Links 8 October 2013

Global Macro / Markets:

• Here’s The Horrific Stock Market Crash We Could Witness If The US Government Misses An Interest Payment – Business Insider
  
• Warren Buffett’s haul from lending during financial crisis reaches $10 billion – Wall Street Journal
• Gold Befuddles Bernanke as Central Banks’ Losses at $545 Billion – Bloomberg

North America:

• Republicans Downplay ’Default’, Dismiss Debt Deadline – National Journal
• A U.S. Default Seen as Catastrophe Dwarfing Lehman’s Fall – Bloomberg
• Debt ceiling crisis would be a catastrophic success for GOP – aie-ideas.org
• Could a sharp market move get the debt ceiling raised? – CNBC
• Wall Street gets ready to trade defaulted US debt – CNBC

Europe:

• Interview With George Soros: ’Greece Can Never Pay Back Its Debt’ – Der Spiegel
• Angela Merkel’s Pyrrhic Victory by George Soros – Project Syndicate
• Eurostat / Regional Statistics Illustrated – European Union
• Paulson leads charge into Greek banks – Financial Times

Asia:

• China warns US ‘clock is ticking’ on shutdown – Financial Times
• Meet Liu He, Xi Jinping’s choice to fix a faltering Chinese economy – Wall Street Journal
• World Bank cuts China, East Asia growth forecasts – Reuters
• Malaysia in $37 billion Canadian LNG play – The Australian

Local:

• Australia welcomes Chinese investment: Abbott – The AFR
• Abbott backs preferential trade agreements – The AFR
• Victoria in position for Asian windfall – The Age
• Hockey’s nation building strategy – The AFR
• Australia must diversify economy – The Australian
• Subsidies, federation “stifle business” – The Australian