Global Macro / Markets:
- Bank says money multiplier is wrong – should we be shocked? – Mainly Macro
North America:
- Is grad school to blame for student-loan crisis? – Marketwatch
- IRS Says It Will Treat Bitcoins As Property, Not Currency – NPR
- US loses edge as employment powerhouse – Financial Times
Europe:
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- Draghi: ECB Has a Close Eye on Euro Exchange Rate – Wall Street Journal
- A consistent strategy for a sustained recovery – European Union
- ECB’s Weidmann says quantitative easing not out of the question – Reuters
Asia:
- Bloomberg editor quits over China story – Politico
- Japanese debt: Still climbing – Financial Times
Local:
- FMG: Iron ore fall, no worries – The AFR
- Capital works and budget illusions – The AFR
- FoFA changes are critical – The AFR
- Reforms necessary, but with a subtle tweak – The AFR
- FoFA opposed, not misunderstood – The Guardian
- Coalminers railroaded into making losses – The AFR
- Housing land so scarce, so expensive – The AFR
- Army of spin doctors costs millions – Canberra Times
- Rail bid to avoid cost blowout – Canberra Times
- Hockey warns of Budget pain – The Australian
- Message is clear, PM, act now on Budget – The Australian
- Shorten confusing on tax – The Australian
- Labor fight back in debt row – The Guardian
- Farmers hold $3.2 billion in farm management deposits – The Guardian
Other:
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- Why claims about real wages are inflated – Financial Times
- Krugman and DeLong on Avoiding Secular Stagnation – cepr.net
- Broadening the Discussion about Economic Growth – The Fiscal Times
- How is the world getting better? – VOX