Econintersect: Click Read more >> below graphic to see today’s list.
The top of today’s reading list has a Reuters article discussing implications for the global economy of gold’s recent price decline…….. and the last article is about the world of emerging markets outside of the BRICS.
- Gold slide flashes warning signs for global economy (Ryan Vlastelica and Richard Leong, Reuters)
- Federal cuts put women and children last (Susan Feiner, Maine Sunday Telegram) Susan Feiner has contributed to Global Economic Intersection.
- Bailout Recipients (Detailed View) (ProPublica) Every dollar for 927 recipients and where the current $129 billion in losses are.
- Forever Blowing Bubbles (Jesse Eisinger, ProPublica) Trickle down monetary policy?
- Is the Federal Reserve Insane? (Matthew C. Klein, Bloomberg)
- 10 reasons state lotteries ruin the economy (Steven Rosenfeld, Salon) Hat tip to Roger Erickson. State lotteries amount to a hidden tax on the poor. They eat up about 9 percent of take-home incomes from households making less than $13,000 a year. They siphon $50 billion a year away from local businesses.
- Japan’s Inflation Propaganda And Why The BoJ Better Hope It’s Not Successful (Tyler Durden, Zero Hedge)
- Can China Adapt? (Zhang Jun, Project Syndicate)
- Boston, West, Newtown: For Whom the Bells Toll, For Whom the Alarms Ring (Richard Kim, The Nation) Hat tip to The Marvin Clark Daily.
- Building Emerging Markets Exposure Without BRICs (Virginia Munger Kahn, Financial Advisor)