A slightly salted view of society

Cross Posted from macrobusiness.com.au   North America U.S. jobless rate forces Yellen’s hand on Fed guidance U.S. consumer credit posts biggest jump in 10 months Republicans eye U.S. debt limit vote as Lew warns of cash crunch What is ‘emerging’ is that perhaps we should focus concern on the US market Employment’s Decline, for Men of All Ages Payroll Data Shows a Lag in Wages, Not Just Hiring Pinning down the January effect on U.S. jobs figures Another false start for the U.S. economy? Canada floats new citizenship rules that could affect thousands of Chinese Exclusive: How mainland Chinese millionaires overwhelmed Canada’s visa scheme The Two Big Failures of the Bernanke Fed Fed should plan to lift interest rates this year Low-Income Students Don’t Have to Get Into Harvard Comparing Economic Recoveries: Ritholtz Chart The Spectacular Myth of Obama’s Part-Time America—in 5 Graphs The Shame of America’s Long-Term Unemployment Crisis A Policy Response...

Cross Posted from Macrobusiness.com.au Global Macro / Markets: Bitcoin’s Emerging Price Stability - Tech Crunch Succession exposes risks for hedge funds – Financial Times Governments Can and Should Beat Bitcoin at Its Own Game – Slate Emerging markets risk repeating eurozone blunder of synchronised tightening – The Telegraph North America: ISM Manufacturing index declines sharply in January to 51.3 due to “adverse weather conditions” – Calculated Risk US debt default ’by end of month’ – BBC The 10 worst states for taxes in 2014 – CNBC US struggles for saving grace in retirement – Business Spectator Europe: Germany preparing third financial rescue for Greece – The Guardian Corruption across EU ’breathtaking’ – BBC Europe will feel the pain of emerging markets – Financial Times Asia: China says no cover-ups using state secrecy as excuse – Reuters Cost of Bearish Chinese ETF Bets Surges a...

Cross posted from perthnow   Leader ... WA still tops the other states in economic growth, including retail spending, unemployment and construction. Picture: Daniel Wilkins   WESTERN Australia is still topping the other states when it comes to economic performance. CommSec's quarterly State of the States report says there's been no slippage in WA's number one ranking, although the Northern Territory has leapfrogged the ACT to become the second-best performing economy, thanks to improvements in business investment and unemployment. Each quarter, CommSec uses eight key indicators to rank the states and territories - economic growth, retail spending, equipment investment, unemployment, construction work done, population growth, housing finance and dwelling commencements. South Australia and Tasmania were the weakest performers while NSW and Victoria were equal in fifth place. Tasmania lagged behind the other economies on almost all of the indicators...

Title: Nineteen eighty-four Author: George Orwell (pseudonym of Eric Blair) (1903-1950) PART ONE Chapter 1 It was a bright cold day in April, and the clocks were striking thirteen. Winston Smith, his chin nuzzled into his breast in an effort to escape the vile wind, slipped quickly through the glass doors of Victory Mansions, though not quickly enough to prevent a swirl of gritty dust from entering along with him. The hallway smelt of boiled cabbage and old rag mats. At one end of it a coloured poster, too large for indoor display, had been tacked to the wall. It depicted simply an enormous face, more than a metre wide: the face of a man of about forty-five, with a heavy black moustache and ruggedly handsome features. Winston made for the stairs. It was no use trying the lift. Even at the best of times it was seldom working, and at present the electric current was cut off during daylight hours. It was part of the economy drive in preparation fo...