Monday, June 23, 2014

Three more reads

Reformed Borker (Bork Bork Bork!) - what if wages rise? Of course, that means the masses will be better off, and the stock market will throw a snit.

FT beyond brics - emerging Asia to drive infrastructure spend to 2025. Sure, as long as the EM bull market continues. But the minute DM interest rates rise, do you think it'll be so easy to fund a highway in India? I mean, without access to cheap credit? - Germany gives up trying to get their gold back from the US. Ha ha ha! Because it's not there! Ha ha ha! God, we make fun of goldbugs, but then a story like this comes along. Kipper the Keenmeister himself has fun playing the conspiracist goldbug in this writeup.

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