Links 14 March 2013

Advertisement

Global Macro/Markets:

  • Government Debt and Deficits Are Not the Problem. Private Debt Is – New Economic Perspectives
  • World shale production is potentially on a scale to change energy balance for the first time since 1970s – Business Spectator
  • ‘Capital’ requirements for banks. What’s the beef? Untangling the obfuscation of bankers – Prime Economics
  • Value investing returns to favour – Financial Times

North America:

  • The Fed’s balance sheet and an expert commentary problem – FT Alphaville
  • Why I’m more worried than Paul Krugman about the U.S. debt burden – Econbrowser
  • How to Fix America’s Wealth Inequality: Teach Americans to Be Cheap – The Atlantic

Europe:

Advertisement
  • In the UK, the old get richer, and the young get poorer – The Independent
  • The UK needs shock-and-awe tax cuts to avert a 1970s-style disaster – The Telegraph
  • Can banks be forced to lend more? – BBC News
  • UK in triple-dip recession? – The Telegraph
  • Britain’s perilous austerity bunker – Financial Times
  • Real Recovery in Spain is Still Far Away – Pragmatic Capital
  • Ireland wows market with bond comeback – Reuters
  • Euro-Region Industrial Output Drops as Slump Persists: Economy – Bloomberg
  • Italy’s companies face slow ‘death’ as credit crunch deepens – The Telegraph

Asia:

  • China’s Hot Real Estate Market Takes Broad Toll – NPR 
  • Japan’s employers, taking up the Abenomics cause – FT Alphaville
  • China needs ore futures market – The Australian

Local:

  • Could W.A. deliver the Coalition Senate control at this year’s federal election? – ABC News
  • Report finds Australian cities are facing a transport & obesity problem – ABC News. Rapid population growth and urban consolidation policies don’t exactly help!
  • Labour taps resentment on foreign work visas – The Age
  • Threat to LNG as Japan unlocks gas – The Australian

Other:

Advertisement
  • Auckland mayor does about turn on housing – NZ Herald
  • 32.7% of India’s population lives below the poverty line and India is home to one-third of the world’s poor – The Diplomat
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.