Econintersect: Click Read more >> below graphic to see today’s list.
The top of today’s reading list has an assessment that “Europe’s debt-crisis strategy is near collapse” …….. and the last article is about a bipartisan attempt to reinstate Glass-Steagall.
- The wheels are coming off the whole of southern Europe (Ambrose Evans-Pritchard, The Telegraph) “Europe’s debt-crisis strategy is near collapse.”
- Bernanke Brings Back the Income Trade (Michael A. Gayed, Minyanville)
- Today on Your Call: How should the US banking system be reformed? (Malihe Razan, KALW Radio) The roundtable starts at 6:15 following BBC World News.
- The Debtwatch Manifesto (Steve Keen) Steve Keen is a Global Economic Intersection contributor. Bookmark this great reference work.
- China’s Risky Finances (Zhang Monan, Project Syndicate) “The most significant medium- and long-term threat to China’s fiscal position lies in the system of implicit guarantees that the central government has established for local-government debt.”
- Ben Bernanke, Hypocrite (David Merkel, Adelph Blog) David Merkel has contributed to Global Economic Intersection.
- So Much for Non-correlation in Hedge Funds (Cullen Roche, Pragmatic Capitalism)
- How Long can an Economist Fail to Mark His Theories to Market? (Brad DeLong) Brad DeLong has contributed to Global Economic Intersection.
- Why Elizabeth could not marry Mr. Darcy. Nor could your daughter. (Fabius Maximus) Fabius Maximus has contributed to Global Economic Intersection. It’s back to the future for societal structure.
- Senators Introduce Bill to Separate Trading Activities From Big Banks (Peter Eavis, DealBook, The New York Times) Hat tip to Barry Ritholtz. Bipartisan attempt at reinstalling Glass-Steagall has no chance.
