Weekend Reading: 28-29 September 2019
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Global Macro / Markets / Investing:
- Trump is warning that ‘markets would crash’ if Democrats impeach him – Business Insider
- Fed Repo Market Bailout Is Sign of Deeper Problems Getting Worse Over Time – Fortune
- Gigajoule is a unique power generation solution – Medium
- The Fed Created The Everything Bubble And A Liquidity Crisis – Alt Market
- “Who Could Have Known?” …What The Repo Fiasco Entails – Zero Hedge
- Global debt surges to highest level in peacetime – FT
- The Disaster of Negative Interest Rates – Truth Dig
Americas:
- Paying off student debt is the biggest life milestone for millennials – Business Insider
- U.S. income inequality at highest level in 50 years, growing gap in heartland – NBC
- Census report: U.S. income inequality reaches highest level in decades – UPI
- Wall Street Democratic donors may back Trump if Warren is nominated – CNBC
- US Economy Grew at Modest 2% Rate in Second Quarter – NY Times
- Internet sector contributes $2.1 trillion to U.S. economy – Reuters
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Europe:
- German Industrial Recession Drags Economy Deeper Into Slump – Bloomberg
- Ireland joins international call for a four-day working week – Independent
- EU to hit seven more Venezuelan officials with sanctions for torture – Reuters
- MEPs reject Romanian and Hungarian nominees for European Commission – Politico
- Attacks on LGBT+ people increase in Germany – DW
- U.S. Can Tariff About $8 Billion of EU Goods Over Airbus Aid – Bloomberg
- Anger and tears as the UK Parliament’s mood boils over – CNBC
Asia:
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- China stocks close lower on trade doubts – The Star
- China communicates with US over trade talks, willing to buy more from US – The Star
- The explosive growth of Chinese cities – Statista
- China’s Growth Is Slowing, but not Because of the Trade War – PIIE
- Buying Huawei Technology ‘Like Buying Chinese Fighter Planes’, Shock New Report Warns – Forbes
- Communist China’s Painful Human Rights Story – CFR
- China is harvesting thousands of human organs from its Uighur Muslim minority – MSN
Trans-Tasman:
- Abortion decriminalised in NSW after controversial bill passes final vote – ABC
- Climate scientists blast Scott Morrison’s ‘ludicrous’ UN speech – New Daily
- SA parliament declares climate emergency – 7 News
- Centrelink could launch more than a million new robodebts in next three years – The Guardian
- Australia’s job market could be deteriorating faster than expected, as two of its strongest states start to look shaky – Business Insider
- Adani coalmine: Queensland warned not to sign royalty deal until rail line agreed – The Guardian
- Communications technology and education push Australia down digital rankings – ABC
- Construction jobless hits high, as the downturn bites – New Daily
- Governor Philip Lowe signals the RBA is in a political hole – New Daily
- Coalition’s income tax cuts remove buffer against economic shocks, report finds – The Guardian
- Can Australia impeach a prime minister? – SBS
- Visa data shows appeals backlog more than 60,000 as refusals surge – SBS
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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
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