Links 27 March 2013

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Global Macro/Markets:

North America:

  • U.S. Banks Bigger Than GDP as Accounting Rift Masks Risk – Bloomberg
  • The Shrinking Health Gap — The American Magazine
  • The Gloomsayers Should Look Up – New York Times
  • Fed’s Fisher: Economy starting to move, not accelerating – Reuters
  • Investors Pile Into Housing, This Time as Landlords – Yahoo! Finance
  • Why Has Crime Dropped Tremendously Over the Past Two Decades? – motherjones.com
  • A few comments on US New Home Sales – Calculated Risk
  • The US Housing Shadow Inventory Is Falling Fast – The Money Game
  • Real House Prices, Price-to-Rent Ratio, City Prices relative to 2000 – Calculated Risk
  • Canadian home buying intentions tank – RBC
  • Why pessimism over Canadian housing market is overdone – The Globe & Mail

Europe:

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  • Saving Cyprus Means Nobody Safe as Europe Breaks Taboo – Bloomberg
  • Bailout Strains European Ties – Wall Street Journal
  • Eurozone’s bully boys will come to regret penalising tiny Cyprus – The Telegraph
  • Strange death of a more liberal Britain – Financial Times
  • UK economic policy illogical, says Larry Summers – BBC
  • UK Help to Buy scheme could drive up house prices, says OBR – The Guardian

Asia:

  • The dangerous drift towards world war in Asia – The Telegraph
  • New BOJ Chief Kuroda Elaborates on Easing Plans – Wall Street Journal
  • China Finds Dead Ducks in Sichuan in Latest Environment Scare – Bloomberg
  • There are even more dead pigs in a Chinese river – grist.org
  • China’s route to ‘responsibility’ – Financial Times
  • China bank results: off the money – Financial Times
  • Asian economies: The fastest 30-year periods of average annual growth – The Economist

Local:

Other:

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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.