Econintersect: Click Read more >> below graphic to see today’s list.
The top of today’s reading list has an article about India’s problems with the rupee …….. and the last article discusses why the Peoples’ Bank of China failed to get the desired results with the June credit crunch.
- The Rupee’s Wake-Up Call (Ashoka Mody, Project Syndicate) “India must foster a new generation of productivity growth.”
- The U.S.: We Are Number 27 in Health! (Brad DeLong) Brad DeLong has contributed to Global Economic Intersection. Read also GEI News article on shocking study of life expectancy.
- Fed’s Tapering to Aim at Ensuring Housing Recovery: Economy (Steve Matthews, Bloomberg)
- The Government Is Spying On ALL Americans’ Digital and Old-Fashioned Communications (Washington’s Blog) Washington’s Blog contributes to Global Economic Intersection.
- Shadow financing charted in China, and a property catch-up (David Keohane, Financial Times)
- Larry Kudlow: Bernanke Was Right and I Was Wrong About Inflation (Aaron Task, Yahoo Finance)
- Why is Everyone Freaking Out About Bonds? (The ArmoTrader, StockTwits)
- A Call to Battle on Bank Leverage (Simon Johnson, Economix, The New York Times)
- House prices ‘will not recover until 2021’ (Philip Aldrick, The Telegraph)
- Unintended consequences made the PBOC’s strategy fail to work (China Seminar, Institute for New Economic Thinking)