Links 13 March 2013

Advertisement

Global Macro/Markets:

  • Gold is the worst investment of 2013 – Quartz
  • Fiscal austerity is bad – there are no qualifications – Bill Mitchell

North America:

  • America’s fiscal drag – Economonitor
  • Paul Ryan: The GOP Plan to Balance the Budget by 2023 – Wall Street Journal
  • Prosecuting Big Banks Not Always the Best Choice – New York Times
  • Can the Fed Burst the Next Bubble Before It’s Too Late? – The Fiscal Times
  • We’re Betting Big on Residential Real Estate: Blackstone CEO – CNBC

Europe:

Advertisement
  • The great Portugese hollowing out – Economonitor
  • UK Funding For Lending to be put on steroids – Financial Times 
  • We saved the banks but risk losing a generation – Reuters
  • Rehn hits back at critics of EU austerity policies – Reuters
  • Britain’s perilous austerity bunker – Financial Times
  • Greece Faces 150,000 Job-Cut Hurdle to Aid Payment: Euro Credit – Bloomberg
  • On the Brink in Italy – New York Times

Asia:

Local:

  • Gillard takes aim at Libs in 457 Visa row – The Australian
  • Overseas student costs skyrocket – The Australian
  • Life under Tony Abbott – don’t panic – The Age
  • CBD retail landlords left reeling from tax rises – The Age
  • Coal seam gas the latest NIMBY – The AFR
  • Burke reforms over coal seam gas on wrong track – The AFR
  • Bond traders peel back their expectations over rate cuts – The AFR
  • Back to the future with Mark Latham – Matt Cowgill

Other:

Advertisement
  • Crude Sachsism: The Four Big Flaws in Progressive Attacks on Keynesianism – Next New Deal
  • Labour markets: The “quasi-structural” unemployment issue – The Economist
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.