Links 1 July 2013
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Global Macro:
- Tremors From the Fed’s Grand Experiment – CNBC
United States:
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- How Can America Become More Dynamic? – Forbes
- North Las Vegas sued over plan to seize home mortgages – reviewjournal.com
Europe:
- German politics puts sand in cogs of EU machine – Financial Times
- Former Anglo Irish Bank chief David Drumm apologizes on tapes, says inquiry needed on bank guarantee – irishcentral.com
- Britain must stay in EU – The Telegraph
- France to seek 14 billion euros in cuts next year: paper – Reuters
- George Osborne’s Help to Buy scheme ‘a moronic policy’ – The Guardian
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Asia:
- New threats to China’s property bubble – Sober Look
- Xi Says GDP Not Officials’ Sole Focus in Signal on Growth – Bloomberg
- Why China’s Economy May Be Heading for a Crash – CNBC
- China Foreign Debt Approaches $1 Trillion – Forbes
- Korea – Ageing Gangnam-Style – fungglobalinstitute.org
- Pollution-induced cancer on rise in China – Asia-pacific – aljazeera.com
Local:
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- Superannuation guarantee rises from today – The Advertiser. Prepare for less disposable income as employers adjust salary packages.
- It’s time for a population plan – Canberra Times
- Rudd’s triumph of style over substance – Business Spectator
- Australia vulnerable as China commodity boom unwinds – The Age
Other:
- Free exchange: Levying the land – The Economist
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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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