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zero hedge | on a long enough timeline, the survival rate for everyone drops to zero
Submitted by Tyler Durden on 03/22/2012 - 18:39 Auto Sales CDS China Consumer Sentiment Crude David Rosenberg Global Economy Housing Starts Iran Israel Merrill Michigan NAHB NFIB Payroll Data Personal Income recovery Rosenberg University Of Michigan Back in early 2011, even as the global economy was at best flatlining, the one goalseeked explanation to justify a levitating stock market (which was rising solely due to the short-term effect of transitory QE2 liquidity), was soaring corporate profitability (which only lasted as long as companies could trim some residual SG&A fat; they have now cut into the bone in terms of layoffs).
Energy Bulletin
Why does Sennett, a professor both at New York University and the London School of Economics, see Britain, not America, as the new homeland for the social left? Ironically enough, he pointed to our language, much mocked by Americans for its stumbling timidity.
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