(source: http://www.zerohedge.com/news/2012-11-28/greek-debt-buyback-another-idiotic-e…)

 

This one makes you wonder: who is building all those new homes in the US…?

·         http://www.businessinsider.com/housing-recovery-whats-been-forgotten-2012-11

 

Fiscal cliff explained in a simple movie

 

This should be an interesting read; the IMF reports on the Spanish banking sector

1.     http://www.imf.org/external/pubs/ft/scr/2012/cr12318.pdf

 

Talking about cool video’s: Milton Friedman addressing a student (back in the 70’s) is a must see! And no, it is not Michael Moore (thanks @WouterLeenders for putting that straight)

·         http://unlearningeconomics.wordpress.com/2012/11/27/milton-friedmans-distortions/

 

Japanese stocks have been on fire lately, with the new elections coming up. It is not the Japanese fund managers who have boosted this rally though…

·         http://www.reuters.com/article/2012/11/29/us-funds-poll-japan-idUSBRE8AS05720121129

 

Interesting: the bank debt market has started to come alive again

·         http://ftalphaville.ft.com/2012/11/28/1285383/european-bank-debt-is-attractive-again-but-not-that-attractive/

 

The student loan situation in the US is worsening…

·         http://www.nakedcapitalism.com/2012/11/escalating-delinquency-rates-make-student-loans-look-like-the-new-subprime.html

 

…and the returns (for students) have been declining…

·         http://www.businessinsider.com/growth-in-college-tuition-vs-growth-in-earnings-for-college-graduates-2012-11

 

Ah, a book… uhm ‘review’ on Taleb’s latest book: “…he is prolix, pretentious, petulant and clueless…”

·         http://falkenblog.blogspot.nl/2012/11/taleb-mishandles-fragility.html

 

Interesting chart showing police abuse for various countries. Don’t be poor in Norway, is my main takeaway…

·         http://www.zerohedge.com/contributed/2012-11-28/americans-have-less-access-justice-botswanans-%E2%80%A6-and-are-more-abused-police-ka

 

And we end with an Article 4 consultation on Mexico! Over 40 pages full with information on the country

http://www.imf.org/external/pubs/ft/scr/2012/cr12316.pdf

 

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