Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary "reading list" which will include very brief summaries of why each item has gotten our attention. Suggestions from readers for "reading list" items are gratefully reviewed, although sometimes space limits the number included.
- China Bond Risk Exceeds Ireland as Defaults Unavoidable (Yumi Teso, Liau Y-Sing and Fion Li, Bloomberg) Chinese government backed debt now has default premiums (CDS - credit default swaps) double those of Japan and France and are even larger than those for Ireland.
- Keynesian Myths, Monetary Central Planning and The Triumph of The Warfare State – Part 1 (David Stockman, Contra Corner) From David Stockman's new web site. See GEI News. Part 2 and Part 3 also posted.
- Europa’s Water Geysers Entice Scientists to Send a Probe—but Can NASA Do It on the Cheap? (Clara Moskowitz, Scientific American) Some are arguing that NASA should spend more on a probe of Jupiter's water-rich moon.
Today there are 15 articles discussed 'behind the wall'. The last 5 are about bitcoin.
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