Europe’s Peak Youth Unemployment Gets Peak-er

Despite a ratings ‘upgrade’ Spain’s youth unemployment rate has re-surged to a record 57.4% (just below that of Greece which still tops the scary chart list at 58%). Italy and Portugal also saw notable rises (despite the former’s record low short-dated… [...]

European Unemployment Declines From All Time High, Youth Unemployment Hits Fresh Record – Full Breakdown

Following the “good” news in the inflationary front, in which European November CPI rose and beat expectations if posting the first sub-Japan inflationary rate in Eurozone history, Eurostat followed with more holiday cheer when it reported a surprising… [...]

There Is Just No Escape From Mario Draghi’s Monetary Zombie Nightmare

On November 7, when the ECB announced a “surprising” rate cut, 67 out of 70 economists who never saw it coming, were shocked. We were not. As we observed ten days prior, Europe had just seen the latest month of record low private sector loan growth in … [...]

Howard Marks: "Markets Are Riskier Than At Any Time Since The Depths Of The 2008/9 Crisis"

In Feb 2007, Oaktree Capital's Howard Marks wrote 'The Race to the Bottom', providing a timely warning about the capital market behavior that ultimately led to the mortgage meltdown of 2007 and the crisis of 2008 as he worried about "c… [...]

Frontrunning: November 27

Winter storm lashes eastern U.S., threatens Thanksgiving travel (Reuters) Fed Reveals New Concerns About Long-Term U.S. Slowdown (BBG) Private equity keeps $789bn of powder dry (FT) – because they are “selling everything that is not nailed down” Merke… [...]

Solar Panels: Back to the Dark Ages

Click here to follow ZeroHedge in Real-time on FinancialJuice France‚Äôs General de Gaulle once said that the only thing that would unite Europe would be China. At the time he was probably visionary in the knowledge that the Europeans would never unite… [...]

Economic Metrics Are Now Used As Political Tools

  It’s now clear that the spate of positive economic data coming out of Europe prior to the German Federal Election in September 2013 was just political gaming to get Angela Merkel back into office.   The reasoning here is obvious: Merk… [...]

EU Citizenship Goes On Sale, Price War Breaks Out

Wolf Richter The huddled masses yearning to breathe free in the European Union drown by the boatload in the Mediterranean. They languish behind bars in detention centers … [...]

"It Is High Time That Central Banking Is Recognized For The Disease It Is"

Submitted by Pater Tenebrarum of Acting-man blog, Hans-Werner Sinn On The ECB And TARGET-2 Winners and Losers In a recent editorial at German newspaper Frankfurter Allgemeine Zeitung (FAZ), Hans-Werner Sinn, president of Germany's IFO Institute and… [...]

WITCHES BREW: The Policies of Insolvency! (PART VI)

TedBits – Newsletter View online Forward TedBits Newsletter November 8, 2013   Send To A Friend | View as PDF | View Past Articles | Subscribe   WITCHES B… [...]