Best of the Web: 14-02-13, nr 936

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…
Bjo2ihyk2Ukvy7zcqNW-TppI1zVZ7L1zqR4Q4gAX3acWEMBZxQ5Bamz-hPe73Xgu3ivniwCS7KOHGEfsB31ttm4PKyKaScjKKnvEzvHPi4WLItB5vOaorQNwtg
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:
oYS8qEWOinFR_82VTfg_mHg46NJBNLKQC_alhRR8I5ZiEjItpUJHmBj4wegOP7CAtwktxte4Mo1L6M16yHZjB7SFHWawOi3y92P5VMeF0uxFuP4xTV731afuYg
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?
5m8rw5W55yKd2LXtVx9CGYbZqPnz4DcFDnP8M04iq-XjYszkHaIzohFoP8essnN1axFgq71fNJHK1KryANF1YNXhKDsz9yrrCPqbngk4eqnp7_2v3SjdPJqZFg
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! ?
-ZTs4ZJWIDS439zu4JG7vnjyP4-3J7xfWm0v8gvgV_9RkRky2DiLkVDxzjftfiYRe5U9qPljT_TFPEQumury2UrNqIIFXbxHINzb8gf8OSE470Ci33edB25uRg
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”
epRY5Zp64deEkBbgouZPOKJq3Qj0di8xBgf0yE-kG9ypb-u9-NcRw0bKiSbxU5FPbdZzS15fdkC0W4yC_pVEvxxf1pNLYQmUDNRPXRkZ07-0xKT3gnxw68O0dA
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.
YET_297B50IbkcgNocfFiT9eMxJm4v0GWO0UJRnBdkJkBkILQ0L_UBjF24MC8gVpCYwLYKxSZd0oyWAdxP7zP2AUmob9yOIevTxT2YYDhRa0RMJ1poTb-9-rsA
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
mAt8phhPJRCci66-WeU0KmVf_-NbjXQyeJ5NGnsp5mrX0S6jorpurEnFVwYwzlPRmdhfwlT2a-IeTO457-Q4ybPjRoWQvD-prXcbfEBD0q0iy8MO2Yj_kLut_w
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!
BObOUAkC4mlBfTczkMkrvihAbrlE8oK0yEhRWrLFhEvN4KBK1D44oDgr4sOykId_fUtOcnfHi_5w61Ai50O4uAmvYVdJeEvbsm5ph-gyg6dzffiq5BlXY-SFTQ
http://www.businessinsider.com/annual-emerging-market-country-returns-2014-2

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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