Econintersect: Click Read more >> below graphic to see today’s list.
The top of today’s reading list says China’s worse crisis is water …….. and the last article explains why the author believes bond prices can’t go straight down. In between are three articles about GDP with great graphics.
China faces its worst economic crisis: water (Michael Kitchen, Market Watch) Hat tip to Roger Erickson. Read also GEI Opinion.
Congress exempts itself from Obamacare, keeps subsidized health plans (David Sherfinski, The Washington Times) Hat tip to Roger Erickson.
The same old US economy through a different lens (Gavyn Davies, Financial Times) See also GEI Analysis, here and here.
3 Benefits of a ‘Complicated’ Covered Call Strategy (John Sullivan, ThinkAdvisor)
Why the CBO’s Deficit Forecasts Are Too Optimistic (Evan Soltas, Bloomberg) There’s an old joke about a physicist, a chemist and an economist stranded on a desert island. A can of soup washes up on the beach. The physicist says, “Use a rock to smash it open.” The chemist says, “Put it on the fire and let the heat burst it open.” The economist says, “Assume a can opener.”
The Hunt for a Pension Crisis Fix (Paul Aven Gladych, ThinkAdvisor)
The Jobs-GDP Divide And Policymaker Pollyannas (Tyler Durden, Zero Hedge)
Why Tom Friedman Is the Ayn Rand of Our Times (R.J. Eskow, AlterNet)
Conveniently Late Probe Finds Whole Nation Rigged at Expense of Middle Class – You Don’t Say! (Roger Erickson, Mike Norman Economics) Roger Erickson contributes to Global Economic Intersection. This is a first class rant in surprisingly few words for what it covers.
Why Bond Prices Won’t Go (Straight) Down—Searching for Alpha for August 2013 (Ben Warwick, ThinkAdvisor)
