Authored by Mike Shedlock via MishTalk.com,
In Europe, where it is essentially taboo to publicly discuss anything deemed politically incorrect, some interesting conversations are taking place in the Italian parliament regarding the future of Italy in the eurozone.
Via email, Eurointelligence asks Is Italy heading for debt restructuring or euro exit?
Buy Gold Near $1,200 “As Insurance” - Swiss Bank
S&P futures were little changed at 2,425, ignoring the N.Korea tensions of the past two days which will likely be a major topic in the upcoming G-20 summit, as European stocks fluctuate and Asian markets advance. Crude oil fell, snapping the longest winning streak this year, as Russia said it opposed any proposal to deepen OPEC-led production cuts.
As we’ve reported time and time again, once one looks past the headlines extolling the labor market "recovery" in the US, the details of these reports paint a much more discouraging picture. One need only look to the establishment survey – one of two measures used to calculate the Labor Department's monthly jobs figures – which shows that full-time jobs with benefits are increasingly being supplanted by low-paying part-time jobs.
Authored by Daniel Lang via SHTFplan.com,