The “Hanging in There” Game for Oil Producers
By EconMatters
9.2 Million Barrels
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Another Year, Another Greek Tragedy... Starting Next Week!
Source: worldbulletin.net
Mark next week in your calendar as that’s when the European authorities (read: creditors) will start reviewing Greece’s progress with regards to the reforms it had to push through in order to receive another bail-out package last summer.
The Looming Recession & The Muted Delight Of Janet Yellen's Epic Failure
Submitted by MN Gordon via EconomicPrism.com,
One week down. Fifty-one more to go. No doubt, this has been a wild start to the New Year. We expect many more to follow.
For example, on Monday, Chinese investors overloaded the Shanghai Stock Exchange. An abundance of traders hit the sell button in unison and nearly shorted out the sell side circuit. By early afternoon the breakers had tripped to prevent a full market meltdown. Here are the particulars, as reported by Bloomberg…
Gold In 2016: "Economic Power Is Shifting"
Submitted by Alasdair Macleod via GoldMoney.com,
Advance signs of a global slump in economic activity emerged in 2015.
Update to BLS December Payroll Jobs Report: It is even worse than I reported — Paul Craig Roberts
Update to BLS December Payroll Jobs Report: It is even worse than I reported
Paul Craig Roberts