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What We Read Today 17 September 2013

admin by admin
September 17, 2013
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Econintersect: Click Read more >> below graphic to see today’s list.


The top of today’s reading list has three articles on climate change…….. and the last article discusses China’s fading efforts to tap their extensive shale gas resources.

  • Global warming? No, actually we’re cooling, claim scientists (Hayley Dixon, The Telegraph) See next two articles.
  • And now it’s global COOLING! Record return of Arctic ice cap as it grows by 60% in a year (David Rose, Daily Mail) See preceding article and the one following.
  • Start of another swing of the media narrative – to global cooling? (Fabuius Maximus) Fabius Maximus has contributed to Global Economic Intersection. See preceding two articles.

The following two graphics (first from the Daily Mail and the second from Fabius Maximus) summarize the discussion.

Click on graphic for larger image.
arctic-ice-2012-2013-Daily-Mail-aug-08

  • Dallas Fed – seems to have a heart for the Middle Class .. doesn’t fully grasp Fiat Currency Operations. Can We Work With This? (Roger Erickson, Mike Norman Economics) Roger Erickson contributes to Global Economic Intersection.
  • The Research Magazine Guide to REIT Investing (The National Association of Real Estate Investment Trusts, Research Magazine, ThinkAdvisor.com)
  • MBA: Mortgage Refinance Activity at Lowest Level since 2009 (Bill McBride, Calculated Risk) Taking away the piggy bank.

Click on graph for larger image.
mortgage-refi-CR-2013-sept-600px

  • Who funds Syrian rebel advocate O’Bagy and the Syrian Emergency Task Force? You do (Charles C. Johnson, The Daily Caller) Hat tip to Sig Silber who commented: “It is not proper.”
  • Why POTUS Allowed Bailouts Without Indictments (Janet Tavakoli, Tavakoli Structured Finance) Econintersect is pleased that Janet Tavakoli will be contributing articles to Global Economic Intersection in the future. The first is scheduled for the Opinion Blog tomorrow.

subprime-warning-bankers-couldn't-see

  • The Internet’s next victim: Advertising (Andrew Leonard, Salon) Hat tip to Shane Hedderson, Newsana.
  • China’s fading shale gas push (Chen Aizhu, Business Spectator)

China has gone back to the drawing board on how to develop what could be the world’s largest shale gas reserves after attempts to stimulate investment and engineer an energy revolution brought little progress in the gas fields.

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After nearly 11 years of 24/7/365 operation, Global Economic Intersection co-founders Steven Hansen and John Lounsbury are retiring. The new owner, a global media company in London, is in the process of completing the set-up of Global Economic Intersection files in their system and publishing platform. The official website ownership transfer took place on 24 August.

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