Beware Hidden Costs as Banks Eye ‘Grexit’

Families in Britain are under a lot of stress caused by the hidden costs of schooling such as school uniforms, meals, school trips and supplies that push the bill up making it more difficult for financially-burdened families to continue their children's education. 

The cost of running the Canada Pension Plan is three times higher than figures released by its investment board suggest, according to a report by the Fraser Institute. Released Tuesday, the report comes at a time of speculation on the adequacy of mandatory-contribution pension plans, as the Ontario government recently announced plans to roll out its own province-wide plan. But as the Fraser Institute’s report reveals, the costs associated with such plans can prove difficult to pinpoint.

As the Fed gets ready to taper ‘QE’, UBS' Larry Hatheway warns investors to brace for a period of increased international policy tension. Previously harmonized - but not coordinated - monetary policy stances will give way to conflicting objectives and new strains as adverse ‘spillovers’ occur. As Hatheway notes, we are about to rediscover several inconvenient truths. First, the Fed is the US, not the world’s, central bank.

A small California park got destroyed after hundreds of people chaotically swarmed it to search for hidden cash Thursday night. 

There are plenty of unadvertised or "hidden" jobs out there, but discovering them takes a little bit of luck and a lot of smart discovery tactics.   Fred Coon, an author, licensed employment agent, and CEO of Stewart, Cooper & Coon, says experts estimate that between 80% and 85% of all jobs openings are unlisted. 

Heading into 2014, Michael Pettis at China Financial Markets remains adamant that growth estimates for China are too high and that rebalancing (while necessary), implies lower growth than most expect. Via email ...

Via Google Translate from Spanish, GurusBlog asks and answers the question Is France the zombie hidden in Europe?