Best in Economics this week: November 10

Greece and the euro…
TzjU-qj83Yprnl1LIyRphK7cCN5ZayfiBQ2nVmqGo4D5kwT3F9yRO-zqaQ3k5bRXbFaPiXrcn1yi49KdQOXy0Z6zZWG100hEWWg5PndAInyhUEwkXAjVXCnnqYyR_mthvBfycqsX

https://ftalphaville.ft.com/2017/11/07/2195603/greeces-membership-of-the-euro-is-still-tenuous/

Germany’s output gap has been closed already
iJGS9cBwHYWecHsDI-ajaeEaYO8Cqpqqe52ybUDuqcE6KBDlMUDlg1PjOIJ7GZzvWqTOPcTOqNN3SCv8tUAoTU-DRu8W_WT8mknNHDM1eBIbK4fo9c6l2_-Q-QoZ48ykl9HhGI8M
http://www.businessinsider.com/ubs-inflation-is-not-dead-just-sleeping-2017-11

It’s the millennials!!!
eguBxA_KBYix188Pl0rgMLVdoarCVYI4jesl_5AD8FKn2_VMEs3EaznAbWtMVdCjvkUwqrCevVgzevEjZz8geAI5SaPDBJv9an6HPfG6sela6amM0zS88baoF_7WzCyU9rx5A5pm
https://www.businessinsider.nl/record-american-vacations-highlight-big-market-risk-2017-11/

Interesting idea: what the Asian crisis and the Euro crisis have in common

gvQ8_OOwY3YpuYdydViut3O47G8eOSW-TIZRhtrMVbtJ0Y2hB8VnAFHjgJu3V830Cc0JKmBMLfmPA9ouD6Bp7aplEtEpWr0JkK69g1ktFxg6fXbh3Hf2RrQXEBG5xfHnSW1Fgfvw

https://ftalphaville.ft.com/2017/11/08/2195596/european-leaders-seem-to-determined-to-remake-the-global-savings-glut-on-a-massive-scale/

Consumer credit in the euro area

aHU3dwv5gx_JYWt31W9GP9J0MCa00WKd4kYnOuH1q0HrH6BmtXPVmvyHns79gXe6vvl-v6ecua5axxC_zu9xwh2gk27LgVZZ-T9dcABuAA8Q-mq8fGmRubyaZytnsJqwbIOaBARe

https://www.ecb.europa.eu//pub/economic-bulletin/html/eb201707.en.html#IDofBox3

Brueghel on the Eurosystem – “Too opaque and costly?”

FKb0uhxNAyDfzN2nWPHphJ4hLN98WXlfbGUcYlMfkJe5bkGwGJ8vNn9n5qBHmUL-th9okdCEO-Z5Ju8lH1cRFp3tgJD_NYX3rrr4OFMP0XPbv6stb0EwznwYRu48O3eJ8-3dC2FW

http://bruegel.org/2017/11/the-eurosystem-too-opaque-and-costly/

The lack of electricity in Africa

Wts5uYfkxHxhzvrQNry4xm4ZiSOI9A8xtY83XfB7xOqgF0FEtqVzzYoyoBVpog12dqYMNW4JdhyyFrBtwL-EOIhjyfLd9uzcWaTuAMawTuHRF2vU7aAGIZ3nzQt_VaQXgUrB5Vhk

https://www.economist.com/blogs/graphicdetail/2017/11/daily-chart-5

Say What?

IzZ3-Z_o1vPPXhvTTbeJ5EMjx903ZAR6rK3e5d_pXGKFmI7lsAUmUoB0FdT3v1Kmo5IjsTQLVGlUrbK_NPC1AVnHznjrdri-QbHM5ysA8vVXdhj9yh1SpDZPMDLF7SMWFdYwNhM1

https://motherboard.vice.com/en_us/article/ywbbpm/bitcoin-mining-electricity-consumption-ethereum-energy-climate-change

There goes London

zfHkxuiJDZEz_iyRCjYWV44OaynGjz9nhKPXdZLzMIRAuWnQPK-HKKWseuGDDalwv1yJB4Y3jsw7j2uXD8Kyc2iC3KCJFqRHvZapXDYjDIkdCkHOtFoKaS81iHwiadJ4A7O6b5rK

http://www.businessinsider.com/rics-london-house-prices-are-falling-2017-11

Saudi change

yr2vGw0HkvdtZI9hziYtxcYRvbfyBWzcnq4H9ZO6Xh2CbYtqYUOQwISGjbsn3aPKgf0EKuHcW8sJHJa243bH1Z56EXp-TV3h9_DAnS_TArtwBju3k6OVu0mfuDLBd1Or_LLe7wfD

https://www.businessinsider.nl/saudi-arabia-purge-corruption-probe-power-consolidation-2017-11/

Something that is expensive, will yield lower returns. For real.

sQadB9ARlXnH8Gbw1E3CHtnX8AgP0Ov3bRaa14vJcmW_AVwkBift0C1LxxirhGWfVijQ5zIZ-TUbj3-1Lbr48mGOd330LT1ymgpixCDx-eCiSbN1C_CeA5MKz42rGhC27dOqY-x3

https://www.economist.com/news/finance-and-economics/21731127-favoured-market-ratio-not-much-use-short-term-indicator-equity-valuations

Brilliant chart taken from the UBS 2018 outlook document (no link, sorry)

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Russia during the communist period (and beyond)

EOoyz4ldiTwhwv6VMRWmyOh8-zBIFSMF8IIAhGTGSEfsrVJ8YQW9bkhM0hosmdwQPOLUtZokeZr93gT4WM4kA3dGW7BX7mDOU2Pb_XkGDIV4ceQXXHVnmGi2FTz8e2t6RobYLu4f

http://voxeu.org/article/soviet-economy-1917-1991-its-life-and-afterlife

“…unless somebody does something dumb” Now, who would be doing that?
vJTHFbfCUK6iEjnpRGlF_B3Lr4qC1NQNqRU_RI7g6jxsKnJ5kOKxveVQRwZXCkCOKmGV65Alm9l50zhmQ-7_tZOBlfCQ877S1KxxLoLfD5XZyC-7_9kmWx_2h_KgxngIXTCP2Vsy
https://www.bloomberg.com/news/articles/2017-11-02/the-global-economy-looks-good-for-2018-unless-somebody-does-something-dumb

 

A complete overview of all previous editions of Best of the Web Weekly Economics can be found here http://bit.ly/16dkN6i. 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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