Links December 14

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North America:

  • Fed to buy more bonds, so why is there a sell-off? Pragmatic Capitalism and why is gold falling?
  • The US Police State continues to grow: massive database to be created of all US citizens WSJ Its just a piece of paper that silly old Constitution thingy
  • Finally, some good news – President Elizabeth Warren in 2016 to succeed Obama? The Globalist now there’s someone worth voting for!

Europe:

  • Sweden’s hostility to euro project hits record Naked Capitalism urge to leave rising…rising..falling..rising!!
  • Unemployment rate in Greece rises to nearly 25% VantageFX see, austerity works…
  • Krugman questions Estonia’s “success” with austerity BeyondBrics
  • Little credit impact from Italian political shitstorm: Moodys Reuters oh really?
  • EU to make ECB the banking regulator Business Insider in other news, wolf to run pigpen.

Asia:

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  • Japan scrambles fighters as China flexes muscles Channel News Asia – this won’t be the last time
  • Beijing home sales grow 50% this year Xinhua News
  • Hong Kong to raise minimum wage by 7% to combat house price inflation Bloomberg

Local:

  • Megabank to suck up even more of your super AFR let mediocrity reign! Huzzah!
  • Treasury: China will save us – the train will keep going! Dad’s Army yes, but as the caboose we could swing off the tracks
  • High AUD has little effect…except on retailers, manufacturers, building materials, steelmakers, healthcare AFR you know, like the economy…
  • The nanny’s say you have to pass an exam to make sure you don’t make investing mistakes: ASIC AFR what’s next, you need a DFP to buy shares?

Other:

  • The alcohol family tree – interesting Pop ChartLab
  • In other words, time for a drink – its holiday time – The Prince will see you all in 2013!