Links for Friday December 7

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Global Macro:

North America:

  • The worry about inflation in USA Pragmatic Capitalism
  • Weekly unemployment claims fall Calculated Risk
  • Apple moving production back to US BBC while stock continues to plummet
  • Fed to keep up bond buying into 2013 Reuters
  • Prof Steve Keen briefs US Congress on US Fiscal Cliff repeat of 1937 Youtube

Europe:

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  • ECB leaves rates at 0.75% but discusses rate cuts, says 2013 to be “bleak” Reuters
  • Market reaction not kind Business Insider
  • Europes scariest chart updated Zero Hedge shocking

Asia:

  • Japan’s demographic nightmare rolls on The Diplomat
  • Mongolia finds China too close for comfort ABC News

Local:

  • Fed Govt to ditch surplus on weakening economy? AFR
  • Workers putting less into super voluntarily The Cupboard – disposable income is falling and will continue to fall
  • SMSF alert on property Fairfax
  • CSL may move manufacturing offshore AFR its game over man, game over!