Good morning. Non-performing. That???s what I intend to be doing next week.

?????????????????? http://www.creditwritedowns.com/2012/08/breakdown-1-trillion-european-npls-by-country.html

??

Wondering why the German economy is cooling down? Oil measured in euro???s hitting a new high probably hasn???t helped???

?????????????????? http://soberlook.com/2012/08/crude-oil-denominated-in-euros-hits.html

??

Fascinating movie about the Fed???s ownership of the US debt market. Watch what happens from 2009 onwards???

?????????????????? http://www.zerohedge.com/news/behold-feds-takeover-bond-market

??

???which sort of raises the next question: to continue to QE or not to QE: some opposition in the ranks of the Fed

?????????????????? http://www.reuters.com/article/2012/08/16/us-usa-fed-plosser-idUSBRE87F1DN20120816

?????????????????? http://professional.wsj.com/article/SB10000872396390444233104577593333975725566.html

?????????????????? http://www.zerohedge.com/news/will-bernanke-bail-out-incompetent-congress-once-more

??

Many links about gold due to the latest gold report. Central banks are buying???

?????????????????? http://www.businessinsider.com/central-banks-gold-2012-8

???but India has turned out to be the big decliner as a gold buyer???

?????????????????? http://www.businessinsider.com/indian-gold-demand-falls-2012-8

??

I always believed the monsoon / inflation story, but ??? despite the red box ??? this chart sort of kills the whole idea for me

?????????????????? http://www.businessinsider.com/droughts-bad-for-us-catastrophic-for-india-2012-8

??

Some information on Municipal Bond Defaults by the New York Fed.

?????????????????? http://libertystreeteconomics.newyorkfed.org/2012/08/the-untold-story-of-municipal-bond-defaults.html

??

Budget ceilings and spending caps: the new trend for 2013 is being presented???

?????????????????? http://www.reuters.com/article/2012/08/17/us-japan-economy-budget-idUSBRE87G01R20120817

??

The life cycle of Financialization??? Sounds logical.

?????????????????? http://www.zerohedge.com/news/guest-post-financializations-self-destruct-sequence

??

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