- Equities Rising On “Rivers Of Blood”
- American Shame
- Home Prices in 20 U.S. Cities Declined 2.4% From Year Earlier
- Moody’s Cuts Outlook For Japan Credit Rating
- Parabolic Flight To Silver, As April Crude Touches $98.48, Irrelevant Dollar Unch
- The Long Term Budget Problem Begins Now
- The Shattered Myth Of A Moderate Qaddafi Heir
- Oil Shock Fears As Libya Erupts
Get started building resilience into your life with our ‘What Should I Do?’ guide
While the foundation Powell laid in England became the rallying cry for Conservatives in Arizona recently, when we see OTHER countries oppressing the rights of people we go nuts, right? About 250 protesters have already been killed by Kadhafi’s storm troopers but we’re not worried about the rivers of blood – we’re worried about the rivers of oil that are controlled by Libya, which pumps 2Mb a day out of their estimated 42Bn barrel reserves.
American Shame (Ilene)
How the International Monetary Fund’s “Advanced economy” countries compare on various measures.
The S&P/Case-Shiller index of home values in 20 cities fell 2.4 percent, the biggest year-over-year decrease since December 2009, the group said today in New York. The median forecast of economists surveyed by Bloomberg News projected a 2.3 percent decrease.
Moody’s Cuts Outlook For Japan Credit Rating (pinecarr)
Moody’s cited comments last month by Bank of Japan governor Masaaki Shirakawa, who said ‘no country can continue to run fiscal deficits forever.’
There was a time, long ago, when the dollar was a flight to safety instrument. Those days are gone. DXY barely budging as the overnight session begins, while silver has already put $34 in the dust. Last: $34.26 and parabolic.
The Long Term Budget Problem Begins Now (newztipper)
ou can see the assumption of the economy recovering as the blue revenue line recovers from an extraordinary low share of GDP. As more people get jobs, the government will get more income and wage revenues. You can also see spending declining from the 2009-2011 phase which spiked principally because of TARP and stimulus.
By now, you’ll have seen Saif al-Islam al-Qaddafi, the second oldest son of the Libyan leader, on air defending the brutal decades-long rule of his father. In a speech that had echoes of his dad’s long and rambling incoherence, Saif blaimed the ongoing protests on everyone from criminals to Islamists. He promised that Qaddafi would fight to the last protestor. And he was unapologetic about a death toll that he seems to have massively under-stated; he claimed that just 14 have died, while Human Rights Watch puts the number at over 200.
Oil Shock Fears As Libya Erupts (pinecarr)
The spectre of full civil war in oil-rich Libya and reports of the creation of an Islamic emirate in the country’s “Barqa” region has moved the Mid-East crisis into a more dangerous phase, setting off an explosive rise in US crude prices.
Article suggestions for the Daily Digest can be sent to [email protected]. All suggestions are filtered by the Daily Digest team and preference is given to those that are in alignment with the message of the Crash Course and the “3 Es.”