Good morning. And even more maps of the world (or how it used to be). I guess ‘free’ meant ‘up for grabs’…?

http://www.washingtonpost.com/blogs/worldviews/wp/2013/08/12/40-maps-that-explain-the-world/

“How Badly Flawed is Chinese Economic Data – $1 Trillion and Over Hit to GDP” Study claiming that Chinese inflation has been underestimated leading to an overestimation of real growth…

http://www.scribd.com/doc/159966243/How-Badly-Flawed-is-Chinese-Economic-Data-1-Trillion-and-Over-Hit-to-GDP

Krugman on the Netherlands and Belgium. Not very convincing, if you ask me, but hey, who am I?
http://krugman.blogs.nytimes.com/2013/08/13/a-tale-of-two-flat-countries/

Some worrying charts by Deutsche Bank on the rise of debt-financed stock purchases and margin debt calls

http://www.zerohedge.com/news/2013-08-13/deutsche-bank-hopes-not-all-margin-calls-come-once-case-sell

All of a sudden everyone is revisiting the Great Stagnation again. Here’s a piece from JPMorgan on lower potential growth in the US

http://www.businessinsider.com/us-potential-gdp-growth-lowest-since-ww2-2013-8

The US is reducing its government deficit the popular way: by growth

http://online.wsj.com/article/SB10001424127887324085304579008922578996940.html

Another 5% to go and the US is in the number 4 spot! (and I don’t dare to look where Europe is…)

http://www.ritholtz.com/blog/2013/08/bull-rallies-without-20-corrections/

Specially for the contrarians: sell US Discretionary and buy Emerging markets!

http://ftalphaville.ft.com/2013/08/13/1600932/crash-test-dummies-and-fund-manager-surveys/

Ok, I know, we are getting the message of divergence in Euroland already. But still…

http://www.zerohedge.com/news/2013-08-13/picturing-dis-united-states-europe

Interesting chart showing that getting the Nobel price – on average – means you have peaked. Hayek was different though (see link)…

http://www.economist.com/blogs/freeexchange/2013/08/nobel-prize-economics

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