Econintersect: Click Read more >> below graphic to see today’s list.
The top of today’s reading list is about Daniel Tarullo, a Fed governor never mentioned as a replacement for Ben Bernanke …….. and the last article is about further discussion of misrepresentations about and by Reinhart and Rogoff.
- The Increasing Leverage of Daniel Tarullo (Donna Borak, American Banker) The never mentioned candidate to replace Bernanke.
- Could This Cause Silver To Blast Off? Rare Situation At Hand! (Chris Kimble, Advisor Perspectives dshort.com) Chris Kimble has contributed to Global Economic Intersection.
- Watch our world warm! How warm was June? What’s the trend? (Fabius Maximus) Fabius Maximus contributes to Global Economic Intersection.
- Cosmologist claims Universe may not be expanding (Jon Cartwright, Nature) Hat tip to Newsana. “Particles’ changing masses could explain why distant galaxies appear to be rushing away.” In this alternative view the universe could be closer to its end than the beginning. However, no way to test this alternative theory is yet known.
- Dutch housing bust intensifies (Unconventional Economist, Macro Business)
- G20 report warns of global tax chaos (Patrick Wintour and Simon Bowers, The Guardian) “International tax system cannot deal with mobile multinational firms that shift profits to low-tax countries, says OECD thinktank“
- Today’s complex global supply chains are poised to be dismantled (Paul Brody, Gigaom) Hat tip to Roger Erickson. “Thanks to the growth of 3D printing, intelligent robots, and open-source hardware, tomorrow’s supply chains will be faster, smaller, cheaper, and local.” See also GEI Analysis.
- NZ Govt pushes retirement savings into housing (Unconventional Economist, Macro Business) Kiwi and Oz bubbles continue.
- U.S. Repeals Propaganda Ban, Spreads Government-Made News To Americans (John Hudson, Foreign Policy)
- Beyond Debt and Growth (Dollars & Sense, July/August 2013) Hat tip to Yves Smith at Naked Capitalism. Interview with Robert Pollin about the misrepresentations about and by Rogoff and Reinhart. This is a must read.