Finally, An Honest Inflation Index – Guess What It Shows
Posted with permission and written by John Rubino, Dollar Collapse
Central bankers keep lamenting the fact that record low interest rates and record high currency creation haven’t generated enough inflation (because remember, for these guys inflation is a good thing rather than a dangerous disease).
With unemployment in the US purportedly reaching its lowest level in 17 years (that is, according to the Department of Labor's flawed household survey) employees who once would've been too fearful to leave their jobs are now actively looking for opportunities. With that in mind, many have probably wondered what's the best company to work for where they live?
Well, HowMuch.com gathered data compiled by Forbes into an infographic to try and map out the best and largest employers in every country.
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The IMF released a new analysis on the instability stability of the Chinese financial system. Speaking to the media in an online briefing, some of the insights from Ratna Sahay, deputy director of the IMF’s Monetary and Capital Markets Department, hardly advanced our knowledge much.
Sahay noted that “Risks are large. Having said that, the authorities are really aware of risks and they are working proactively to contain these risks.”
Authored by Zainab Calcuttawala via OilPrice.com,
Tesla is not the only one bringing electric engines to cargo transport.
China just launched its first all-electric cargo ship, which will travel 50 miles at a top speed of 8 miles per hour on a single charge. Though it will be able to carry 2,200 tons of cargo with every haul, that battery capacity is barely enough to fulfill any transatlantic shipments. It will take just two hours to recharge, which is about as much time the vessel needs to unload at a destination.