Links 6 September 2018

Global Macro / Markets / Investing:

• JP Morgan’s top quant warns next crisis to have flash crashes and social unrest not seen in 50 years – CNBC
• Why so little has changed since the financial crash – FT
• Amazon Hits $1 Trillion Valuation – WSJ
• Bezos Unbound: Exclusive Interview With The Amazon Founder On What He Plans To Conquer Next – Forbes
• The man in charge of TARP: “I’m proud of the actions that we took” – MarketPlace
• The Rise of the Zombie Small Businesses – The Atlantic
• Secular Stagnation Revisited – Project Syndicate
• Decoding Currency Crises – Project Syndicate
• The emerging market crisis is back. And this time it’s serious – CNBC
• Why Bitcoin is Not an Environmental Catastrophe – Alt-M
• The Next Financial Crisis Lurks Underground – NY Times
• Spatial implications of minimum wages – VOX
• Stocks’ Return to Records Paves Way for Volatile Autumn – WSJ

Americas:

• Bob Woodward’s new book reveals a ‘nervous breakdown’ of Trump’s presidency – Washington Post
• Trump suggests protesting should be illegal – Washington Post
• Companies Say Trump Is Hurting Business by Limiting Legal Immigration – NY Times
• How the U.S. economy turned six good jobs into bad ones – Washington Post
• President Trump has made 4,713 false or misleading claims in 592 days – Washington Post
• The middle class gets almost half of U.S. safety-net payments – Axios
• Economy’s Surge Cuts Uneven Path in Districts – WSJ
• The cost of rescinding work permits for spouses of immigrants on H-1B visas – The Economist
• Showdown — and potential shutdown – CNBC

Europe:

• Mark Carney set to stay to 2020 after backing from Theresa May – FT
• Labour Gains a Four-Point Lead Over the Conservatives as UKIP Picks Up Support – Survation
• European science funders ban grantees from publishing in paywalled journals – Science Mag
• Sweden Was Long Seen as a ‘Moral Superpower.’ That May Be Changing – NY Times
• The dangers for Brussels of talking trade with Trump – FT
• How Myanmar punished two reporters for uncovering… – Reuters
• Scandal-hit Danske branch handled $30bn of Russian money – FT

Asia:

• America’s Elite Universities Are Censoring Themselves on China – New Republic
• Duterte’s Drug War And The Human Cost Of Facebook’s Rise In The Philippines – BuzzFeed
• A Broke Chinese City Is Raked Over the Coals by Furious Citizens – WSJ
• Japan may be next to ban Huawei and ZTE – IT Wire
• Russian Media Critical of China’s GDP Bragging – China Scope
• Why are America’s elite universities censoring themselves on China? – New Republic

Trans-Tasman:

• Labor will force return of controversial $443 million Great Barrier Reef grant – The SMH
• Australia Wants to Take Government Surveillance to the Next Level – NY Times
• Nestle says slavery reporting requirements could cost customers – The SMH
• Peter Dutton au pair visa inquiry: leak referred to federal police – The Guardian
• Energy ombudsman releases audio of sales call that talks 86yo into signing pricey power plan – ABC
• Why aren’t you gaining from Australia’s record run of economic growth? – ABC
• Taylor says there is too much wind and solar in electricity grid – Renew Economy
• Queensland could be 90% renewable by 2030 – with right policy settings – Renew Economy
• Global warming tops the agenda as climate brings down a third Australian prime minister – Nature
• How Matthew Guy’s $2.5m settlement was hidden from investigators – The Age
• Former Australian of the Year’s radical and affordable solution for our mental health crisis – SBS
• Australian Millennials Are Sick of Paying for Baby Boomers’ Health Care – Bloomberg
• NZ needs to generate 65% more electricity in the next 30 years – Interest.co.nz