Economics has few laws, which is why economic forecasts are so maddeningly unreliable. If it has one law, it is this: that if you fix together some things which naturally vary, such as interest rates and exchange rates, other things, such as unemployment and wages, will vary more instead. And in a single currency zone, which has exactly this effect, you can only get round these problems by paying big subsidies to poorly performing areas, and expecting workers to move in large numbers to better performing ones.

This is what happens in the United States, or indeed within the United Kingdom. In general it works. In the Eurozone it does not work, because either Greeks have to cure their poor economic performance or Germans have to pay them big subsidies forever, and neither are willing or able to do so. This, in a sentence, is the problem of the Eurozone, and continued denial of it will only make that problem worse.
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IF WE DON’T WANT TO SUPPORT THIS . . .

Woman Is Publicly Beheaded in Saudi Arabia’s Tenth Execution of 2015
Gruesome footage circulating on social media shows Saudi authorities publicly beheading a woman in the holy city of Mecca earlier this week. The execution is the tenth to be carried out in the country in the last two weeks; setting 2015 up to be even more bloody than last year, when 87 people were punitively killed by the state. –more–

WE COULD USE THIS…

United States Geological Survey Oil Assessment
USGS Releases Updated Bakken and New Three Forks Oil and Gas Assessment
Using a geology-based assessment methodology, the USGS estimated mean undiscovered volumes of 7.4 billion barrels of oil, 6.7 trillion cubic feet of natural gas, and 0.53 billion barrels of natural gas liquids in the Bakken and Three Forks Formations in the Williston Basin Province of Montana, North Dakota, and South Dakota. –more–

Watch it happen and read the Information

The Last Time
With K3

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Reminds me of Robert walking up the pathway to Small World.