Econintersect: Click Read more >> below graphic to see today’s list.
The top of today’s reading list is about America’s social recession still ongoing …….. and the last article is about still another warning sign of a stock market extreme.
- America’s Social Recession: Five Years and Counting (Charles Hugh Smith, Of Two Minds) Charles Hugh Smith contributes to Global Economic Intersection, most recently today.
- Feudalism: Then and Now (Arrest_Bankers via Twitter) Hat tip to Roger Erickson. Neofeudalism???
Click on graphic for larger image.
Read more here: http://www.newsobserver.com/2013/08/25/3136063/davidson-prof-uses-mime-to-explain.html#storylink=cpy
- WARNING: These Stocks Will Crush You (Strong Sell) (Robert Hsu, Money Morning) Robert Hsu has contributed to Global Economic Intersection.
- America’s Best Small Towns (CNN Money)
- Federal Reserve Employees Afraid To Speak Put Financial System At Risk (Shahien Nasiripour, Huffington Post)
- Angela Merkel: Greece should never have been allowed in the euro (Andrew Trotman, The Telegraph)
- The Average American Worker Has Made No Progress In The Past Decade (Max Nisen, Business Insider)
- JPMorgan Bribe Probe Said to Expand in Asia as Spreadsheet Is Found (Dawn Kopecki, FTAlphaville) The Justice Department has joined the Securities and Exchange Commission in examining whether JPMorgan hired people in China so that their family members in government and elsewhere would steer business to the firm, possibly violating bribery laws.
- Why $3.4tn in foreign reserves is not China’s escape hatch (Paul J. Davies, FTAlphaville) China has accumulated foreign exchange assets not much faster than it accumulated FDI liabilities.
- Equity Assets to Money Market Assets Ratio Hits All-Time Highs (Chris Kimble, Advisor Perspectives dshort.com) Chris Kimble contributes to Global Economic Intersection. Another red flag waving.
Click on chart for large image at Advisor Perspectives dshort.com.
