Everyone has been desperately waiting for this. At 3:00 pm it will be publicly released. Hopefully, shortly thereafter we can proceed with the discussion of important things such as the complete economic collapse of not only America, but the entire world (which is apparently now hooked into voting for Obama as disclosed earlier). For those strapped for time here is the summary: Romneys 2011 tax rate 14.1%, Charity donations: 30%; Obamas [...]
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Japan’s exports fall 5.8%, trade deficit widens Japan’s trade deficit widened in August from a month earlier as both exports and imports fell, data released Thursday showed, but the results still managed to beat expectations. Total exports for the month dropped 5.8% from a year earlier, the Finance Ministry reported, though exceeding expectations in a Dow Jones Newswires poll for a 6.2% decrease. August imports lost 5.4%. The trade deficit reached [...] SCORECARD Japan: Markit/JMMA Manufacturing PMI – 47.9, down from 49.9 in June India: HSBC India Manufacturing PMI — 54.8, down from 54.9 in April Poland: HSBC Poland Manufacturing PMI — 48.9, down from 49.2 in April Turkey: HSBC Turkey Manufacturing PMI — 50.2, down from 52.3 in April Spain: Markit Spain Manufacturing PMI — 42.0, down from 43.5 in April Czech Republic: HSBC Czech Republic Manufacturing PMI — 47.6, down from 49.7 in April France: Markit France Manufacturing PMI — 44.7, down from 46.9 in April Germany: Markit [...] UK’s total debt forecast to hit £10 trillion by 2015 Britain’s total debt will top £10 trillion by 2015, according to PricewaterhouseCoopers, which warned the burden could slow growth for decades as interest rates eventually rise. Property-related borrowing and lending between financial institutions helped the collected debt of households, businesses and government balloon from roughly twice gross domestic product (GDP) in 1987 to around 5.4 times by 2009, when total debt [...] http://www.treehugger.com/green-inve…last-year.html Business continues to boom in the global clean energy sector: Reuters reports that deals in the solar, wind, and energy efficiency industries netted a record $53.5 billion last year. That’s a rather significant 40% from 2010, according to the analysis from PriceWaterHouse Coopers. And what’s more, total investment in renewable energy broke the record, too: $260 billion was directed to the burgeoning business of clean power. Even more encouraging was the [...] http://www.treehugger.com/green-inve…last-year.html Business continues to boom in the global clean energy sector: Reuters reports that deals in the solar, wind, and energy efficiency industries netted a record $53.5 billion last year. That’s a rather significant 40% from 2010, according to the analysis from PriceWaterHouse Coopers. And what’s more, total investment in renewable energy broke the record, too: $260 billion was directed to the burgeoning business of clean power. Even more encouraging was the [...] I. IT ACTUALLY INCREASES THE DEFICIT OVER DOING NOTHING. According to the CBO, by 2022 Ryan’s budget will increase the deficit to 70% of GDP. On the other hand, doingnothing would increase the Deficit to 67% of GPD. II. THE COST OF HEALTH CARE FOR SENIORS WOULD RISE BY 2.7 TIMES. Under current Medicare 25% of the cost of health care is paid for by Seniors. According to the CBO, Under [...] Manufacturing slump accelerates Activity in Australia’s manufacturing sector slumped in July, with the strong local currency and weak domestic demand continuing to restrict growth. The Performance of Manufacturing Index by the Australian Industry Group and PwC fell 9.5 points last month to 43.4. That is well below the key 50-point level which separates expansion from contraction. The survey also shows the prospect of a carbon tax has added to [...] U.S. employers can expect an 8.5 percent increase in their medical costs next year due in some part to the healthcare reform law, the consulting firm PwC said in a report Wednesday. The widely read annual report on cost trends points to three main drivers of healthcare costs, two of which are exacerbated by the new law. At the same time, PwC said the law will have [...] by LFM House prices in UK crashing again: UK Consumer Nationwide Consumer Confidence Index plummets, falling to lowest level in over a year: India economic growth falls to much lower than expected: RAF chief warns UK government cuts in military and slashing air force will endanger UK: Greenspan says more quantitative easing and stimulus going on for over 2 years now is a very dangerous game risking the entire financial system all over again: Japanese banksters [...] |
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