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Noteworthy News – Dec 8, 2014

Economy:

The Incredible Shrinking Incomes of Young Americans - The Atlantic

The poor used to have the most opportunity in America. Now the rich do - Washington Post

Child poverty in the U.S. is among the worst in the developed world – Washington Post

Japan’s third quarter recession deeper than forecasted – BBC

Markets:

Dollar rally to hit emerging markets, warns bank - Irish Times

How the Rising Dollar Could Trigger the Next Global Financial Crisis – Wall Street Journal

Sudden swings expose fragility of financial markets – BIS(Reuters)

Politics:

The Myth of Low-Tax America: Why Americans Aren’t Getting Their Money’s Worth - Atlantic

The case for opportunistic inflation- Economist

Bank on ‘Super Mario’ to give Europe a monetary jolt – Reuters

Banks:

Australian Banks Seen Needing $25 Billion in Capital – Bloomberg

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Posted in Economics, Markets, Media, Politics.


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