Good morning. Who can spot the evil empire in this hilarious (and hugely flawed) clip on the Eurocrisis? (and since when did the Greek start drinking grappa?)
http://www.bloomberg.com/video/the-european-debt-crisis-visualized-iPA3~AbsSGG89LOGkkd~RA.html
Ok, so the whole world seems to be talking about this chart, showing the ‘scary parallel’ between 1929 and now…
http://www.marketwatch.com/story/scary-1929-market-chart-gains-traction-2014-02-11
…which is of course nonsense. The real like-for-like comparison looks like this:
http://www.bloomberg.com/news/2014-02-12/some-lines-say-maybe-the-stock-market-will-go-down.html
“There have been five mass extinctions in Earth’s history. Now we’re facing a sixth.” Now?
http://www.washingtonpost.com/blogs/wonkblog/wp/2014/02/11/there-have-been-five-mass-extinctions-in-earths-history-now-were-facing-a-sixth/
Question marks. I should start using them more! ?
http://www.businessinsider.com/global-economy-in-midst-of-3-step-crisis-2014-2
“Is U.S. Housing Unaffordable? It Depends on How You Chart It”
http://blogs.wsj.com/economics/2014/02/11/is-u-s-housing-unaffordable-it-depends-on-how-you-chart-it/
All you ever wanted to know about…. Israel. As told by the IMF.
http://www.imf.org/external/pubs/ft/scr/2014/cr1447.pdf
And while we are on the subject: this is what they have to say about Australia
http://www.imf.org/external/pubs/ft/scr/2014/cr1451.pdf
The updated ‘periodic table’ of Emerging markets. Ignoring transaction costs and currencies, you could have made 17.000% in ten years!
http://www.businessinsider.com/annual-emerging-market-country-returns-2014-2
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