The Daily Debt Rattle

Submitted by Raúl Ilargi Meijer  –  The Automatic Earth

 

• The $400 Billion Ripoff That Could Destroy The Greek Bailout (CNBC)
• Good News, Holiday Shoppers: Retailers Are Desperate (MarketWatch)
• China’s Stocks Sink Most in Three Months as Broker Probes Widen (Bloomberg)
• China October Industrial Profits Fall For Fifth Straight Month (Reuters)
• China’s Stock-Market Regulator is Investigating Citic Securities (WSJ)
• Japan Spending Slumps Even As Unemployment Hits 20-Year Low (Reuters)
• Japan Prime Minister Debuts New Social Programs to Help Economy (WSJ)
• Japan’s Debt Trap Won’t Fix Itself (Bloomberg)
• Bad Saudi PR Fuels Riyal Devaluation Talk (Reuters)
• EU Warns 12 Eurozone Nations Including Germany Over Imbalances (Bloomberg)
• Portugal’s Anti-Austerity Left Take Power In Watershed Moment For Euro (AEP)
• VW’s Emissions Scandal Exposes Far Deeper Problems In Europe (Bloomberg)
• ‘Classic Ponzi Scheme’: Sydney House Prices Are 12 Times The Annual Income (SMH)
• Biggest Overhaul Of Chinese Armed Forces In Six Decades (Bloomberg)
• Hollande, Putin Propose Closing Turkey-Syria Border (AFP)
• Russia Raiding Turkish Firms And Sending Imports Back (Al Jazeera)
• Turkish Journalists Charged Over Claim Secret Services Armed Syrian Rebels (AFP)
• Refugee Influx Threatens Fall Of EU, Warns Dutch PM (FT)
• After Uproar, German Town Warms To Refugees Who Took Over Church (Reuters)
• Stranded Migrants Try To Storm Into Macedonia, Tear Down Fence (Reuters)