Just 4 purchases enough to ID you, despite anonymized credit card data -01.30.15
Anonymized credit card data – only locations and times of purchases made – are enough to identify a person, a new MIT study shows. Shopping habits are so unique, that knowledge of only four...
View ArticleChina outstrips US foreign investment in 2014 – 01.30.15
More foreign direct investment flowed into China than the US in 2014, bumping the US off the top spot for investment in the world, a position it has held since 2003. China attracted $127.6 billion in...
View ArticleGreece won’t cooperate with ‘troika,’ rejects aid extension – 01.30.15
The new left-wing Greek government has said that it will not cooperate with the ‘troika’ of international lenders, and does not plan to seek an extension for its aid package which is set to expire at...
View ArticleGreeks Turn to Gold on Bank Bail-in and Drachma Risks – 01.31.15
The Greek stock market is down over 36% year to date; the risk of global contagion in the event of a Greek exit is very real. Ordinarily such a crisis would require a massive coordinated effort from...
View ArticleECB Threatens Athens With Bank Funding Cutoff If No Deal In One Month:...
As Deutsche Bank’s George Saravelos politely puts it, “Developments since the Greek election on Sunday have moved very fast.” And indeed, so far the new Tsipras cabinet, and here we focus on the words...
View ArticleThe Coming Great Economic Collapse – 01.30.15
The signs of the times are everywhere – all you have to do is open up your eyes and look at them. When a pregnant woman first goes into labor, the birth pangs are usually fairly moderate and are not …...
View ArticleThe Fed Has Boxed Itself Into A Corner – 01.29.15
Following the ECB meeting last week, news headlines summarized the initial market response with titles such as, ‘Markets rally as ECB bond buying plan exceeds all expectations’. Such characterization...
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