Links 18 November 2013

Global Macro / Markets:

• Billionaire Paulson Sticks With Gold Wager as Prices Rebound – Bloomberg
• Secular Stagnation, Coalmines, Bubbles, and Larry Summers – New York Times
• Around the World, Inflation Is Falling to Levels Not Seen for Years – New York Times

The Americas:

• Forecasting Implications of the Recent Decline in Inflation – Cleveland Fed
• Are There Cockroaches Under Tesla’s Hood? – Bloomberg
• Argentina’s central bank is losing more than $1 billion a month – Quartz
• Larry Summers just confirmed that he is still a heavyweight on economic policy – Quartz
• Crash: The Decline of U.S. Driving in 6 Charts – The Atlantic
• The great US deleveraging may have just ended – Quartz
• The Yellen Doctrine: Robust Growth Is the Priority, but Bubbles Matter – New Yorker

Europe:

• Cyprus to fully lift capital controls within months – Reuters
• Ireland Is to Exit Its Bailout, and Without a Safety Net – New York Times
• Greek finance minister: No more austerity, it’s dangerous – CNBC
• Europe’s Remarkable Achievement – New York Times

Asia:

• China to abolish labor camps, ease 1-child policy – ap.org
• Xi, in ’Godfather’ Mold, Looks Assertive and Even Imperial – New York Times
• China to ease foreign investment rules – The AFR
• China to relax one child policy – The AFR
• Chinese reforms will be popular, but challenges remain – The Guardian

Local:

• GM snub to federal industry minister – The AFR
• FBT reform is done for, but the irony goes on – The AFR
• Not with my super you don’t – The Australian
• Seismic shift looms for banks – The Australian
• End of road not far away for car makers – The Australian
• Holden workers to drill politicians – The Age
• Housing dream that’s a nightmare to fund – The Age
• Joe Hockey goes a step too far – The SMH
• A Gaelic debt lesson for Hockey – Business Spectator
• Garnaut calls for end to complacency – The Guardian
• The real drag on the economy: the high AUD – The Guardian