Links 21 March 2014

Global Macro / Markets:

• Shiller: The Global Economy’s Tale Risks – Project Syndicate
  

North America:

• What does Yellen’s “around six months” mean? – Calculated Risk
• Yellen and the Fed Go Dark – Bloomberg
• Janet Yellen is the Wolf of Main Street – The Guardian

Europe:

• Slack and the labour market – Bank of England
• Ukraine’s PM warns over Russian plans in Ukraine and region – Reuters
• UK Budget 2014: A watershed moment for pensions and savings – Financial Times
• EU reaches deal on final piece of banking union – Financial Times

Asia:

• Time for Chinese media to come of age – China Daily
• As credit tightens at home, Chinese sell Hong Kong luxury real estate – Reuters
• A Chinese housing market crash could be even more disastrous than America’s – Quartz
• HORRORS OF NORTH KOREA: Thought control dictates every moment of life – Asahi.com

Local:

• Bizarre state-to-state welfare system is anti-competitive – The AFR
• Parkinson: Claims Treasury “naive” hard to justify – The AFR
• Treasury: “We can only do so much with less” – The Australian
• Treasury to axe 1 of 3 positions – Canberra Times
• Best of British luck for Hockey – The Australian
• No need to fear gas supply cliff – Canberra Times
• A cost of living crisis? Tell’em they’re dreaming – Business Spectator