Links 21 March 2013

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Global Macro/Markets:

  • Banking on banks is a risky investment strategy – The Australian
  • Rich nations should let inflation rise -World Bank economist – Reuters

North America:

  • US unemployment hits a four year low – Roger Montgomery
  • 6 Immigration Reform Ideas That Would Actually Work – Forbes
  • Medicare Cost Slowdown Could Close U.S. Budget Gap – Bloomberg
  • Oil Sands Show Obama’s Policy-Making at Its Worst – oilprice.com
  • Survey: Americans still doubtful about stock market, economy – CNNMoney

Europe:

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  • A Cypriot game of chicken – FT Alphaville
  • Cyprus No to Bailout Deal Is a Danger to the Euro Zone – Der Spiegel
  • UK Budget 2013: The 13 charts you need to know – The Economist
  • Cameron Evokes Black Wednesday as Pound Weakens 7%: U.K. Credit – Bloomberg
  • The UK is in dire need of a meaningful plan for growth  – lse.ac.uk
  • UK air pollution: why are we only now waking up to this public health crisis? – The Guardian. Another victim of urban consolidation policies?

Asia:

  • South Korea flirts again with Tobin tax – Financial Times
  • The Reserve Bank of India has eased rates for the second time this year. Will strong growth return? – The Diplomat
  • China reforms: and the beat goes on – Financial Times

Local:

Other:

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  • How Globalization Went Pop and What It Means for Workers – The Atlantic
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.