Spain’s debt is now worth more than the value of the economy. Target
misses expectations as sales decline. Obama now pushing overtime to
adjust for inflation, even though they are reporting no inflation.
Baltic Dry Index holding at 642. Citi surprise index shows the economy
is declining. Texas is building its own gold repository. Saudi Arabia
has a full blown liquidity problem. Countries are selling off Treasuries
at the fastest pace since 1978. FOMC using propaganda of an interest
rate hike to push the markets up.
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