Weekend Links: 24-25 July, 2021
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Across the Yarra, 1931, Clarice Beckett, National Gallery of Victoria
Macro & Markets
- Why there is no solution to our age of crisis without China – New Statesman
- The aftermath of sovereign debt crises – VoxEU
- The long-run effects of pandemics on inflation: Why this time may be different – VoxEU
- Don’t worry about inflation – Vox
- Pandemic worry is propping up the global bond rally, but not for long – SCMP
- Japan’s power plan will rattle coal, LNG exporters, especially Australia – Reuters, Clyde Russell
- Put Central Bankers in Their Place – Project Syndicate
- The Dangers of Decoupling – Project-Syndicate
- Volatility Beckons After Warp-Speed Recovery – Bloomberg, Authers
- Bonanzas in private equity world spark call for tax relief limit – Guardian
- Global Home Prices Are Rising At The Fastest Pace On Record – Zero Hedge…and just imagine how deflationary that will be when the world wakes up to what has happened with Covid stimulus…
- How blockchain is shaking Swift and the global payments system – FT.com, Tett…good read…
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Americas
- US jobless claims rise to 419,000 from a pandemic low – AP News
- U.S. housing market floats back to earth – Reuters
- IMF says Fed ‘highly effective,’ must carefully communicate withdrawal plans – Reuters
- Brazil coffee frost sparks default fears, crop recovery may take years – Reuters
- Housing, alcohol and weed: Canadians’ pandemic spending habits are changing how inflation is measured – Financial Post
- North America about to turn into a graveyard of mega pipeline projects – Financial Post
- ‘Accident waiting to happen’: Zero-down mortgages in Canada stoke U.S. subprime-like fears – Financial Post
- Take Five: The great Fed conundrum – Reuters
- New jobless claims spike unexpectedly from their pandemic low – CBS News
Asia
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- China unveils superfast floating maglev train – DW
- Room for 10,000: Inside China’s largest detention center – AP News
- China’s tech giants must resolve dangers lurking in plain sight – Nikkei Asia
- China’s domination of global finance about to take a quantum leap – Nikkei Asia
- China’s Xi Affirms Control Over Tibet With First Official Visit – Bloomberg
- China launches new anti-dumping probe into steel products from Japan, South Korea and EU – CNBC
- PBOC is the real Chinese economic indicator – Asia Times
- China crackdown could knock crude oil import growth to 20-year low – Reuters
- China’s economic slowdown prompts Beijing to reaffirm commitment to opening up financial markets – SCMP
- Evergrande’s Endgame Choices: Partnerships, IPOs, Fire Sale – Bloomberg
- Pegasus spyware allegations leave Indian democracy hanging by a thread – DW
Europa
- Putin’s babies – BNE Intellinews …….worth thinking about in relation to Australia’s birth rate without the population Ponzi…
- The EU declares war on money laundering – DW
- Nord Stream 2 — Angela Merkel’s damaging legacy – DW
- Angela Merkel’s last federal press conference: ‘It was a pleasure’ – DW
- Putin’s Epistle to the Ukrainians – BNE Intellinews
- European Central Bank vows a ‘persistently accommodative’ stance in new guidance – CNBC
- UK inflation risk hinges on wage growth, warns BoE official – FT.com
- ECB divisions open up over pledge to persist with negative rates – FT.com
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Terra Specufestora
- Unqualified and dishonest: the ‘experts’ who undermined confidence in AstraZeneca will cost Australians’ lives – SMH
- Living la vida lockdown: how Australians are adapting to the isolation economy – and spending up – SMH
- The expected time lag between when New Zealand begins hiking official interest rates and when Australia does is set to be the longest lag in over 20 years, ANZ economists say – Interest.co.nz
- Data hesitancy: class, race, ethnicity and geography in the viral dangers of Sydney – Pearls & Irritations….the reluctance of media and administrative figures to identify some ethnic factors about the Covid management issue in Australia has been counterproductive…
- The cost of buying a home has increased by 130 per cent over two generations and Generation X is bearing the debt burden – ABC
- $4.6bn in JobKeeper went to businesses that increased their turnover at the height of the COVID-19 pandemic – ABC
- We’re losing the vaccination race because of bungling, not bad luck – The Conversation
- When COVID is behind us, Australians are going to have to pay more tax – The Conversation
- Sitting Ducks: spread of Carbon Border Tax schemes leaves Australia defenceless on climate – Michael West
- Foreign multinational Max Solutions the biggest winner in pandemic jobs crisis – Michael West
- Australia Prepared to Pay Price in Dispute With China, Trade Minister Says – Bloomberg
- Crown Loses $9 Billion Lifeline as Shutdown Hangs Over Casinos – Bloomberg
- Record U.S. Coal Shipment to China Highlights Australia’s Pain – Bloomberg
- Bubble burst: New Zealand suspends quarantine-free travel with Australia – Reuters
- Crown’s secret consultancy deal with ALP powerbroker Stephen Conroy – Ninefax…imagine the influence he might have in an ALP Federal government….
- PM has dealt with the ‘sorry’ question. It might be harder to put the ATAGI questions to rest – Ninefax
- Scott Morrison’s attempt to influence ATAGI advice on AstraZeneca vaccine is misguided – ABC…what credibility has he left?…
- Federation fractures once more over coronavirus outbreak – Ninefax
- Businesses that had no downturn from Covid crisis received $12.5bn jobkeeper windfall – Guardian
…and furthermore…
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- Reforming global trade rules for agriculture: The time has come – Pearls & Irritations
- How the dynamics of a heating planet are driving extreme weather – SMH
- How do you insure yourself against climate change? – DW
- It’s time to rethink what loneliness is – Guardian
- Using plastic waste to help solve sand shortages – BBC
- A world divided: global vaccine trade and production – Bruegel
- In many cities, it is becoming too hot to work – New Statesman
- The impacts of the shift to telemedicine – VoxEU
- Master’s Degrees Are the Second Biggest Scam in Higher Education – Slate
- Economic diplomacy in the new era – Ekatherimini
- Delta variant is one of the most infectious respiratory diseases known, CDC director says – CNBC
- Virus’s impact: More relaxing and thinking, less socializing – AP News
- The world’s top ransomware gangs have created a cybercrime “cartel” – CBS News
- German firms search for clues on future of remote working – DW
- How does the Pegasus spyware work, and is my phone at risk? – ABC
- How important is white fear? – Aeon
- Plagues and empires – Aeon
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