Links 18 September 2013

Global Macro / Markets:

• We still live in Lehman’s shadow – Financial Times

North America:

• Janet Yellen’s Not So Progressive Past – Huffington Post
• The typical American family makes less than it did in 1989 – Washington Post
• Income, Poverty and Health Insurance Coverage in the United States: 2012 – Census.gov
• NAHB: Builder Confidence unchanged in September at 58 – Calculated Risk
• The Deficit Is Plunging! And Nobody Cares! – The Atlantic
• Martin Feldstein: How to Create a Real Economic Stimulus – Wall Street Journal
• Less Tapering Becomes Tightening Credit No Matter What Fed Says – Bloomberg
• Who is Janet Yellen? – Wall Street Journal
• Tapering threatens a stormy outlook for America – Financial Times

Europe:

• Ambrose Evans-Pritchard: My grovelling apology to Herr Schäuble – The Telegraph
• The Landesbanken: Inside Germany’s trillion euro banking blind spot – Reuters
• European car sales slump to record low – theguardian.com
• A New Greek Test for Europe by Ashoka Mody – Project Syndicate

Asia:

• Why China is making a big play to control Africa’s media – Globe & Mail
• China Reins in Popular Voices With New Microblog Controls – Bloomberg
• China must crack down on critical online speech: party journal – Reuters
• No Confidence in China Markets Inflates Housing Bubble – Bloomberg
• Are Chinese companies sitting on the next debt crisis? – chinaeconomicreview.com
• Japanese Ask, What’s Wrong With a Little Deflation? – Bloomberg
• PM Abe Turns Pitchman, Says Japan Is Now A Buy – Japan Real Time – Wall Street Journal

Local:

• Mementum builds for home loan limits – The AFR
• Editorial: Keeping a lid on house prices – The AFR
• Lending restrictions would hurt first home buyers – The AFR
• Retailers in search of “silver bullet” – The AFR
• Lew calls for urgent rate cut – The Australian ; The Age
• Use it or lose it, miners warned – The Australian
• RBA “watchful” as housing heats-up – The Australian

Other:

• Migration and wage effects of taxing top earners – VOX