Best of the Web: 17-11-30 nr 1786

Good morning. Wondering why the German economy is strong? Maybe it is this?

http://www.oecd-ilibrary.org/science-and-technology/the-next-production-revolution_9789264271036-en

The A.I. report of 2017. On -surprise- A.I.
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https://aiindex.org/

The word ‘possibly’ sort of ruins this one…
exaDzxFFO5cEDmW0XeVlhK7tKJp6YAMSDxLV-QwQ3kiqbZ45fuSxAtqPW1mV1ssn7onqlUj9KRUSP02ZbrhLZo9x3vSqj0Le6b0rG1P7dh6qjuHiuvK_74z0rTAUeJrliRQpJ0ar
https://www.ecb.europa.eu//pub/pdf/other/ecb.financialstabilityreview201711.en.pdf

Say what?? “Goldman Sachs says bitcoin is a commodity”
JrPZY_wdNAyk9aYFSB1TyEhbI2XKOBSthgNxfdqSbV22LUPp9r_hE2-BCv1RiUonzMzt5nNBl-ALek0edgLKiKMlg5-SZIe35trJhpaqQSaXF3uDuNpfB9Rauwz_ngPccFfaBPam
http://markets.businessinsider.com/news/stocks/goldman-sachs-says-bitcoin-is-a-commodity-2017-11-1009967470

Some cool how-many-bitcoins-have-been-lost factoids
1JSnIHVOHSTIaYX6yUUIgBDekvmFEB5XaKW5O1QB4clW4pHILDpoTXYUSBlWMK755QmNdQr3aDabbARDMpBvJDcSAOt0gO_P8IxOb2wLv4aFnVRNnqdT5BkOni-6tK8EbF53Sx72
http://ritholtz.com/2017/11/lost-bitcoins/

Much ado about nothing, if you ask me. Certainly not a recession.
3y1zo-jzyltODhDMRGZbReqbcaOTP1G1ZjJSXsnqpBcF2r4hacHMCa0Xb2BN7y373QLq3G_nLVGK5a4PbLuUc-EL8oEw9owEPAGnwWfZaM6fxCfauvB1DVWHXgi57iSjlYGMAPPM
https://www.economist.com/news/finance-and-economics/21731850-difference-between-short-and-long-term-yields-its-lowest-decade

If you lower the ‘potential’ enough, the gap will be closed eventually
pW8wi5om4pifQyvJ2Sn_5aBDq4Wa9uep_7bGChEesTP968qnF77DVQsWEZae0m4wLxvRHteGzjkMXzLmvijx210nuXl_YssVhCw-qN55AS4MH_J3i9HL-aKocNs1_Z5tvjywTpIi
https://www.washingtonpost.com/news/wonk/wp/2017/11/29/tax-cut-proponents-promise-3-4-percent-growth-this-economic-milestone-shows-thats-nearly-impossible/

Cross asset valuation are at the highest level in years
Xd5gybIAH_MaJmfkhgwC2OSR3exlazjufMlGnsCki2qR2Uz1MGe-tIxfoy1SOCGhEfvfiActCBlGXYYw5XeT5lwmICy35S5lHyTgOaqfU9l4cqRb36uTrB038NzpZ5vosZawgaUp
https://pro.creditwritedowns.com/2017/11/we-are-in-the-most-dangerous-period-in-the-business-cycle.html

A bit of reading for those that think economic statistics are to be trusted at face value
WPr5TjZcLoZBYo-MxB770FY5jOQDmVHnpQ8wiwaQLfoJnEuS6xcl6u8FHYR0ozNQvar2FprnqVfLi8KSDMsrqeJMo1NZWbtyVqiZ1v9E7cb7Zb4bKCjf3Y_vPmWJfKhPi_-IZK0M
https://qz.com/1133984/the-global-offshore-system-means-we-cant-trust-foreign-direct-investment-figures-and-other-basic-data/

 

A complete overview of all previous editions of Best of the Web can be found here http://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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