Best of the Web: 13-09-30, nr 850

Good morning. Unbelievable that Berkshire is the biggest financial company in the world, nowadays…
http://www.zerohedge.com/news/2013-09-27/these-are-ten-people-who-run-world

The schedules of the week to come. If the US government stays open, that is…
http://www.calculatedriskblog.com/2013/09/schedule-for-week-of-september-29th.html
http://blogs.ft.com/beyond-brics/2013/09/29/week-ahead-sep-30-oct-4/#axzz2gLVMtqBk

Speaking of which: “Everything you need to know about how a government shutdown works”

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http://www.washingtonpost.com/blogs/wonkblog/wp/2013/09/24/everything-you-need-to-know-about-a-government-shutdown/
http://www.ft.com/intl/cms/s/0/f2a656fa-291b-11e3-ab62-00144feab7de.html
http://www.macroadvisers.com/2013/09/showdown-over-a-shutdown-the-gdp-effects-of-a-brief-federal-government-shutdown/

The drill, as we know it: all the best stuff we have found last week
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https://lukasdaalder.com/category/best-of-the-web/weekly-economics/

Some thoughts on the female to male earnings ratio in the US
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http://conversableeconomist.blogspot.nl/2013/09/at-least-its-not-still-59-cents.html

Presentation by Fed member Charles Evans on “U.S. Monetary Policy: Assessing Strategy and Effectiveness”
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http://www.chicagofed.org/digital_assets/publications/speeches/2013/09_27_2013_norges_print.pdf

Looking for reliable longer term forecasts for asset returns? This looks pretty spot on (if correct)
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http://www.institutionalimperative.com/2013/09/25/more-on-delusional-pension-funds/

The unlikely high payouts some of the CEO’s managed to secure in the past…

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http://www.economist.com/blogs/graphicdetail/2013/09/daily-chart-21

Rolling Stone has a lengthy piece on pensions in the US
http://www.rollingstone.com/politics/news/looting-the-pension-funds-20130926

Italian economy as the IMF sees it: 76 pages full of info
GamvaVYn6T9NMhPK8komMV4KTkHqpVwWqHqqc40__q72glRzVzS1OPfF0uSc-hHGypd-2JLqWTCZ9P3Ji3Ogkfn4wVAvPoooV_1b-l3oNOa84CkiCsuAM09z
http://www.imf.org/external/pubs/ft/scr/2013/cr13298.pdf

Taxes and revenues….
bRMdcqfL-6aLKINuX2wJQ1PTTveFnuwoJB7b6vQ_6-3rmtjkibER8bv08U-PofxCFa3Mh3rVnxtP2no5N02SEX8B8Z0M6LZhntt2azGB0-R1rJ0LuMn91pmyWA
http://www.businessinsider.com/map-of-countries-that-collect-the-most-in-taxes-as-a-percentage-of-gdp-2013-9

Cattle is causing global warming! It’s them cows that are to blame!!

0V5qYy7SnObThesKBnUOA5M65i07I8nsNh9_CZcCzkP8XWcj06mveVlw1fU-3aduhL2Bmwst0Mw0ZYJePPti_1r-FS9Cyz8JuIbsJfiHHSbQ52bgaskaHBRA
http://qz.com/128662/our-obsession-with-cows-is-causing-almost-10-of-global-warming-emissions/

Something to keep an eye on: covenant-lite loan issuance… (and more information for the credit market)
pfagX4scMmXqj5YkLyGjbHG6sy8G2f9FRci1pprq6DH6CkwlHvAgWZrMzk0i95y2a_yFUF7m4NY0T4YkpYtIFEtEX3COO_BfLHfjSM53ZjRCaO2HdR-4A_a8cQ

http://www.zerohedge.com/news/2013-09-28/its-pik-toggle-credit-bubble-time-its-different-says-moodys

Continues to be a swell experiment! Amsterdam failed the test, but not so much as Zurich.. (via +Annelouise Verboon)
E1tBAY0w5FNpthQogb18gjY--6zCMYVi2xJFM0zhR-dxETdOxHIFA23aRwD9jkvP5wWV2ftpRbgztURziPN5AFSWM7Z45LCg8nCzdXnv75K4sBlJFsvTBYWzAA
http://www.zerohedge.com/news/2013-09-29/mapping-dishonesty-world

A complete overview of all previous editions of Best of the Web can be found herehttp://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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