Links 22 May 2013

Advertisement
ScreenHunter_01 Apr. 02 06.19

Global Macro/Markets:

  • “The gold standard remains the best available monetary mechanism” – marketmonetarist.com
  • On Whose Research is the Case for Austerity Mistakenly Based? – harvard.edu
  • The “Austerity Myth”: Gain Without Pain? – repec.org
  • How bad could the crisis get? Lessons from Iceland – VOX
  • Instead of Low Rates, Let’s Have Bigger Deficits – Bloomberg
  • New Era for Global Bonds: Everything You Know Is Wrong – CFA Institute

North America:

  • Drop in U.S. underground water levels has accelerated -USGS – Reuters
  • The Unemployed Need Bold, Creative Moves from the Fed – The Fiscal Times
  • What’s Holding Back Hiring? – Wall Street Journal
  • More poor people now live in U.S. suburbs than cities – study – Reuters

Europe:

Advertisement
  • German Wages and Portuguese Competitiveness (A Bit Wonkish) – New York Times
  • EU draft bank rescue law would not shield big deposits – Reuters
  • Why I shifted sides in the UK’s civil war over Europe – Financial Times
  • Autobahn speed limit proposal revs up debate in Germany – Washington Post
  • The Great Gatsby’s world is every bit as unequal as Britain under the coalition – The Guardian
  • IMF Tells Central Europe to Spend More – Wall Street Journal

Asia:

  • China’s trade surplus massively over-inflated – Bloomberg
  • Kyle Bass bets on full-blown Japan crisis – Financial Times
  • Coming to terms with China’s growth prospects – Financial Times
  • Beijing property market a bit too hot for Nobel prize winner – Financial Times
  • Block Says China Banks’ Bad Loans Spread Beyond Government Debt – Bloomberg
  • Abe’s Resurgent Japan Hurt by Lack of Business Spending – Bloomberg
  • Japan and Abenomics: Once more with feeling – The Economist

Local:

Other:

Advertisement
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.