Day: November 17, 2014

Bad news day from both sides of Atlantic

British Prime Minister Cameron says ‘red warning lights’ flashing on global economy – The Washington Post.

Not good to hear this:

LONDON — In a starkly downbeat assessment, British Prime Minister David Cameron has written that the world’s economy could be headed for another fall.

“Six years on from the financial crash that brought the world to its knees, red warning lights are once again flashing on the dashboard of the global economy,” Cameron writes ina piece published Monday inBritain’s Guardian newspaper.

Nor this:

David Stockman Interview On HedgeEye TV: The Bubble Is Global And Its Already Popping

SmarterTimes catches NY Times in self-concentration mode

Apology for mistake, saying IT WASN’T THE REPORTER’S FAULT!  Point is, who cares whose fault within the NYT, which is giant COLLABORATION for the sake of the reader who is the consumer whose interests are supposed to be supreme.

It’s like the counter man at a local “juice bar” cum coffee shop who, when I took note of the high price of their coffee, began to explain it as the high cost of doing things organically, not how much more I would enjoy the coffee knowing it’s good for my health.

Is it?