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Rescooped by Macro Shore from Local Economy in Action
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Can Patagonia's 'responsible economy' campaign catch a wave?

Can Patagonia's 'responsible economy' campaign catch a wave? | Econ Love Triangle | Scoop.it
Can the iconoclastic company that advertised "Don't buy this jacket" convince consumers and other companies to change the economy for good?

Via Bill Palladino - MLUI
Macro Shore's insight:

 - Wiggity Walt Kasmer (who has a Patagonia backpack)

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Why young people are saying 'no' to the worforce

Why young people are saying 'no' to the worforce | Econ Love Triangle | Scoop.it
Young people are leaving the workforce in ever larger numbers. The recession is the main reason, but more time in college, longer lives, and raising kids are also factors.
Macro Shore's insight:

Current Event for Friday

-M.H.

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Shutdown Will Hinder True Gauge of US Economy - New York Times

Shutdown Will Hinder True Gauge of US Economy - New York Times | Econ Love Triangle | Scoop.it
McClatchy Washington Bureau Shutdown Will Hinder True Gauge of US Economy New York Times Like a driver with a broken speedometer, economists are being forced to come up with new ways to gauge the economy's strength as the aftereffects of the...
Macro Shore's insight:

-Meggy Huynh

(ironic how the government shutdown was supposed to HELP the economy)

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Rescooped by Macro Shore from Money News
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25 Fast Facts About The Federal Reserve | Blindfold

25 Fast Facts About The Federal Reserve | Blindfold | Econ Love Triangle | Scoop.it

As we approach the 100 year anniversary of the creation of the Federal Reserve, it is absolutely imperative that we get the American people to understand that the Fed is at the very heart of our economic problems. 

 

It is a system of money that was created by the bankers and that operates for the benefit of the bankers. 

 

The American people like to think that we have a “democratic system”, but there is nothing “democratic” about the Federal Reserve.  Unelected, unaccountable central planners from a private central bank run our financial system and manage our economy...


Via Sepp Hasslberger
Macro Shore's insight:

 - Wiggity Walt Kasmer

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Sepp Hasslberger's curator insight, October 22, 2013 6:04 PM

How to get a whole country indebted with the banks...

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Fed 'taper' off table till 2014: conomists - MarketWatch (blog)

Fed 'taper' off table till 2014: conomists - MarketWatch (blog) | Econ Love Triangle | Scoop.it
Fed 'taper' off table till 2014: conomists MarketWatch (blog) Ian Shepherdson, chief economist at Pantheon Macroeconomics, said that the September report was “soft all around.” “We would be astonished now if the Fed felt able to taper this year;...
Macro Shore's insight:

Patrick Grady

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Rescooped by Macro Shore from Digital-News on Scoop.it today
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Late September Jobs Report Shows Weak Growth, Struggling Economy

Late September Jobs Report Shows Weak Growth, Struggling Economy | Econ Love Triangle | Scoop.it
As far as September’s jobs news is concerned, it might have been better if the government shutdown cancelled the report altogether.
Instead, the U.S. Department of Labor‘s delayed report released this morning showed the U.S.

Via Thomas Faltin
Macro Shore's insight:

-Meggy Huynh

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Rescooped by Macro Shore from Local Economy in Action
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Can Patagonia's 'responsible economy' campaign catch a wave?

Can Patagonia's 'responsible economy' campaign catch a wave? | Econ Love Triangle | Scoop.it
Can the iconoclastic company that advertised "Don't buy this jacket" convince consumers and other companies to change the economy for good?

Via Bill Palladino - MLUI
Macro Shore's insight:

 - Wiggity Walt Kasmer (who has a Patagonia backpack)

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Rescooped by Macro Shore from Gold and What Moves it.
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Richard Russell - America In Trouble As Gold War Rages

Richard Russell - America In Trouble As Gold War Rages | Econ Love Triangle | Scoop.it

On the heels of continued volatility in key global markets, the Godfather of newsletter writers, Richard Russell, warned about the severe problems the United States is facing.  Russell also wrote about gold, and included some fantastic charts which covered everything from the withering consumer, to the ongoing war in the gold market. 

 

Richard Russell: “I don't think the public is aware of the problems that are arising in America's cities ... What's really happening is nothing like what the government reports to us through their frequent rosy announcements.  But it won't be long before the US public realizes the ominous drift that the nation is sinking into.  

 

Maybe the best indication is the sudden slowdown in sales at mighty Wal-Mart.  It's clear that the public is at least beginning to “pull in its horns.”  A recent poll tells us that the majority of the US public believes that the nation is still in a recession.

 

So what are the charts telling us?  We might as well start with the biggie, which is Wal-Mart.  Here we see declining tops with a huge surge of volume on last Thursday's sell-off ...


Via Hal
Macro Shore's insight:

Patrick Grady

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America's economy: Meh ceiling? | The Economist

America's economy: Meh ceiling? | The Economist | Econ Love Triangle | Scoop.it
WHY haven't financial markets been more perturbed by the dangerous game being played in Washington? There are plenty of explanations circulating, but we shouldn't...
Macro Shore's insight:

The idea that we have a debt ceiling hat should stop us from racking up to much is kind of redudent now. We continue to post pone the decision because we have democrats and republicans at each others throat. Plus we have people already planning for the next election which in reality is stupid we have 3 more years lets wait a little. The real intresting thing is that even though the US came so close to defaulting the sky did not come down. The game of crisis chicken will continue with almost not problems at all. The dollar is stable, inflation is fine so this is the perfect opprotunity for our government to sort things out. Because if we do default things will be managable but do you really want things to be that way or good? In order for to stablize the economy and get back on the horse we need to make compromises. In order to do that someone needs to remind congress and every other person invovled in politics you can't get everything your way.

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