I am running for Mayor to bring 50,000 jobs to Greensboro and Guilford County over the next 10 years. I want my kids to be able to live and work around Greensboro after they graduate college. The status quo is currently an impediment to the chances of my being able to watch my grandkids grow up close by. We cannot bring in good paying jobs with an uneven playing field for businesses looking to relocate or expand. I believe we don't have a level playing field, which means some of our city's leaders have acted in the name of our community, while favoring a select few in an ethically inappropriate manner.

10/18/12

Spanish Bad Loans: "equivalent to roughly $2.7 trillion in US bank loans going sour"

http://www.zerohedge.com/news/2012-10-18/chart-day-spanish-bad-loans-hit-new-parabolic-record

Last month...Spanish bad loans jumped by the most ever, rising by over 1% to just under 10%.  Today, last month's number was revised even higher to 10.1%.  But the worst news is that the August bad loan total just hit a fresh record of €178.6 billion, or 10.5% of the total €1,698.7 billion in bank loans.  Making things worse is that the primary bank funding lifeline - deposits - continues to flow out.  ...Indicatively, as a % of GDP, this would be equivalent to roughly $2.7 trillion in US bank loans going sour...  
Tyler
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