Econintersect: Click Read more >> below graphic to see today’s list.
The top of today’s reading list discusses expensive medicare errors made by retirees …….. and the last article says that tapering is not the only way the Fed can exit QE3.
- A Mistake On Medicare Choices Can Cost Retirees Plenty, Expert Says (Karen DeMasters, Financial Advisor)
- Nowhere to Hide in Worst Bond Losses Since 2008: Credit Markets (Victoria Stilwell, Bloomberg)
- The Next Credit Driven Crisis (MA Capital Management, Seeking Alpha) Read the comments too.
- New Americans, New Businesses (5 Min. Forecast) Surprise – Who are the real job creators?
- The New Economics of Part-Time Employment (Casey Mulligan, The New York Times) Casey Mulligan has contributed to Global Economic Intersection. Mulligan’s arguments here sound like a transfer payment scheme to increase the number of people employed, although the author doesn’t frame his argument in those terms.
- The heady rise of China’s shadow banking (Douglas J Elliott and Kai Yan, Business Spectator) This article is an extract from the Brookings Institute’s John L Thornton China Center paper The Chinese Financial System: An Introduction and Overview, published July 1.
- Global manufacturing picks up speed (Robin Harding, Financial Times) Excepting China.
- Unemployment Rate Still Above 10% in 27 US Metro Areas (Jonathan House, The Wall Street Journal)
- E Pluribus Unum (Paul Krugman, The New York Times) “…two-thirds of Americans live in metro areas with half-a-million or more residents.” And the other 1/3 control the House of Representatives.
- Forget Tapering and Exit via Reserve Requirements (David Kotok, The Big Picture)
