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Noteworthy News – June 17, 2013

Economy:

How Much is Enough? Why do we Work so Much and Enjoy so Little Leisure? – Economonitor

Fitch says China credit bubble unprecedented in modern world history – Telegraph

S&P’s sudden optimism about the US economy is difficult to understand - Guardian

Britain is doing well on employment despite a crummy economy. Why? – Washington Post

 

Markets:

The Declining Demand for Husbands – New York Times

Detroit’s Creditors Are Asked to Accept Pennies on the Dollar – New York Times

Venezuela on the Brink of Hyperinflation – Economonitor

Foreclosures Jump as Banks Bet on Rising U.S. Home Prices – Bloomberg

Falling New Orders Signal U.S. Stock Inflation: Chart – Bloomberg

 

Politics:

The negative rates we need – Economist

Spain’s public debt hits record high – Boston.com

Banks:

‘Financialization’ as a Cause of Economic Malaise – New York Times

Traders Said to Rig Currency Rates to Profit Off Clients – Bloomberg

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Posted in Economics, Markets, Media, Politics.


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