World Animal Day
USA Today. “More”?
WSJ. See Yves’ explainer here.
Business Insider. QE means the inverted yield indicator doesn’t work any more.
Francine McKenna, MarketWatch. Delaware Supreme Court Chief Judge Leo Strine.
South China Morning Post
No less an authority than China’s premier Li Keqiang has expressed doubts about the accuracy of the country’s GDP figures.
Leaked US diplomatic cables show that as the top official in Liaoning province in 2007, he told the then-US ambassador that such data was “man-made” and thus unreliable.
When evaluating the economy, Li said he focused on only three indicators — electricity consumption, rail cargo volume, and the amount of loans issued, according to the confidential memo released by the WikiLeaks website in late 2010.
Business Insider. The argument against “The Li Index” has been the Chinese service sector, but now that’s looking shaky, to the extent we can measure it at all.
Channel News Asia
Jonathan Cohn. Impressive, for those who know the Expo Center area.
Rebecca Traister, Elle
Des Moines Register. “As president, I will create a standalone division at DOJ to investigate and prosecute economic crimes; require law-breaking banks and their executives to face real consequences instead of just absorbing fines and continuing to break the law; break up the biggest banks and pass a 21st century Glass-Steagall Act.” What are “real consequences”?
New York Magazine
Big Brother Is Watching You Watch
Today joined Twitter, and here's the world's response.
— Twitter (@)
Guardian. Corbyn demands to see his file.
Ann Pettifor, Prime Economics
Wall Street Journal
Los Angeles Times
Imperial Collapse Watch
NYT. Oh, so that’s what those billions were for!
No plenary or press conference from TPP last night; see events unfold in this series of comments. It’s said there will be a presser “this morning,” so I’ll have a post on the outcome, whatever it may be.
Black Injustice Tipping Point
Paul Krugman, HBR (Furzy Mouse). A classic, and still true today.
Antidote du jour (via ):