Links 23 October 2013

Global Macro:

• Alan Greenspan: ’ The system is broken’ – CNBC
• Treasuries have turned anything but risk-free – Financial Times
• Ex-IMF expert: Central bank stimulus risking asset bubbles – The AFR

North America:

• For First Time, Americans Favor Legalizing Marijuana – gallup
• Fed Doves Need to Think Big – Bloomberg
• Inside The Key Meeting That Led To GOP Collapse – Huffington Post
• The US jobs report for September in two simple charts – Quartz
• The jobs report was totally blech. And it may get worse – Washington Post
• US jobless rate ’little changed’ at 7.2% as recovery stays on sluggish pace – The Guardian
• The Employment Rate Remains Stuck – New York Times
• Jobs Report Keeps Fed on Hold for Now – Wall Street Journal
• How Wall Street Fed Puerto Rico’s $70 Billion Borrowing Binge – Bloomberg

Europe:

• The mystery of EU economic study criticising Berlin – Financial Times
• Draghi: ’please don’t destroy Europe’s banks yet again’ – The Telegraph
• A new test for the single currency – The Economist
• Europe Breakup Forces Mount as Union Relevance Fades – Bloomberg

Asia:

• Survivor of 150 Years of Turmoil Faces Abenomics Burial – Bloomberg
• American Debt, Chinese Anxiety, Elaborated – Econbrowser
• ANZ: China’s rebound looks unsustainable – Financial Times

Local:

• Business fix for Federal Budget – The AFR
• Future uncertain for SMSF investors – The AFR
• Cabinet gives green light for new trade deal offers – The AFR
• NSW planning reforms wound back over foot stamping – The AFR
• Sell public assets to fund infrastructure – The AFR
• Medibank sale the first Budget fix – The Australian
• Hockey eyes state-federal re-write – The Australian
• Miners plan $10 billion investment boost for iron ore – The Australian
• Hockey will blame Budget on predecessor – The Age
• Days of skimming cash off Australia’s poorest must end – The Age
• More mining services jobs at risk – The Age
• A triple threat for retiree super – Business Spectator
• Business beware of China’s FTA tripwires – Business Spectator

Other:

• Startup to sell balloon trips to edge of space – Wall Street Journal
• How the Internet is Changing What Economists Do – Economists’ View