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AutomaticEarth<>Debt Rattle August 1 2015

Posted by Raúl Ilargi Meijer at 11:22 am



Harris&Ewing “Congressional baseball game. President and Mrs. Wilson.” 1917

• Coal Mine Worth $624 Million Three Years Ago Sold for $1 (Bloomberg)


• Carlyle Fund Walloped in Commodities Rout (WSJ)

• Raoul Pal, Who Called Dollar Rally, Sees -German- Catastrophe Ahead (CNBC)

• Why 99% Of Trading, Worth $32 Trillion, Is Pointless (MarketWatch)

• OPEC Shale War Leaves Big Oil Companies as Surprise Victims (Bloomberg)

• Who Really Benefits From Bailouts? (Ritholtz)

• The Euro, Like The Gold Standard, Is Doomed To Fail (Ann Pettifor)

• Tsipras Survives for Now as Party Rebels Blast Greece Rescue (Bloomberg)
• Greek PM Defends Varoufakis and Controversial ‘Plan B’ (Reuters)

• Alexis Tsipras: I Ordered Varoufakis To ‘Defend Greece’ (Telegraph)

• Greek Stock Market To Reopen Monday, With Restrictions (CNN)

• Greek Bailout Is Far From Being A Done Deal (Andrew Lilico)

• Unaccompanied Refugee Minors Find A Home Away From Home in Athens (Kath.)

• Prosecutor Summons Ex-PM Samaras’ Aide Over €5.5million HSCB Bank Account (KTG)

• Italian Youth Unemployment Rises to its Highest Level Ever (Bloomberg)

• People Smuggling: How It Works, Who Benefits, How It Can Be Stopped (Guardian)

• David Cameron To Send Dogs And Fences To Quell Calais Migrant Crisis (Guardian)

• We Can’t Stop The Flow Of Migrants To Europe, Only Rehouse Them (Guardian)

• As World Mourned Cecil The Lion, 5 Endangered Elephants Slain in Kenya (WaPo)

• Climate Models Are Even More Accurate Than You Thought (Guardian)

“Alpha Natural Resources Inc., the biggest U.S. producer, plans to file for bankruptcy protection in Virginia as soon as Monday [..] It was valued at $7.3 billion in 2008.”

Link out or Read Briefs @ http://www.theautomaticearth.com/2015/08/debt-rattle-august-1-2015/