Best of the Web: 14-06-06, nr 1009

Good morning. Yesterday’s big news…

http://www.businessinsider.com/the-ecb-makes-interest-rates-negative-2014-6

And here is the reason why….
EjtMeaVw7RAsKTPfM2-gW-yx7CK77kqwt5HFA7e7CXsLKpRB0RbJwk4uFtMqhXMcOVTCJyiNBu4OAiqCvPIMBErsBXtYBSo08Rt3IIZT54ieXiR5QpXw-gFYEaRp9gkUYw
http://www.ritholtz.com/blog/2014/06/10-thursday-pm-reading/

Interesting: “ Did Bitcoin Just Have Its First-Ever Reaction To A Central Bank Announcement?”
6S_f_aJFLt82Jt2iypxZh3uMPZd6Mujpt3N8oEB2hVAoKXt78rBDzX9bKwU7HWvNtSpUM8wY9A6AlHsC6k0xMcq8eEWM_A7OYHt77awOjI50uVtldTCdh6E-NIrWRY8Eag
http://www.businessinsider.com/bitcoin-jumps-after-ecb-2014-6

Very cool interactive chart from the New York Times on how the crisis has impacted the economy (via @Tilly_Kammeron)
uWW9V7TaRcbJZln_9DgO80npdKQGwP6H5vCUUbtgSxNmT6eiwE5r1KUZSFpbWxFnVqjqwFbz_y64VduCKopoBNEKe14xaFg7be9jfckFfocmz8UN9MUVUoJqtgi_ven0Zw
http://www.nytimes.com/interactive/2014/06/05/upshot/how-the-recession-reshaped-the-economy-in-255-charts.html

On the bright side: both Switzerland and Germany are doing ok, right? (paywall)
vrKxJPl3DprCT07NBfbqCY7-nW1ZftkxsDmdLQhwE8dBcOFN_C22s6UM-SqiDpXF5-ILwN2H-LWB2c1d7bcwGghXBJPWNxRG60kvvBo1SRvbLd8N6MLlL00oD7Ag7TN3pA
http://www.economist.com/news/finance-and-economics/21603448-return-old-relationship-between-asset-prices-land-falling-yield

Extreme poverty has declined steadily over the decades (but has remained stubbornly high in Africa)
gpjcRmngkN9rrFskRoE6R_aTp0PmQry9e0ZfOiw6Nv3Ucsmx4hJi_WkuzESj_TP-o9G1sdHqI64WdP1CXltYCiGMuhOVFnK1HXYtbCdd62qg_W1vq48l75s3PWhc56dpGw

http://priceonomics.com/extreme-poverty-has-dropped-in-half-since-1990/

Wealth hits a new all-time high in the US. Not all enjoy the ride…
RXDQD_WwRuBbUY4D0Ym17aM53u30qEOPhfJeRkMt-szcBAur0TOYwVOS1ouyKll-jHkmg3awaPNyqFzFinR5K6ieckQVgIuBKB2muF2OQmxvIIl_PFgp7TAr9WGN2Bi4hQ

http://www.zerohedge.com/news/2014-06-05/rich-get-richest-household-net-worth-rises-all-time-high-courtesy-67-trillion-financ

I don’t think it is of any use of me, but here you go: Capital (controls) in the 21st century
A0IYIQVQiyaJscJ2t0UtutgA-F8aMT4rwUCrYhldbjfpIh0V26cRXUOtwTaX85m88zwGOOgcdVIrfx6YTgqdSewF19KGG67gfhxCWZxOUAvgTcGo9mhfL0CCOaY_RDbKZw

http://www.voxeu.org/article/capital-controls-21st-century

Somehow, I seriously doubt that this represents the true feelings of europeans…
9lk7HAMmbOwjD8EAC2URCL-n1650tIuzGo1iOooWCqixOWSUshUvbRV-IUJchtyvT7RjH3LecPO4cmxBPjXBOGrMy2JhStvsm51YiS8a0XNGYb43bIR-SpSsU21yyH9Jhw

http://www.project-syndicate.org/commentary/daniel-gros-rejects-the-view-that-the-european-parliament-election-amounted-to-a-rejection-of-the-eu

 

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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