Econintersect: Click Read more >> below graphic to see today’s list.
The top of today’s reading list is about American corporate socialism …….. and the last article is about plummeting mortgage delinquency and foreclosure rates.
- How American Socialism “Works” (Shah Gilani, Wall Street Insights & Indictments) Shah Gilani has contributed to Global Economic Intersection. Gilani does not use the terminology in the article, but what he describes is national socialism, which has been called fascism in the past.
- McKinsey Says 20% of Biggest Banks May Shrink or Merge (Michael J. Moore, Bloomberg)
- Billionaires Received U.S. Farm Subsidies, Report Finds (Ron Nixon, The New York Times)
- CHART OF THE DAY: The World Is More Open Than Ever (Sam Ro, Business Insider)
- How India Launched Its Mars Mission At Cut-Rate Costs (Saritha Rai, Forbes)
- “IS-LM (with endogenous money)” (Steve Keen, Debt Watch) Steve Keen has contributed to Global Economic Intersection. This is the latest in a years-long debate between Steve Keen and Paul Krugman. Caution: Don’t start this article until you have a block of about 30 minutes set aside.
- US stock market volatility lowest since 2007 (Sober Look) Complacency kills!
- The Importance of Explaining Medigap (David Weldon, ThinkAdvisor) Straightforward explaination of a confusing array of insurance options.
- List Of 20 Pension Advisers To Receive New York Subpoena May Grow (Edward Siedle, Forbes) Hat tip to Dan Flemming.
- MBA: Mortgage “Delinquency and Foreclosure Rates Continue to Plummet” in Q3 (Bill McBride, Calculated Risk)