Good Morning. I would love to see this chart for Europe, the UK and Japan as well…
http://www.businessinsider.com/how-real-per-capita-gdp-fell-during-crises-2014-1

Some background on the supervolcano “This is something that, as a species, we will eventually have to deal with.”
http://www.bbc.co.uk/news/science-environment-25598050

Not so good news from China at the start of the year: services PMI tumbles…

http://www.zerohedge.com/news/2014-01-05/china-services-pmi-crumbles-2nd-worst-level-record

France is the new Italy. Two years ago everyone was indefinite zero growth for Italy: now it is France

http://www.zerohedge.com/news/2014-01-04/where-global-economic-growth-2014-expected-come-country-breakdown

Some words of caution…

http://www.ft.com/intl/cms/s/0/8f57cea0-6f0a-11e3-bc9e-00144feabdc0.html

Reinhart and Rogoff publish a new piece. Somehow, this chart on private credit in Emerging Markets seems a bit bullish though…

http://www.imf.org/external/pubs/ft/wp/2013/wp13266.pdf

By now, I am beginning to get a little bit suspicious of this continued decline…

http://www.zerohedge.com/news/2014-01-03/no-waking-draghis-monetary-nightmare-eurozone-credit-creation-tumbles-new-all-time-l

“5 Structural Reasons for Higher Profit Margins Read more at”

http://pragcap.com/5-structural-reason-for-higher-profit-margins

I guess I must have shown this chart before, but I think it is still an interesting one to look at

http://www.businessinsider.com/bernanke-on-fiscal-policy-2014-1

And the schedule for the week ahead!
http://www.calculatedriskblog.com/2014/01/schedule-for-week-of-january-5th.html

What is it US citizens are most worried about?

http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2014/01/third%20way%20priorities.jpg

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 Do not quote unless specifically cleared beforehand!