Links 15 January 2016

Markets Macro & Investing

• The geopolitics of falling oil prices – The Guardian
• Pandemics are as great a threat as climate change, says Larry Summers – WaPo
• If banks can create money, why can’t other private businesses? ScienceDirect – must read of the day, brought to you by Delusional Economics

Asia/Middle East

• China, fat tails and opaque markets – The Economist
• South East Asia burns up the ranks on carbon emissions – Bloomberg (ah, progress!)
• China inequality among worlds worst – FT
• China’s way or the West, explains Fukuyama – SCMP (good read)

Europe

• Why are Brits so obsessed with buying their own home? Guardian (its a disease I reckon…all Anglo-Saxon nations seem to have it, along with alcoholism…)
• Renault shares fall 20% on possible emissions scandal, ala VW – Bloomberg
• Greece, a European tragedy in the making – Bruegel
• Delays and half measures as Europe slowly burns – Bruegel

Americas

• It’s official: President Obama has broken up with Congress – WaPo (the opposite of Congress is Progress someone wise once said…)
• Relentless fall in crude has oil companies over a barrel – FT
• Canadians are going loonie (sic) over skyrocketing grocery prices – Bloomberg (eh?)

Terra Incognita

• ASX200 tipped for 2nd straight year down to ca. 4800pts, says Morgan Stanley – AFR (obviously they need to take The Kouk’s $10,000 bet, he reckons 6000+)
• Relax everybody, we’ve built a bomb shelter called “endless Chinese investment in property in Sydney and Melbourne” – AFR (that’s not a bomb shelter!)

Other

• Hoverboard explodes in flame on first run – Guardian
• But this is better explosion….BRRRRRRRRRRRRRRRRRRRRRRRRTTTT!