French Bond event suggests massive recession and DEFLATION coming up!!
July 9th: FRANCE SELLS BONDS AT NEGATIVE INTEREST RATE
France sells 3+6 month bills at negative yield for 1st time: 3-month yield -0.005% vs 0.048% on July 2, 6-month yield at -0.006% vs 0.096%
PARIS (AP) — France’s government has sold short-term bonds at negative interest rates for the first time, a sign of investor confidence despite concerns about French debts and the [...]
From Economic Policy Journal:
Yup, the State Department has awarded a $16.5 millioncontract to Amazon to stock designated libraries and U.S.-friendly educationalcenters around the world with 2,500 Kindle e-Readers, procurement databasesshow, according to Nextgov.com. The contract includes 50 titles, a securecentral management system and round-the-clock help desk service.
The purchase works out to a cost of $6,600 per reader.No doubt there may be extra support and software that comes with these Kindles,but [...]