know the $80 billion per year the Fed has been turning over to the Treasury would have otherwise remained in the economy. U.K.’s Quantitative Easing Has Worked, BOE’s Bean Writes in FT … Continue reading

Posted in CBs, Fed |