Early Headlines: China Bear Market, Finland Basic Income, Greek Bank Bail-ins Rumored, Watch Greeks Voting, Varoufakis to Quit If . . . and More


Early Bird Headlines 05 July 2015

Econintersect: Here are some of the headlines we found to help you start your day. For more headlines see our afternoon feature for GEI members, What We Read Today, which has many more headlines and a number of article discussions to keep you abreast of what we have found interesting.



 more WWRT

What We Read Today 04 July 2015

Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary 'reading list' which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for 'reading list' items are gratefully reviewed, although sometimes space limits the number included.

This feature is published every day late afternoon New York time. For early morning review of headlines see "The Early Bird" published every day in the early am at GEI News (membership not required for access to "The Early Bird".).


Every day most of this column ("What We Read Today") is available only to GEI members.

To become a GEI Member simply subscribe to our FREE daily newsletter.

Read more ...

 more features, analysis, studies, and news published in the last week

Documentary of The Week: Minsky and Endogenous Money

Steve Keen: Crash Course in Non-Equilibrium Economics Lecture 5A

Econintersect: Lecture 5 completes Prof. Keen's lecture series on non-equilibrium economics with continuation of the discussion of the application of Financial Instability Hypothesis by Hyman Minsky to the work of Richard Goodwin from fixed cycles to a functionally dynamic model. The preceding lecture (4B) showed how the dynamic Minsky model (based on the connection of Minsky and Goodwin) shows periods of notable stability which is the followed by chaos (collapse). Thus we have a model which can produce financial crisis preceded by a 'Great Moderation'. In this lecture the model is expanded to include endogenous money, that is money which is created through economic interactions within an economy rather than autonomously (exogenously) by an external authority (such as a central bank).



Infographic Of The Day: Vehicle Maintenance To Improve Lifespan

Most of us are vehicle owners. However, we don't always have time to keep up with the required maintenance.

Read more ...

Video of the Day:

Conservative German MP stated in part that Greece will never be able to pay back her debts, because this would require an economic growth of more than ten percent per year for decades.

video of day picture

FOREX NEWS by DailyForex


Appropriately enough, the etymology of the word “Chaos” stems from the Greek word “khaos” – meaning a vast void or chasm, originally.

Oil Prices Drop on Oversupply, Chinese Stock Probe

Good news may be in store at the pump before the July 4th weekend as oil prices dropped on Friday amid reports that an oversupply of the crude remains on U.S. oil rigs.

Swedish Central Bank Surprises

A surprise rate cut by Riksbank sent the Swedish Krona nearly 1% lower against its key rival, the common currency Euro.


Tomorrow, Friday, 3rd July, is a major public holiday in the U.S.A. This year, the 4th of July is effectively the 3rd of July, 2015. Find out how this affects Forex trading and when the markets will be closed here.

The Fall of the Euro—When?

Now that Greece has missed a repayment worth about 1.5 billion euros ($1.7 billion) that was due on Tuesday to the International Monetary Fund (IMF), all eyes are focused on the future of the euro and its impact in the international arena.
 more investing, markets, precious metals & forex

The Week Ahead: Greece, FedSpeak or Lazy, Hazy, Crazy Days of Summer?

 more opinion

A Sad Day for Europe

by Alan Harvey, Institute for Dynamic Economic Analysis

The debate over Greece has an eerie resemblance to the debate over climate change. One side prefers apocalypse to changing its opinion, even in the face of evidence. In fact, as the evidence mounts, the denialists become only the more rigid.


 USA economy at a glance (boxed items are updates in last 7 days)

Fed's Balance Sheet 01 July 2015 - Levels Fall

Total Fed Balance Sheet:

Fed's Balance Sheet week ending balance sheet was $4,440 trillion..

Read more ...