Global Macro / Markets / Investing:
- Pension funds plan to pile in to index trackers – FT
- Economists reject Trump claims of unfair trade system – FT
- The inflation laggards — are they turning hawkish? – FT
- Donald Trump is undermining the rules-based international order – The Economist
- Warren Buffett’s Lecture Against Quarterly Earnings Estimates Is Balderdash With a Side of Hypocrisy – Slate
- What Is the Trade Deficit? – NY Times
- Who really owns bitcoin now? – The Hill
Americas:
- US Economy: Pedal to the Metal – Yardeni
- In the Trump Administration, Science Is Unwelcome. So Is Advice. – NY Times
- Trump takes hard line with US allies at G-7 summit – The Hill
- Navarro: ‘Special place in hell’ for Trudeau – Politico
- Trump Refuses to Sign G-7 Statement and Calls Trudeau ‘Weak’ – NY Times
- Trump’s criticism of G-7 is ‘unprecedented’ scream the elite — That’s the whole point of Trump! – Fox News
- We’d better get used to Emperor Donaldus Trump – The Times
- Trump Confesses Motive, Blows Up Legal Basis For Trade War – NY Mag
- Trump Economic Adviser Ties G-7 Pullout to North Korea Meeting – NY Times
- Debacle in Quebec – NY Times
- Americans are depressed and suicidal because something is wrong with our culture – USA Today
- Trudeau ’stabbed us in back’ on trade, says Trump chief economic adviser – The Guardian
- Kudlow Blames Trudeau for ‘Betrayal’ Before North Korea Talks – Bloomberg
- Tax Havens Blunt Impact of Corporate Tax Cut, Economists Say – NY Times
- We Republicans must all speak out to protect the Mueller investigation – Washington Post
- Why Canadian milk infuriates Donald Trump – The Guardian
Europe:
- Swiss voters reject ‘sovereign money’ initiative – FT
- Greek supreme court rejects statistics chief’s appeal – FT
- Arron Banks ‘met with Russian officials multiple times before Brexit vote’ – The Guardian
- Revealed: Brexit backer Arron Banks’s golden Kremlin connection – The Times
- What if the EU Invited Canada to Join Its Bloc? – Insead
- Germany Takes the Prize in the Strong Europe Tank Challenge – Dvidshub
Asia:
- Trump open to U.S. embassy in Pyongyang, North Korea – Axios
- China refuse to let boys lose their masculinity. May they succeed – SCMP
- China funding and building world power grids – FT
- China launches antitrust probe against US and Korean chipmakers – Nikkei
- China should seize the day on economic reform, says IMF – SCMP
- China a pillar of strength in Qatar’s fightback against Arab blockade – SCMP
- U.S. Should Chill Out About High-Tech China Threat, Pettis Says – Bloomberg
Trans-Tasman:
- George Christensen Charged Taxpayers To Print Ads For The Coalition For Marriage – Buzzfeed
- ‘Very poor’: GP booking service HealthEngine sanitises patient reviews – The SMH
- Payments to former minister concealed – The Saturday Paper
- There’s a new cultural war taking place – and it’s targeting progressive tax – The Guardian
- Why are the Chinese so interested in Tasmania? – The SMH
- ‘Australia doesn’t realise: worsening drought pushes farmers to the brink – The Guardian
- Smaller Gold Coast retailers blame high rents for growing number of vacant shops – ABC
- Skills shortage: Australia facing critical decline of new mining engineers – ABC
- Universities rely too much on foreign student fees, auditor says – The Guardian
- Senior politicians in Australia have committed crimes, says top lawyer – The SMH
- Double lives: The secret network of ex-Muslims in Australia – ABC
- Sydney University academics denounce western civilisation degree – The Guardian
- Gupta’s stunning deal to supply cheap solar to South Australian industry – Renew Economy
- Dutton’s secret propaganda unit – The Saturday Paper
- Australia’s banks dodged the financial crisis. Then they got complacent – The Guardian
- Uncertain future for 50 franchisees after chocolate cafe chain Oliver Brown collapses into voluntary administration – MSN
- Harnessing renewable energy: Australia’s largest hospital solar power system to be installed in Port Macquarie – ABC
- Debt clock ticking – Interest.co.nz
- Business-friendly Budget already undermined by poor Governance – Interest.co.nz
- RBNZ’s prudential regulation powers won’t be hived off – Interest.co.nz
How did the Economist manage to change itself from a serious Economics Magazine into a useless rag totally devoid of rationality in economic argument and totally ignorant of the impact of economic factors on the industrial and social structure of a nation?
One doesn’t expect any better of the Deep State controlled FT
How does he NYT get away with kindergarten plainly false lying BS about the US Trade Deficit? Then it is put up here as some sort of guiding economic opinion??? Strewth!
Financial Times’ Janan Ganesh is brilliant and truthful.
Here he is in Oct 2015 saying plainly, “mass immigration is a problem for the average voter and David Cameron’s negotiations with the EU are not going to result in immigration cuts”:
(2m35s)
https://youtu.be/lgKod8v4Z8c#t=2m35s
The Economist published articles on apprenticeships in Germany and how England is trying to copy that system but it is/was being rorted because stacking supermarket shelves in Tesco is/was also called “apprenticeships”.
Jacob I am commenting on the articles in Links.I guess if serves my oint to a great extent. They can comment on social issues but the grasp of Macro issues gets worse all the time and now approaches zilch. They cannot even perceiuve there is a macro issue at stake.
No such thing as the deep state flawse, anymore that one can clearly see the discord in G summit outcomes. You know not that long ago when some thought these were globalist organizations of takeover. And remember the US has to run deficits as reserve unless you forget Bills and Rubin’s surplus baked in the next recession. But then again not all country’s can be net savers at the same time or importers – exporters.
Then again what do you think happens as all the ex colonial nations economies become mature at the same time and there is no more room to grow. Only thing to do now is recycle assets and swap them around which seems to only leads to more consolidation except for certain protected sectors nationally.
BTW don’t know about your issues with the Economist, been neoliberal for a long time, same goes for the FT that Jacob favors.
discord in G summit outcomes = kabuki theatre
Skippy
I don’t bother replying to your posts anymore as you never seem to be able to get past the comment level of the local village idiot.
I just wanted to point out again that it is obvious you never actual my comments – you just sort of skim with the idea that you can just impose something of your own stupidity as a reply. That is starkly demonstrated here, as usual, when you refer to me as neoliberal.
Peter….
I would need to see your work out, think Brexist make that assumption moot.
The neoliberal bit is when you eschew free market dogma flawse or resort to theoclassical outbursts.
The very idea that a neoliberal publication like the economist, during the neoliberal period, is now not a serious economic outlet is quite hilarious. Compounded by then invoking the “Deep State” as some undefined but all powerful group thwarting the application of “rational” economics as – you – see it.
I have clearly stated that I affiliate with post Keynesian in refuting AET and Neoclassical and with that MMT from a direct observation perspective and not one of ideological or any other bias preference. Then get cranky when the proselytizing does not work on me…. duh….
BTW flawse Kaldor debunked loanable funds fallacy, a pet idea of monetarists. You did pep up in the past when I mentioned him.
From this morning’s “Letters Fairfax Won’t Publish File”
Morris are you aware that Nash back tracked on Game Theory in the application your advocating post being diagnosed with schizophrenia – right. That would seem to invalidate any agenda or advocacy that uses it as a corner stone in giving it validity, wouldn’t you think. And once that information was on offer sticking to a past position deemed untenable denote some issues with methodology.
And for those who missed it over the weekend, “Massive defeat for ‘sovereign money’ initiative”:
https://www.swissinfo.ch/eng/vote-june-10–2018_swiss-unlikely-to-buy–sovereign-money–proposal-/44174184
But why? Seems insane… vote against best interests..
Because maybe self interest had nothing to do with it or your projection of what you think is, thing is you don’t know.
“In the Trump Administration, Science Is Unwelcome. So Is Advice. – NY Times”
Bwahahahaaaaaa!!!
The NYT is such an open minded open independent deep thinking organisation!!!!!!!!! (/sarc)
And now for a touch of class from Joyces
https://www.watoday.com.au/entertainment/celebrity/barnaby-joyce-s-eldest-daughter-didn-t-bother-watching-his-interview-either-20180605-p4zjm2.html