China prepares vast stimulus as slump threatens Asia

 

Wall Street Legend Sandy Weill: Break Up Big Banks

http://www.youtube.com/watch?v=mZ_fvnN9P2Q 

 

Norway is one of the most heavily taxed countries in the world with a total tax burden of roughly 45% of GDP-- almost 4x Hong Kong and nearly twice the US.

 http://www.sovereignman.com/expat/why-norway-is-a-bs-argument-for-higher-taxes-8235/

 

Treasuries Shot Up ...
Then Came Tumbling Down! 

Treasury bonds completed what is known to technicians as a "weekly outside reversal." That means Treasury bonds made a new, 

52-week high last Wednesday, but finished the week lower thanks to Friday's big decline. You can see this in the chart below. 

 

http://www.moneyandmarkets.com/will-last-weeks%E2%80%99-action-pop-the-baffling-bond-bubble-50149?FIELD9=1 

Greece 'on the brink' as cash reserves dry up

 

http://www.telegraph.co.uk/finance/financialcrisis/9440771/Greece-on-the-brink-as-cash-reserves-dry-up.html 

 

Spain Reports Record Capital Flight

http://www.spiegel.de/international/europe/spain-capital-outflows-reach-record-levels-in-euro-crisis-a-847466.html 

Swiss National Bank overwhelmed in desperate campaign to devalue franc

http://www.ft.com/intl/cms/s/0/d3176586-db29-11e1-be74-00144feab49a.html 

China prepares vast stimulus as slump threatens Asia

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/9442497/China-prepares-vast-stimulus-as-slump-threatens-Asia.html