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 included.
- China Developer With $567 Million Debt Said to Collapse (Andreea Papuc, Bloomberg) Hat tip to Izabella Kaminska. Another bad debt shoe drops, this time in real estate development. Observers suggest this could trigger the start of a sharp real estate market correction in China.
- Obamacare enrollment hits 5 million (Sandhya Somashekhar, The Washington Post) The CBO (Congressional Budget Office) estimate of 6 million enrollees by the end of March seems within reach but not the original administration objective of 7 million.
- 12 Things You Didn’t Know about Guinness (Adam Lapetina, Trillist) Happy St. Patty’s Day (yesterday)!
- China and Its Currency Grow Up (Jim O’Neill, Bloomberg) The former Goldman Sachs chief economist points out that the shrinking current account surplus is due much more to increasing imports than to falling exports.
- Paul Ryan isn’t the wonk of Washington – it’s time to listen to more good ideas (Dean Baker, The Guardian) Dean Baker has contributed to Global Economic Intersection. Baker accuses main stream media of an anti-progressive bias.
Today there are 14 articles discussed ‘behind the wall’.
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