Best of the Web: 13-04-11, nr 749

The US Federal budget: where is it all spent on? The second link is more useful for the 2014 budget
http://www.ritholtz.com/blog/2013/04/2012-federal-spending-where-your-income-taxes-went/
http://www.washingtonpost.com/wp-srv/special/politics/presidential-budget-2014/

 

Much ado about those ECB wealth numbers that were published on Tuesday
http://ftalphaville.ft.com/2013/04/10/1454022/whos-the-eurozones-poorest-really/
http://blogs.lse.ac.uk/eurocrisispress/2013/04/07/selective-truths-and-spanish-riches-the-bundesbanks-study-on-household-wealth-2/

Interesting chart on the US unemployment rate, except that I cannot find the various definitions or source…
jo1TM0-mguM16sKIAmsb0XlHOMFMf5fIVswo3lqLiLlRmAoWe85mhzGbFVp5nply-Qdby8l4B42-946SPo-yjDDkQngsT_tE_IP2hFLlfNr2CFbuvZ1C2rojkw
http://www.washingtonpost.com/blogs/wonkblog/wp/2013/04/10/the-12-million-losers-in-obamas-new-budget/

Cool chart, but how many AAA companies (let alone bonds) are there…? And back in 1930?
EiYEN73-ejLWouBsu-XxuJrEbnrSv5jhO6_K5zDleeej5hWkG3HF6RDPz3oZGY7HEd8yPx7IGEXx5DBJqDauCysuielDPUeg3-Gvwyf8_xVfCmMalH41XsEexQ
http://www.ritholtz.com/blog/2013/04/corporate-aaa-yields/

 

This is supposed to be worrisome, but to be honest,I am not certain what I am looking at…
wAj7JPQUNi73wl4MXiRhOaFvrQdtCwuQH9cH9kYWVzfvBgtEbzj8yI-DD9PTGbK9HZVeoCqlHP7Md5DEb0s9fgGP_wQBonCOsGrXuW_lRwfpIyjFK79mmZ5OzA
http://www.zerohedge.com/news/2013-04-10/housing-recovery-shifts-contraction

 

All European workers are equal, but some are more equal than others…
yjNydiTPRgutVrVgHS-HqC2NVa3Eagd3v8-7IpoXIoIp4oZadD5SwwJp-P8bg2BOwAhDd2RCiWmmUD_u_VN0qygY5s86b2c41FaalVozHNfU-VlXZRKh4zGXLg
http://epp.eurostat.ec.europa.eu/cache/ITY_PUBLIC/3-10042013-AP/EN/3-10042013-AP-EN.PDF

 

Cyprus follows Goldmans’ advice and sells gold! (just kidding, of course)
http://www.ft.com/intl/cms/s/0/e0999506-a204-11e2-ad0c-00144feabdc0.html

 

More headwinds for gold: the Japanese are selling! (I can remember the fear of Japanese selling Treasuries as well, though: the impact was.. eh… limited)
DIlty3mCG4aAIysyii4ErNFBpHsGK1iwo4yjavmVbVuDX3OzNwbU35CLBc_GqPym_uRpMKkjFWb1BApVFhtX7ab7OzkUP5Qo-Hp1SXCZrsPdiVctope17GrDmA
http://online.wsj.com/article/SB10001424127887323820304578412283865306950.html

 

Look at those exports go! 🙂 (via @jsblokland)
kfTainhhQEZELqmLuQaXq513eUgy-03FBr3MrVL-ZUR4i8lbxl_0zsBTHu6NhteM4R6ia5IsTirfc3HXFnlKKhMlUUfAt7n-MoOR3wi_Ogpvw67GyhsbVSW2bw
http://www.businessinsider.com/chart-us-trade-deficit-with-china-2013-4

 

Of course, the fact it stops at 1989 is questionable, but interesting nevertheless: track-record on growth…
uMiqhnHvnJd99Bei7KXe_Gwd0xAa5wlOm5BucuQFQCSNR4m48EFdCzkqsGDavXD0GczwgTqb08QSROiFEguPldLqVbGpDD9zjXwtPU_VKfE3DguVwAE9a3ywQA

…and inflation of the various currency regimes…

joppCwUuiFawNdL8duH3sMJ6qCX7vp7I0yk-XAbY4l3TATY-w4F2Zwt39c8A2AMYuVcPITMmCNUhpWIz5FDAwCr3Y6CmtpB1lUw06ENS_NK8f8NlXnZOmckQkg
http://crookedtimber.org/2013/04/09/how-good-was-gold-compared-with-bretton-woods-and-the-float/

 

Hahaha! The Big Mac index (originally by the Economist) but now on the price of … The Economist!
w8nccnhAzDFy0egJwUAgAu_T362AQvvTb-u3iW2MQJ8z06DuWPqLeCqinVYTHcvXZsMWrH_A7sODkWolz0SXD4GW-7_KmXMqy00As3-vyv1JKVomZa9q_0GuwA
http://qz.com/72693/the-economists-big-mac-index-with-the-economist-instead-of-a-big-mac/

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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