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
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- 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!
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