MUST READS Ukraine border guards to inspect Russian aid convoy – BBC Islamic State Said to Challenge Al-Qaeda for Leadership – Bloomberg End of the Wirtschaftswunder? Germany’s sudden slowdown – Reuters Policing Protests Like Soldiers Makes Everyone Less Safe–Even Police – Atlantic American Consumer Debt Declines for First Time In a Year – Bloomberg Study Finds Americans Plagued by Outstanding Debt – Fiscal Times Will subprime auto loans ignite another credit crisis? – MyBudget360 Why China Might Begin Dumping Its $1.3 Trillion Hoard Of US Treasuries – ContraCorner What Happened During Previous Reserve Currency Transition? – Economic Reason 70 Years Later – Warren Buffett’s Dad Is Proved Right – Zero Hedge Warren Buffett stock tops $200,000 a share – CNN/Money The Forever Slump – Krugman, NY Times Robin Williams Had Parkinson’s – Daily Beast
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ECONOMY/WORLD/HOUSING/BANKING 30-yr Treasury Yield: “The Economy Is Collapsing” – IRD ECB under pressure to boost growth, analysts say – BBC Is the eurozone being dragged into deadly spiral of deflation? – Telegraph U.K. Keeps Momentum in Second Quarter With 0.8% GDP Growth – Businessweek Argentina’s blue dollar market hits 60% premium to official rate – Sober Look Modi Promises Bank Accounts for All Families in India – NY Times Worries over China growth as July lending plunges – Channel News Asia Canadian economy added 42K jobs in July, not 200 as originally reported – FP Winners and losers in Canada’s housing market – Globe & Mail US homeowners stay unemployed for longer – Lindau Nobel More quantitative easing to come? – MarketWatch Asian Eyes on Jackson Hole – WSJ
