Links 10 March 2014

Global Macro / Markets:

• George Soros blasts ’parasite’ banks – The Telegraph
• Banks are a proxy for credit bubble fears – Financial Times
• EM’s dark debt squeeze exposure – Financial Times
• Emerging World Poses More Danger Than in 1990s – Bloomberg
• How to Avoid Another Global Financial Crisis – American.com

North America:

• Is Rising Housing Wealth Great News for Spending? – HouseofDebt.Org
• The Great Housing Hangover – HouseofDebt.Org
• We knew this day would co… wait never mind the day hasn’t come yet – Financial Times
• Tapering is Sooo 2013 – Economist’s View
• Fed officials see high hurdle for changing course on QE taper – Reuters
• As Job Creation Increases in February, Economists See Signs of a Spring Thaw – New York Times
• Upward Grind in Labor Markets Continues – Economist’s View
• $80.7 trillion—Americans’ record wealth – Wall Street Journal
• America’s Long and Productive History of Class Warfare – HBR
• Individuals flee shrinking U.S. municipal bond market – Reuters
• Fed may fall ’behind the curve’ if GDP keeps growing: Plosser – Reuters

Europe:

• London’s Laundry Business – New York Times
• George Soros: Germany is “self-righteous” and “hypocritical” – The Telegraph
• Brussels plans fresh rules on executive pay – Financial Times

Asia:

• Japan’s government officially says bitcoin not a currency – Wall Street Journal
• Japan to class Bitcoin as a commodity – Financial Times
• China Feb. Exports Unexpectedly Fall 18.1%, Imports Rise 10.1% – Bloomberg
• China’s credit markets under pressure – Sober Look
• China draws ’red line’ on North Korea, says won’t allow war on peninsula – Reuters

Local:

• Voodoo mix of left and right – The AFR
• Turnbull sympathetic on lifting media ownership laws – The AFR
• No-win supermarket “space race” looming – The AFR
• The trouble with being a landlord – The AFR
• Business now knows no handouts – The Australian
• Mining tax not born to run – The Australian
• RBA senses we’ve turned the corner – The Australian
• FoFA rollback danger to savings – The Age
• Can we arrest childcare slippery slide? – The Age
• Rebalancing act begins to pay-off – The Age
• Sex, drugs and the WA poll – Business Spectator
• Future challenges will shake the RBA comfort zone – Business Spectator
• Abbott ducks seniors health card questions – The Guardian
• Car collapse may cost 39,000 jobs – The Guardian

Other:

• Let’s have some real-time economics – Financial Times
• The future of TV is coming into focus, and looks pretty great – Quartz