Links 16 December

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ScreenHunter_01 Apr. 02 06.19

Apologies for late links today!

Australia

Resources industry construction jobs to collapse (SMH/Age Pasometer)

A question for Joe Hockey: why? (Age – mentions Negative Gearing vis Manufacturing Euthenasia)

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Powering states to be one economy (SMH/Age Gitto)

Australians pay top dollar for overseas money transfers (SMH/Age)

Where the RBA’s US85¢ came from (AFR)

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The curious case of the never-ending deficit (AFR)

Australia ‘to be an energy superpower’ by mid 2017 (UK Telegraph – AEP goes hog wild on gas)

Europe 

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ECB battles Basel rules in war for SME finance

Putin the Perónist

Berlin Plays It Safe on Banking Union

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Welcome back to the eurozone nightmare

Putin Speech Hints at Big Problem

Dead cat bounce

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European Union inches towards ‘Banking Union’

North America

The True Cost of a Higher Minimum Wage

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Rethinking the Idea of a Basic Income for All

Ten Theses on Growth, Employment, and Inequality

Fed could set off year-end fireworks

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U.S. Charges Chinese Man With Conspiracy to Steal Secrets

The Federal Reserve’s balance sheet will hit a mind-boggling $4 trillion any day now

The Fed will look for add-ons to its taper trick (FT. El-Erian)

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Why stagnation might prove to be the new normal (FT. Summers)

Why the Federal Reserve must taper quantitative easing before Christmas

Asia

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How Li Qiang Cheers Zhejiang’s Private Spirit

Yi Gang: China’s Forward-Thinking Forex Chief

Chinese internet stocks propel US hedge fund to double-digit returns

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Economic growth to propel yuan’s rise next year

Asset bubbles loom over 2014

Sundries

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Gold Funds See Unprecedented 31% Slump With World Losing Faith

Structured credit: They’re back! Leveraged super seniors return

The Looming Lost Decade

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Bric nations’ promise as saviours of car industry wavers

Why Bitcoin Will Never Be a Currency—in 2 Charts

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