There shouldn't be a Federal Reserve, but it exists, and it's constantly creating a world of economic pain.?
Authored by Kevin Muir via The Macro Tourist blog,
Authored by David Stockman via The Daily Reckoning,
Chinese police questioned 27 people, detained 12 and "severely" reprimanded 15, over the spreading of gossip about Linshang Bank - a lender with 61 billion yuan ($9.1 billion) in deposits - which caused a rare bank run in Eastern China.
Authored by Lance Roberts via RealInvestmentAdvice.com,
Authored by Raul Ilargi Meijer via The Automatic Earth blog,