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Print the Legend: Peter Schiff
Peter Schiff * GoldSeek.com The Trayvon Martin/George Zimmerman tragedy has become one of those transcendent events that dominates the national discourse and throws light on dimly lit aspects of our society. Obviously, the case touches most closely on issues of race relations, media culture, and the politicization of the justice system. It also reveals how preconceived emotional commitments to a narrative can consistently trump demonstrable facts. These tendencies are also present in the polarized discussion about the persistent weakness of the U.S.
The Coming Economic Perfect Storm. 3 Major Bubbles About To Burst: Oil, China, & Wall St
BEIJING (AP) — China has ended controls on bank interest rates in a move toward making its financial system more market-oriented. The change announced Friday by the central bank comes amid promises by the ruling Communist Party to make the economy more efficient and productive. Analysts say one of the most important changes will be to overhaul China’s banking industry that subsidizes state industry and lends little to entrepreneurs. http://www.usatoday.com/story/money/business/2013/07/19/china-bank-lending-rates/2567583/?utm_source=dlvr.it&utm_medium=twitter&dlvrit=110940 Krugman: “China is in big trouble.
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