Robert Pollin comes up with a rigorous research paper on oil speculation and how it affects prices; and proves that Petey is nothing but full of sh*t. Again.

Absolutely! You read that correctly. Businesses are now offering incentives to qualified employees to move to Detroit. Blue Cross Blue Shield of Michigan, DMC, and GM just to name a few are giving forgivable loans and rental stipends for their employees to relocate to Detroit. Everyone cannot secure a mortgage right now, but want to buy. With your help, they have options! What does that mean for you…the investor? PROFIT! ) Enjoy! www.DetroitPropertyGal.com

EverythingFinanceBlog.COM In today’s economic and investment climate, many people are especially concerned with getting the highest return for their investment. This often requires a great deal of planning and insight. Read More: everythingfinanceblog.com

The Oracle of Omaha says US sovereign debt should be rated Quadruple A – puts his money where his mouth is – and is proven right again. The Oral Orifice of Westport told everyone on Friday to exit the US dollar, treasuries and any other US dollar denominated debt – and eats crow again. Epic fail.

Stop with the Media fear mongering it is of Pure Ignorance

For more news visit ☛ english.ntdtv.com Follow us on Twitter ☛ http Add us on Facebook ☛ facebook.com Chinese authorities are loosening rules on foreign investment in China. Their hope is to ultimately have the yuan—also called the renminbi—compete with big international currencies like the US dollar and the euro. They likely see the new rules as a first step. On Wednesday, Chinese authorities formalized new rules that would allow foreign companies to invest in China using Chinese currency, according to a report by AFP. It’s important for Chinese leaders—who likely see it as an initial step to transforming the yuan into an international currency. This new trial scheme will allow foreign firms to set up companies, make acquisitions, and increase stakes in Chinese subsidiaries. But foreign firms will still be barred from investing in certain industries. Chinese officials have hinted in the past at their ambition to have their currency compete with, or even replace, the US dollar as the global reserve currency. Analysts say the new rules will pave the way for issuing yuan-dominated bonds in Hong Kong—and eventually to further policy changes that would make the yuan freely convertible on the world market. More liquidity would mean the yuan is more attractive as a reserve currency. For a long time, China has done trade deals with foreign countries using US dollars. But over the past few years, they’ve been experimenting with currency swaps—where nations first swap a large …

For more news visit ☛ english.ntdtv.com Follow us on Twitter ☛ http Add us on Facebook ☛ facebook.com Chinese authorities are loosening rules on foreign investment in China. Their hope is to ultimately have the yuan—also called the renminbi—compete with big international currencies like the US dollar and the euro. They likely see the new rules as a first step. On Wednesday, Chinese authorities formalized new rules that would allow foreign companies to invest in China using Chinese currency, according to a report by AFP. It’s important for Chinese leaders—who likely see it as an initial step to transforming the yuan into an international currency. This new trial scheme will allow foreign firms to set up companies, make acquisitions, and increase stakes in Chinese subsidiaries. But foreign firms will still be barred from investing in certain industries. Chinese officials have hinted in the past at their ambition to have their currency compete with, or even replace, the US dollar as the global reserve currency. Analysts say the new rules will pave the way for issuing yuan-dominated bonds in Hong Kong—and eventually to further policy changes that would make the yuan freely convertible on the world market. More liquidity would mean the yuan is more attractive as a reserve currency. For a long time, China has done trade deals with foreign countries using US dollars. But over the past few years, they’ve been experimenting with currency swaps—where nations first swap a large …

Acclaimed economist Mike Norman points to yet another epic fail from S&P and Peter Schiff – as treasuries soar and yields drop in response to the downgrade.