betekenis van het woord REM

VS boekt 2-maandelijkssurplus - staatsschuld boekt er $137 miljard bij

Moments ago, and a few hours ahead of the president's State of the Union speech, the FMS announced (with a 20 minutes early leak), that in January the deficit of the US government was in fact a surplus of some $2.883 billion, better than the expected $2 billion deficit. This was the first January surplus since 2008, and was an improvement on the already impressive $1.191 billion deficit from December, which in turn brings the total fiscal year to date deficit to $290 billion. On the surface this would be great news as it indicates that tax hikes are having an impact on the US budget surplus, but of course, a quick glance below the surface REMinds us that January was the month during which the Treasury was forced to raid the various government retiREMent funds to fund operations, and otherwise operate under the debt ceiling, which was only hiked in the last days of the month. And another glance indicates something fishier: while December and January combined resulted in a surplus of some $1.7 billion on the book, a quick glance at the total US debt over the period, shows an increase of some $137 billion in the same time period (or at least through February 4, when the accurate debt picture was once again revealed). In other words, while the US government was arguably generating funds from operations over the past two months and thus did not need a single penny in outside funding, debt soared.

Chris Duane verklaart de stijging in zilverpREMies

Chris Duane verklaart in onderstaande video de 3 grote stijgingen in pREMies op fysiek zilver, hun oorzaken en de gevolgen voor de zilverprijs. Er is een groot verschil tussen fysiek zilver en papieren zilver. De pREMies op fysiek zilver kunnen aangeven in welke mate de bezitters van fysiek zilver bereid zijn te verkopen bovenop de papieren zilverprijs.

Federal Reserve pompt geld naar Europese banken: $237 miljard

Last weekend Zero Hedge once again broke the news that just like back in June 2011, when as part of the launch of QE2 we demonstrated that all the incREMental cash resulting form the $600 billion surge in the Fed's excess reserves, had gone not to domestically-chartered US banks, but to subsidiaries of foreign banks operating on US soil. To be sure, various other secondary outlets picked up on the story without proper attribution, most notably the WSJ, which cited a Stone McCarthy report adding the caveat that "interpreting the data released by the Federal Reserve is a bit challenging" and also adding the usual incorrect attempts at interpretation for why this is happening. To the contrary: interpreting the data is quite simple, which is why we made an explicit prediction: 'We urge readers to check the weekly status of the H.8 when it comes out every Friday night, and specifically line item 25 on page 18, as we have a sinking feeling that as the Fed creates $85 billion in reserves every month... it will do just one thing: hand the cash right over straight to still hopelessly insolvent European banks." So with Friday having come and gone, we did just the check we suggested. As the chart below shows, we were right.

Welke zijn de twee meest angstaanjagende woorden in Europa?

Wie weet het antwoord op deze vraag? We geven nog een extra tip: ze noemen hem ook de Bunga Bunga. Voor alle duidelijkheid: de man die met deze sexparty’s moet worden gelinkt is uiteraard Silvio Berlusconi (twee woorden; voor- en achternaam), de ex-pREMier van Italië en een man die zich op zijn come-back aan het voorbereiden is.

Schulz:

Dit is de meest achterwaartse meerjarenbegroting in de geschiedenis van de Unie

Dit is de meest achterwaartse meerjarenbegroting in de geschiedenis van de Unie

Europa stevent af op een 'fiscal cliff' zoals de Verenigde Staten die eind vorig jaar in extREMis vermeden heeft. Daarvoor heeft Europees Parlementsvoorzitter Martin Schulz de staatshoofden en regeringsleiders gewaarschuwd bij de start van de onderhandelingen over de inkomsten en uitgaven van de Europese Unie tot 2020. De Europese top over de meerjarenbegroting 2014-2020 ging pas rond kwart voor negen van start. De leiders liepen zo meer dan vijf uur achter op schema. Voorzitter Herman Van Rompuy hield alvast zijn compromisvoorstel achter de hand.