Links 27 February 2018

Global Macro / Markets / Investing:

• Economists urged to use fertility to predict recessions – FT
• Goldman Says Stocks May Plunge 25% If 10-Year Yield Hits 4.5% – Bloomberg
• Bitcoin Slides As Coinbase Informs 13,000 Customers Of Imminent Data Handover To IRS – Zero Hedge
• Buying Power: an often neglected, yet essential concept for economics – The Minskys
• Investors’ Zeal to Buy Stocks With Debt Leaves Markets Vulnerable – WSJ
• New Report on Emerging AI Risks Paints a Grim Future – Gizmodo
• You’ll want to keep an eye on these 10 breakthrough technologies this year – Tech Review
• Don’t Let Blockchain Cost Savings Hype Fool You – Forbes
• Are Factors Better and More Diversifying Than Asset Classes? – Alpha Architect
• Buffett’s Annual Letter: Berkshire Records $29 Billion Gain From Tax Law – NY Times

Americas:

• Guns are killing high school kids across America at alarming rates – VOX
• If this is what conservatism has become, count me out – Washington Post
• Trump privately talks up executing all big drug dealers – Axios
• Hungry Venezuelan Workers Are Collapsing On the Job – Bloomberg
• Laser scanning reveals ’lost’ ancient Mexican city ’had as many buildings as Manhattan’ – The Guardian

Europe:

• EU stands firm over Northern Ireland border – FT
• Russian spies hacked the Olympics and tried to make it look like North Korea did it, U.S. officials say – Washington Post
• Four Ex-Deutsche Bank Traders Evade U.K. Euribor Case – Bloomberg
• The Brexit vision that reveals England’s perfidy over Ireland – The Guardian
• Europe’s Political Economy: Reading Reviews of Varoufakis’s Adults in the Room – Adam Tooze

Asia:

• China Moves to Let President Xi Stay in Power, Ending Term Limit – NY Times
• China poised to end two-term limit on presidency – FT
• China’s Communist Party Proposal Sets Stage for Xi to Hold Onto Power – WSJ
• Term Limits Will Officially No Longer Apply To Xi Jinping – Sinocism
• China sets stage for Xi to stay in office indefinitely – Reuters
• U.S. prepares high-seas crackdown on North Korea… – Reuters

Trans-Tasman:

• The shocking pokies losses for every pub and club in Tasmania – Andrew Wilkie
• ‘Sexist, creepy’: Jacinda Ardern’s 60 Minutes interview angers New Zealand – The Guardian
• PM’s department sits on watchdog’s report into Border Force head – The Age
• Labor’s left faction digs in against Turnbull’s corporate tax cuts – The Guardian
• Fears privatised visa system could see access to Australia ‘sold to highest bidder’ – The Guardian
• Full time median earnings grow by just 1.5%, falling below cost of living. – Brisbane Times
• NBN Co refuses to disclose cheapest FTTP connection costs – IT News
• Turnbull no longer cares about reconciliation with Indigenous Australians – The Guardian
• Cleaners sacked without redundancy shown jobs on offer in New Zealand – The Age
• Should Australia recognise the human right to a healthy environment? – The Conversation
• Victoria should consider burning rubbish to generate energy, reduce landfill, report finds – ABC
• No ‘high expectations’ for immediate jump in business confidence numbers, PM says – Interest.co.nz