Links 18 February 2013

Advertisement

Here’s a list of things Reynard read over night.

Global Macro/Markets:

  • Austerity doesn’t work when everyone does it at the same time – Paul Krugman
  • Swan calls for debt-led recovery at G-20 – The Australian
  • Pursuing growth: Enough on its own? – oecdinsights.org
  • With the world watching, Bernanke gives a go-ahead to the currency war – Sober Look
  • Group of 20 Pledges to Let Markets Set Currency Values – New York Times
  • G20 defuses talk of currency war, no accord on debt – Reuters
  • What QE means for the world: Positive-sum currency wars – The Economist
  • Q4 2012 Has Strongest Earnings Beat Rate in Two Years – The Reformed Broker
  • Investing in a Low-Growth World – The Big Picture

North America:

  • ‘Correction’ in Canadian housing market to last two more years, Mark Carney says – The Globe & Mail
  • Carney warns of retirement risks from inflated Canadian housing prices – CTV News
  • Carney dismisses concern about inflation expectations – Reuters
  • Fiscal trouble ahead for most future retirees – Washington Post
  • A History Lesson From 2006 and 2007 – capitalobserver.com
  • Immigration-reform effort gives hope but be a little skeptical – seattletimes.com
  • Leaked White House Immigration Bill Puts Pressure on Senate – ABC News – go.com

Europe:

Advertisement

Asia:

  • China’s gold consumption up 9.35 pct in 2012 – Global Times
  • NY Times: China’s heedless over-investment goes global – New York Times
  • North Korea tells China it plans one or two more nuke tests this year – Reuters
  • China faces culture of corruption – Financial Times
  • How Did Japan Curb Pollution Without Sacrificing Growth? – New York Times
  • In China, Families Bet It All on a Child in College – New York Times
  • In Korea, Changes in Society and Family Dynamics Drive Rise in Elderly Suicides – New York Times

Local:

  • Generation rent says bye bye to buying a home – The Telegraph
  • Labor’s vote plunges – The Age
  • Richest companies to lose R&D tax incentives – The Age 
  • Costs soar for reinsurers – The Age
  • Abbott must share blame for mining tax stuff up – The Age
  • Blowing a black hole in the budget – The Australian
  • Food bowl plan draws support – The Australian
  • Profits mask lurking bank risks – The AFR

Other:

Advertisement
About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.