Implode-Explode Heavy Industries news feed http://implode-explode.com/ Tracking the many faces of the global credit implosion. en-us iehi-feed-56634 Sun, 03 May 2015 17:12:08 GMT US jobs relapse raises fresh doubts on Fed tightening http://implode-explode.com/viewnews/2015-05-03_USjobsrelapseraisesfreshdoubtsonFedtightening.html ``The employment component dropped sharply to 48.3, below the "boom-bust line" of 50 and the lowest in almost six years. The relapse is likely to set off alarm bells at the Fed, where chairman Janet Yellen pays very close attention to the labour market.

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There is now a clear risk that the US economy may slow to "stall speed" under the Fed's model, defined as a "slow-growth phase at the end of expansions before falling into a recession".

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A separate report by Markit found that US manufacturing output in April fell to its lowest level this year, depressed by declining exports.

... wages have failed to pick up as expected. Average pay growth for non-supervisory workers has languished at 1.6pc over the past year and has actually slowed to a rate of 0.8pc in the past three months.

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The labour participation rate is still at a 37-year low of 62.7pc. The rate for males has dropped from 73.8pc to 69.3pc since 2007, a drastic fall that cannot be fully explained by changing technology or "structural" problems.

A new paper by Danny Blanchflower and Andrew Levin for the National Bureau of Economic Research argues that there are still large numbers of people with part-time jobs who want to work full-time. Once all forms of "hidden unemployment" are included, the shortfall reaches 3.3m jobs. The real unemployment rate is around 7.5pc.

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iehi-feed-56628 Sun, 03 May 2015 00:35:59 GMT How A Loss Of Liquidity Could Cause A Summer Grexit http://implode-explode.com/viewnews/2015-05-02_HowALossOfLiquidityCouldCauseASummerGrexit.html iehi-feed-56626 Sat, 02 May 2015 14:11:09 GMT Central banks consider joining the LBMA - RIP Transparency? http://implode-explode.com/viewnews/2015-05-02_CentralbanksconsiderjoiningtheLBMARIPTransparency.html iehi-feed-56620 Fri, 01 May 2015 23:55:32 GMT The Trans-Pacific Partnership and the Death of the Republic | Ellen Brown http://implode-explode.com/viewnews/2015-05-01_TheTransPacificPartnershipandtheDeathoftheRepublicEllenBrown.html Under the TPP or the TTIP (the Transatlantic Trade and Investment Partnership under negotiation with the European Union), would the Federal Reserve be sued if it failed to bail out banks that were too big to fail?

Firestone notes that under the Netherlands-Czech trade agreement, the Czech Republic was sued in an investor-state dispute for failing to bail out an insolvent bank in which the complainant had an interest. The investor company was awarded $236 million in the dispute settlement. What might the damages be, asks Firestone, if the Fed decided to let the Bank of America fail, and a Saudi-based investment company decided to sue?

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iehi-feed-56616 Fri, 01 May 2015 14:23:41 GMT Greece "Scrambles"To Make Full Monthly Pension Payments: "Still Missing Several Hundred Million Euros" http://implode-explode.com/viewnews/2015-05-01_GreeceScramblesToMakeFullMonthlyPensionPaymentsStillMissingSever.html iehi-feed-56615 Fri, 01 May 2015 14:21:55 GMT Guess Who Predicted The Failure Of QE http://implode-explode.com/viewnews/2015-05-01_GuessWhoPredictedTheFailureOfQE.html iehi-feed-56613 Fri, 01 May 2015 14:17:57 GMT Saudi Arabia Is Burning Through Its Foreign Reserves at a Record Pace http://implode-explode.com/viewnews/2015-05-01_SaudiArabiaIsBurningThroughItsForeignReservesataRecordPace.html iehi-feed-56611 Fri, 01 May 2015 14:13:16 GMT CME Group bars two gold futures traders for allegedly spoofing http://implode-explode.com/viewnews/2015-05-01_CMEGroupbarstwogoldfuturestradersforallegedlyspoofing.html iehi-feed-56610 Fri, 01 May 2015 13:50:42 GMT El Salvador's gold reserves, the BIS, and the bullion banks http://implode-explode.com/viewnews/2015-05-01_ElSalvadorsgoldreservestheBISandthebullionbanks.html iehi-feed-56607 Thu, 30 Apr 2015 15:57:21 GMT The Swiss National Bank Is Long $100 Billion In Stocks, Reports Record Loss http://implode-explode.com/viewnews/2015-04-30_TheSwissNationalBankIsLong100BillionInStocksReportsRecordLoss.html iehi-feed-56606 Thu, 30 Apr 2015 15:55:32 GMT THE FOOTNOTE TO THE SMALL PRINT OF THE IMF LOAN -- UKRAINE FAILS AGAIN http://implode-explode.com/viewnews/2015-04-30_THEFOOTNOTETOTHESMALLPRINTOFTHEIMFLOANUKRAINEFAILSAGAIN.html iehi-feed-56605 Thu, 30 Apr 2015 14:05:37 GMT Proposal: China Gets U.S. Land, Businesses, In Debt "Receivership" http://implode-explode.com/viewnews/2015-04-30_ProposalChinaGetsUSLandBusinessesInDebtReceivership.html iehi-feed-56603 Thu, 30 Apr 2015 01:44:58 GMT Fed lowers economic outlook but stays mum on rate plans http://implode-explode.com/viewnews/2015-04-29_Fedlowerseconomicoutlookbutstaysmumonrateplans.html iehi-feed-56602 Wed, 29 Apr 2015 19:20:47 GMT What's with JP Morgan and its massive silver hoard? http://implode-explode.com/viewnews/2015-04-29_WhatswithJPMorgananditsmassivesilverhoard.html iehi-feed-56601 Wed, 29 Apr 2015 19:16:12 GMT Does Any Nation Hold The Gold It Says It Does? - Lawrence Williams http://implode-explode.com/viewnews/2015-04-29_DoesAnyNationHoldTheGoldItSaysItDoesLawrenceWilliams.html iehi-feed-56600 Wed, 29 Apr 2015 14:30:40 GMT Japan Retail Sales Plunge Most Ever On Base Effect, Widespread Economic Weakness http://implode-explode.com/viewnews/2015-04-29_JapanRetailSalesPlungeMostEverOnBaseEffectWidespreadEconomicWeak.html iehi-feed-56598 Tue, 28 Apr 2015 15:21:00 GMT U.S. Consumer Confidence Unexpectedly Hits a Four-Month Low http://implode-explode.com/viewnews/2015-04-28_USConsumerConfidenceUnexpectedlyHitsaFourMonthLow.html iehi-feed-56596 Tue, 28 Apr 2015 13:26:01 GMT Shanghai equities roar as China floats QE-lite http://implode-explode.com/viewnews/2015-04-28_ShanghaiequitiesroarasChinafloatsQElite.html iehi-feed-56595 Tue, 28 Apr 2015 13:24:16 GMT Strong US dollar erodes $20bn revenue from biggest corporations http://implode-explode.com/viewnews/2015-04-28_StrongUSdollarerodes20bnrevenuefrombiggestcorporations.html iehi-feed-56593 Tue, 28 Apr 2015 13:20:26 GMT Correction ahead? Investors exit stocks despite new records http://implode-explode.com/viewnews/2015-04-28_CorrectionaheadInvestorsexitstocksdespitenewrecords.html