The Daily Debt Rattle

Submitted by Raúl Ilargi Meijer  –  The Automatic Earth

• Stephen Roach: China Is The Biggest Commodities Story Since WWII (BBG)
• Fitch Warns Of Effects Of Sharp China Slowdown (CNBC)
• Rio Tinto CEO Says Iron Ore Rivals ‘Hanging on by Their Fingernails’ (BBG)
• Miners Shoveling Furiously Prop Up Aussie GDP as Iron Ore Melts (BBG)
• US Natural-Gas Prices Plunge Toward A 14-Year Low (MarketWatch)
• Never Mind $35, The World’s Cheapest Oil Is Already Close to $20 (BBG)
• Junk Rated Stocks Flashing Same Signal as High-Yield Bond Market (BBG)
• Big Banks In Europe And US Announced 100,000 New Job Cuts This Year (FT)
• Yahoo Told: Cut 9,000 Of Your 10,700 Staff (AP)
• Economic Pain In US Heartland As Likely Fed Hike Nears (Reuters)
• The Mystery of Missing Inflation Weighs on Fed Rate Move (WSJ)
• Are Negative Rates Fueling Deflation? (Martin Armstrong)
• Fedpocalypse Now? (Jim Kunstler)
• Throwing Out Granny: Abe Wants Elderly Japanese To Move To Countryside (BBG)
• Absolute Good -Us- vs Absolute Evil -Them- (Crooke)
• EU To Offer Turkey No Guarantee On Taking In Refugees (Reuters)
• Where The Dream Of Europe Ends (Gill)
• EU Backs Housing Scheme For Migrants And Refugees In Greece (AP)
• Three Of Six Missing Migrants Confirmed Drowned (Kath.)