Best links of the Web: 13-03-25, nr 738

Good Morning. Always look on the fun side of life…

http://www.zerohedge.com/news/2013-03-23/if-cyprus-really-wants-be-next-iceland

(and here are some more cartoons on Cyprus) (via @leonmwc)
http://www.zerohedge.com/news/2013-03-22/cyprus-cartoon-catalog

Surprise! They managed to eek out a deal on Cyprus after all. And the good bit: parliament does not have to vote on it…
http://www.ft.com/intl/cms/s/0/03c5e484-94ff-11e2-b822-00144feabdc0.html
http://www.creditwritedowns.com/2013/03/cyprus-bailout-deal-terms.html
http://www.businessinsider.com/moodys-cyprus-could-still-default-and-leave-the-euro-2013-3

So much for Cyprus: let’s start the week by running through the most important things that popped up last week!
4l4qbkW-Rgr4DWru1OGId7Q-zEjCI-8oJh5mec1CrIgg5kpbxTgl5VQpx5zLj-sSdpBaoYHNp0N3omxoYN8XydxoXxpXCQypYeYakXbaN5dvI2oxCxwZNKl5nw
https://lukasdaalder.com/2013/03/22/best-in-economics-this-week-march-22/

It is difficult to claim that Cyprus came as a complete surprise…
KSBBqNfxiIMk9aamOVqDHy9-GHgwWvKBe7s2qthbuGO7aDR6OQ3hN5cNIXrpHZTSFJV-ip1RgQVKYX5DTIYSeX03us1BDxun05PmlasjtV65l_Xu0FEulh-fYw
http://www.zerohedge.com/news/2013-03-22/waterfall-reality-visual-history-cyprus-credit-rating

Impressive chart showing the steady erosion of wage power for the unskilled workers
N_XdMckWzrpzqUWoPRAyBmjDN3zsY-Zjiy13tK3JdE6CifZW5GavoUxJDHmk-_KGh2s0M5Y9gssz8gVAVXPgTmhPSLlfdwk60Ncuz15hpoj3X9Ch_IaQCVh2uA
http://www.ritholtz.com/blog/2013/03/looking-at-wages-relative-to-gdp/

Pretty upbeat assessment on the US economy by the Dallas Fed
na1MFA4PnxuLjcXzKgrPwM-j8vi1CmA435vUCWMdR4z-q4b6pgWxtNAtynRrG4PzmLmaGttX6yvLuTuMZY0qVBxNQOeVRidaDrkfJcdtZ-oWUo3hxhgspZ8KDA
http://www.dallasfed.org/research/update/us/2013/1302.cfm

How much deleveraging has taken place during the last 5 years?
_LQB2cx-hpyQPzjiBjJ98HE07DtuowGAr3_cqqlggowxegVNnfZVYCcmT_9_0ldOCTvO4P7debmGyGHEAWsgyXF8R3o9aYOg_z1xmE_JK7LR8oN8BX0X14WUDw
http://www.businessinsider.com/leverage-in-the-western-world-2013-3

I have shown this before, but it is still remarkable: mileage driven in the US continues to decline
KCGPGWumcs9QgvcKUMwqVVQl690unSwqTu-PvOqlTrqg891zj5vQyBjvySrcEPLquZvqjqAg8Ahq5uy9GWOwlPOC46LK39PpGucDKrsTlVE3qiy4H4IkdG3l_w
http://www.businessinsider.com/vehicle-miles-driven-2013-3

And this is what last week’s PMI’s showed for Europe: France continuing to lag…
http://macromon.wordpress.com/2013/03/22/weekly-eurozone-watch-euroconfusion/mar22_ez-pmi/

And what’s in store for the week ahead?
http://blogs.ft.com/beyond-brics/2013/03/24/week-ahead-25-29-march/
http://www.calculatedriskblog.com/2013/03/schedule-for-week-of-march-24th.html

A complete overview of all previous editions of Best of the Web can be found here http://tinyurl.com/c8ge4c5. All links provided are collected from public websites, unless otherwise specified. I have not checked the data or information for accuracy used, and therefore do not guarantee that all data provided will be 100% correct. The links provided do not necessarily reflect my personal opinion and should be seen as general interest: oftentimes I do not agree with arguments presented, but nevertheless think it is worthwhile to read them. It is up to the reader to make up their own mind. Suggestions or discussions are more than welcome. Do not quote unless specifically cleared beforehand!

 

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