Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary “reading list” which will include very brief summaries of why each item has gotten our attention. Suggestions from readers for “reading list” items are gratefully reviewed, although sometimes space limits the number accepted.
- A ‘smoking gun’ on Ice Age megafauna extinctions (University of Copenhagen, Science Daily) Hat tip to Naked Capitalism. Climate change killed the mammoths, wooly rhinos, northern region horses and other large grazing animals because the former rich grazing flora was replaced by low nutrient, woody plants 15,000 to 25,000 years ago.
- Is your money safe at the bank? An economist says ‘no’ and withdraws his (Terry Burnham, PBS NewsHour) Hat tip to John O’Donnell.
- JP Morgan nears commodities sale (Gregory Meyer, Camilla Hall, Neil Hume, Financial Times) JP Morgan will be exiting energy commodity markets.
Today ‘Behind the Wall’ features mortgage markets and real estate plus articles on macro economic models, gold/gold miners and several other topics.
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