Weekend Links February 8-9

Cross Posted from macrobusiness.com.au

 

North America

U.S. jobless rate forces Yellen’s hand on Fed guidance

U.S. consumer credit posts biggest jump in 10 months

Republicans eye U.S. debt limit vote as Lew warns of cash crunch

What is ‘emerging’ is that perhaps we should focus concern on the US market

Employment’s Decline, for Men of All Ages

Payroll Data Shows a Lag in Wages, Not Just Hiring

Pinning down the January effect on U.S. jobs figures

Another false start for the U.S. economy?

Canada floats new citizenship rules that could affect thousands of Chinese

Exclusive: How mainland Chinese millionaires overwhelmed Canada’s visa scheme

The Two Big Failures of the Bernanke Fed

Fed should plan to lift interest rates this year

Low-Income Students Don’t Have to Get Into Harvard

Comparing Economic Recoveries: Ritholtz Chart

The Spectacular Myth of Obama’s Part-Time America—in 5 Graphs

The Shame of America’s Long-Term Unemployment Crisis

A Policy Response to Job Market Weakness

Unequal PartnersYour marriage is probably making inequality worse.

 

Europe/UK

German Court Defers to Draghi as Euro’s Judge and Jury

How Germany Just Undercut the Euro

German Industrial Output Unexpectedly Fell in December: Economy

Scotland Will Never Be Free as Long as It Has RBS

Exclusive: UBS seeks first-mover immunity in U.S. currency probe – sources

Dutch would be ‘better off’ if they left the euro

Time for action on financial transparency

We need new ways to pass on property wealth

Yahoo shifts Europe tax base to Ireland from Switzerland

Ban foreign buyers to solve UK property woes: Report

Why Europe’s Job Picture Looks Different

BOE Staff Said to Have Condoned Currency Traders’ Conduct

 

Asia (sorry there didn’t seem to be a lot Asian related in what I scouted)

Many Local Gov’ts Aim for Lower GDP Growth This Year

Reviving China’s Rebalancing

China’s Risky Credit Boom

Mobius Says Emerging-Market Selloff to Deepen on Outflows

Govt cuts growth forecast for 2013-14 to below 5%

 

Australia/NZ

Woodside to Invest Up to $2.6 Billion in Israeli Gas Venture

RBA Sees Weaker Currency Fueling GDP Growth, Inflation: Economy

Budget may hurt, but it’s ‘pain with a purpose’, says Prime Minister Tony Abbott

Auto report is a fantasy tale with a tragic twist

CCA and Qantas: Authors of their own misfortune

Is Australia falling out of love with solar power?

 

Sundries

GMO Quarterly letter February 2014

The markets’ bumpy ride need not become a crash

Which middle class, which squeeze?

Smart Money Seizes Fischer ’98 Notes Amid Emerging Contagion

Can Democracy Help With Inequality?

Grantham: ‘7 Lean Years’ Now Permanent

South Africa pleads for global coordination amid Fed backlash

The Idiocy of Olympic Values

Stagnation by Design

How Fragile are Emerging Markets?

The Global Economy Without Steroids

Emerging Markets’ Submerging Currencies

How influential was the Rogoff-Reinhart study warning that high debt kills growth?

It turns out people are better at protecting their privacy than companies would like

One of the world’s great investment thinkers is convinced fracking is causing earthquakes

The Trouble With Emerging Markets

Desperate Times, Desperate Measures

Always invest in what scares you

Who are the 1 percent? Two new views

Can Bitcoin Become The New Global Reserve Currency?

Tiny Tax Haven Received More FDI Last Year Than Brazil & India Combined

World Food Prices Fall For First Time In Three Months To 19-Month Low

How Eroding the Middle Hits Economic Growth

The Economist takes biscuit for worst coverage of Russia. As a very experienced Russia man I cant agree with this one enough.

 

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