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:
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- 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:
- 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?
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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:
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- Australia projects fall in iron ore price – Financial Times
- Phil and Amity win the Block – Property Observer. The lighthouse guided her.
- Queensland hammers down on
construction unions – Business Spectator - Australia eyes simpler rules to feed retail bond growth – Reuters
Other:
- How Globalization Went Pop and What It Means for Workers – The Atlantic
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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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