Links 15 March 2013

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Global Macro/Markets:

North America:

  • Population ageing hits US counties – Huffington Post
  • Only Wall Street Wins in Detroit Crisis Reaping $474 Million Fee – Bloomberg
  • Home Repossessions Drop 29% to Lowest in U.S. Since 2007 – Bloomberg
  • Former FDIC Chair: Don’t Call It A Housing Recovery Yet – NPR
  • Blackstone Said to Get $2.1 Billion Loan for Home Purchases – Bloomberg
  • The Almighty Dollar Is Back – Wall Street Journal
  • Iraq war costs U.S. more than $2 trillion: study – Reuters
  • Competitiveness in the United States: The America that works – The Economist
  • U.S. Birth Rates Remain Depressed – Wall Street Journal

Europe:

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Asia:

  • Cars in China: Still racing ahead – The Economist
  • China’s fixed asset investment in railways up 25.7 pct – xinhuanet.com
  • Chinese firm puts millions into U.S. natural gas stations – Reuters
  • China’s new president faces corruption battle – Financial Times
  • Five major Chinese government-controlled power companies were bailed out last year – Caixin
  • Japan set to join free trade bloc – The Australian

Local:

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.