Sunday, October 25, 2009

Late Weekend Links

  • Wolfgang Munchau in last week's FT explains why the markets are in a bubble, why bigger problems lie ahead and whether governments attempt to exit their stimulus packages or stick with them
  • An interesting article over at Seeking Alpha on India targeting poor consumers and reverse innovation
  • Another Seeking Alpha article on investing in water and the coming global water shortages. I've written before about potential for increased tensions between China and Russia; the author of this article adds another angle to matters: I’ll go further and speculate that the next horrific war, and the one the United States would be wise not to meddle in, may well be between two superpowers, China and Russia. Here is the amount of Internal Renewable Water Resources (IRWR) that China has per capita: just 2,173 cubic meters IRWR per person. Russia, on the other hand, with 1/5th the population (and declining), has 30,001 cubic meters IRWR per person, nearly 15 times that of China.
  • Business Insider on why the USD will remain world reserve currency for some time yet and why talk of another currency or basket of currencies taking its place is way too premature
  • Crossing Wall Street points out a Norwegian tax policy that even Helengrad wouldn't have pushed for - I wonder if Norway could've done this if a full EU member?
  • Transcript of the FT's George Soros interview from Friday
  • The world will have to find four Saudi Arabias by 2030 if it wants to maintain its oil dependency, the International Energy Agency says. The article continues at The Epoch Times. Yet another Peak Oil supporter
  • And Art Cashin being interviewed on CNBC - he gives views on the USD, world economy, China and why he believes in the double dip:



  • And for something completely different. . . . Pomplamoose covering Beyonce's Single Ladies. This is rather clever. Via Kottke.org

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