Links 19 March 2013

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Global Macro/Markets:

North America:

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  • GOP Issues Scathing Self-Analysis – Wall Street Journal
  • Future of the Housing Market Is ‘A Great Unknown’: Robert Shiller – Yahoo
  • Moody’s: US non-financial cash pile finished 2012 at $1.45 trillion – FT Alphaville
  • No State had double digit unemployment in January 2013 – Calculated Risk
  • America: The Next Energy Superpower? – The Diplomat

Europe:

  • Outcry over Cyprus bailout taxing bank accounts – Der Spiegel
  • Majority Of Cypriot Parties Refuse To Support Deposit-Loss Law – ZeroHedge
  • Everything you need to know about the Cyprus bailout, in one FAQ – Washington Post
  • Insight: How Europe stumbled into scheme to punish Cyprus savers – Reuters
  • S&P warns of socially explosive situation in euro zone – Reuters
  • Euro zone crisis bringing Germany big savings – Reuters
  • Fall in manufacturing fans UK triple-dip recession fears – Reuters
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Asia:

Local:

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  • Matthew Guy has been dubbed ‘Mr Skyscraper’ after approving 20 high rises – The Age
  • RioTinto to cut 100 coal jobs – Business Spectator
  • Carbon tax repeal draws fire – The AFR
  • Books are being cooked on 457 visas – The Age

Other:

  • The Economic Case for Rail Subsidies – Eric Jaffe – The Atlantic Cities
  • A Decade of War in Iraq: The Images That Moved Them Most – Time
  • LNG potential as transport fuel explored – Financial Times
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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.
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