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La Perouse, 1947, William Dargie, Art Gallery of NSW
Macro & Markets
- Australia says world needs to know origins of COVID-19 – Reuters
- FinCEN Files show banks are not serious enough about beating money laundering – ABC
- What $2tn in possible corrupt activity reveals about Kleptopia – Guardian…the world is awash with corruption proceeds, and it all wants ‘light touch’ regulation, low taxes, less bureaucracy and red tape, gelded regulators, and privacy rights, and it buys mainstream media wherever it needs to…
- Global climate goals ‘virtually impossible’ without carbon capture: IEA – Reuters
- A tale of three depressions – VoxEU
- The shecession (she-recession) of 2020: Causes and consequences – VoxEU
- What would happen if the US recognized Taiwan? – Nikkei Asian Review
- The ethics storm brewing over Chinese government bonds – Nikkei Asian Review
- China Is on a Building Binge, and Metal Prices Are Surging – NY Times
- China’s carbon neutral targets requires enormous shift in priorities – Reuters, Clyde Russell
- Global economic outlook better than June, but ‘not out of the woods’, IMF says – SCMP
- There are four coronavirus vaccines in late-stage studies — here’s how they differ – MarketWatch
- How the dawning era of declining fossil fuel consumption will reshape geopolitics – New Statesman
- The Vise Tightens on the Dollar – Project-Syndicate, Roach
- US sanctions China’s biggest chipmaker– FT.com
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Americas
- How Far Will Donald Trump Go to Win? – Rolling Stone
- Why the U.S. Risks Repeating 2009’s Economic Stimulus Mistakes – NY Times
- Time running out for fiscal stimulus efforts on Capitol Hill – MarketWatch
- Residents of marijuana-growing area in the US refuse to evacuate despite giant wildfire – Stuff.co.nz
- 60 million fewer commuting hours per day: How Americans use time saved by working from home – VoxEU
- No Other Western Democracy Allows This. Only in America does so much power rest in the hands of elderly judges. – The Atlantic
- The future of the economy hinges on child care – Vox
- The truth about violent crime in American cities, explained in 11 charts – Vox
- The Election That Could Break America – The Atlantic
- US pork exports to China surge beyond pre-trade war levels – SCMP
- U.S. imports surge as pandemic worries have retailers stockpiling – Reuters
- Some 3,500 U.S. companies sue over Trump-imposed Chinese tariffs – Reuters
- There’s a Housing Bubble Lurking in the Recession – Bloomberg
- A Failure of Empathy Led to 200,000 Deaths. It Has Deep Roots. – The Atlantic
Asia
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- ‘One day everyone will use China’s digital currency’ – BBC
- China’s Xi urges revival of old rural distribution system to boost economy and enhance ‘ties with rural masses’ – SCMP
- Taiwan seduces European investors seeking to dodge US-China trade war and coronavirus – SCMP
- China making progress in rebuilding pig population, but supply gap likely to last at least until 2021 – SCMP
- China’s surging corn prices blamed on speculators as Beijing plays down fears of grain shortage – SCMP
- China’s northeastern corn belt left flattened by typhoons, fuelling food-security concerns ahead of autumn harvest – SCMP
- COVID-19 wipes out East Timor’s dreams of oil and gas riches – Nikkei Asian Review
- Southeast Asia to be world’s top laptop producer, surpassing China – Nikkei Asian Review
- Japan’s impending crisis: aging doctors treating aging patients – Nikkei Asian Review
- The Durand Line: the elephant in the room – Le Monde
- Iran in turmoil as rial goes into free fall – Asia Times
Europe
- Russia Is Trying Something New to Isolate Its Internet From the Rest of the World – Slate
- Europe’s recovery gamble – Bruegel
- British tech workers are moving to warmer countries as winter approaches – CNBC
- UK borrowing surges as Covid pushes national debt to record £2.024tn – Guardian
- Europe’s Green Dirigisme – Project-Syndicate
- Boris Johnson Is Hurtling Into a Winter of Discontent – Bloomberg
- 25 Years On, Britain Clings to Privatized Railway – Bloomberg
- Tussle for ECB’s Last Big Job for Years Becomes Two-Man Race – Bloomberg
- Investors dismayed by Romania’s budget-busting 40% pensions hike – BNE Intellinews
- Ukraine’s the Old Rotten System is alive and well – BNE Intellinews
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Terra Specufestor
- Split emerges over policies to lift population growth – Ninefax….a crack in the Ponzi…
- Government to wind back responsible lending obligations to kickstart economy – Guardian
- Frydenberg’s move to dump lending laws ‘shortsighted’, consumer groups say – Guardian
- TikTok tells Australia government it will make source code available for inspection – Reuters
- Mathias Cormann says government’s big spending plans will not delay budget repair – Guardian
- The case for an Australian federal anti-corruption watchdog is more compelling after a troubling week – Guardian, Katharine Murphy…it isn’t just compelling. It is overwhelming…
- Hospitality jobs have taken a hammering. Opening Australia’s state borders will not be enough – Guardian, Jericho
- Phoenixing: how unscrupulous dealers rise debt-free from the ashes of failed companies – Guardian…legally facilitated theft, all too often from taxpayers…
- Josh Frydenberg’s planned responsible lending changes defy Hayne’s banking royal commission – ABC, Janda
- The Government wants to make it easier for you to get a mortgage amid the coronavirus recession — but there’s a catch – ABC
- China property developer follows Huawei with job cuts in Australia amid souring Beijing-Canberra ties – SCMP
- ‘Creeping assumptions’: Daniel Andrews was in the dark with his ministers – Ninefax
- The question still remains in a bureaucratic Game of Thrones – Ninefax
- Economists predict budget deficit up to $270 billion, even bigger debts to come – Ninefax
- Fears over the growing stockpile of zombie companies – Ninefax
- Inflation to miss RBA target for half a decade, say top economists – Ninefax
- ‘We’re in deep strife’: Fertility wipe-out set to derail COVID-19 recovery – Ninefax…libido goes out the window when debt and job insecurity comes in…
- More elite Sydney schools drawn into ‘criminal’ muck-up day fiasco – Ninefax…these kids will be Liberal politicians and IPA reps in 15 years…
- Rich Thinking: Canberra Bubble wage delusions spawn a bizarre plan to flatten taxes – Michael West, Winter
- Feeding the Chooks: Scott Morrison’s marketing triumph over mainstream media – Michael West, Foote…good read…
- Dirty money leaks shine a spotlight on kleptocrats devouring our economy – Michael West, Lynch
- Do you want banks to run your life? – New Daily, Pascoe
- Banks behaving badly again and get only a rap over the knuckles – Pearls and Irritations, Cunliffe
- Houses are becoming commodities to buy and sell and not homes. – Pearls and Irritations, Menadue
- What is ‘middle income’ in Australia? – Pearls and Irritations, Bowie
- Frydenberg is setting his budget ambition dangerously low – The Conversation
- It’s not only Westpac. What’s behind the biggest fine in Australian corporate history – The Conversation
…and furthermore…
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- Plight of the ‘Physical Worker’: Worn-Out Bodies and Little Savings – NY Times
- Singapore in world first for facial verification – BBC
- How much gold is there left to mine in the world? – BBC
- At Airbus a hydrogen-powered aircraft takes shape – DW
- Evaluation of too-big-to-fail reforms: Lessons for the COVID-19 pandemic – VoxEU
- FinCEN Files: The art of evading sanctions – DW
- Late-movers outperform first-movers in export markets – VoxEU
- Coronavirus makes ‘modern slaves’ of ship crews, UN told – DW
- There is no trade-off between quality and efficiency in public procurement – VoxEU
- The value of uncertainty – Aeon
- Measuring property rights institutions – VoxEU
- Vikings in America – Aeon
- The intergenerational transmission of wealth in rich countries – VoxEU
- How affluent people can end their mindless overconsumption – Vox
- Why we’re still years away from having self-driving cars – Vox
- The rise of telemedicine: Why going to the GP may never be the same again – RTE
- White-Collar Crime, No Punishment – Project-Syndicate
- Body fat deep below the surface is a toxic risk, especially for your heart – The Conversation
- Carbon-Sucking Bionic Weeds Are New Front in Climate Change War – Bloomberg
Vale Max Merritt……Died Los Angeles 24/09/2020
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