The Mess That Greenspan Made - Part 12

Monday Morning Links

MUST READS
Get ready for a new Greek drama – CNN/Money
Eurozone on brink of crisis as snap Greek elections loom – Telegraph
Could the Great Oil Price Crash of 2014 Be a Disaster in the Making? – NI
OPEC must defend income of its members – Algerian energy minister – RT News
OPEC’s Export Revenue To Plunge From $900B To $450B – Daily Finance
China’s Censors Take Final Step in Blocking Gmail – WSJ
Crackdown on Christmas Celebrations in China – CNM News
Prying Eyes: Inside the NSA’s War on Internet Security – Spiegel
2014: The Year of the Pointless Freakout – Fiscal Times
And the Big Winner of 2015 Will Be … – Fiscal Times
The bubble that lurks in 2015 – MarketWatch
The Obama Recovery – Krugman, NY Times

MARKETS/INVESTING
Stocks: 3 things to know before the open – CNN/Money
Supply, demand and the price of oil – Econbrowser
Ten Investing Facts of Life – Bloomberg
Japan marks 25 years since Nikkei Average’s peak – MarketWatch
For 2015, investors expect more stock gains, cautious about Russia – AP
Treasuries Rise With Bunds as Greece Faces Fresh Election – Bloomberg
Gold edges lower as markets digest Greek vote – Reuters
German central bank: We’re still taking back our bullion – Mining.com
SGE Withdrawals A Whopping 61t In Week 51, YTD 2016t – BullionDesk
HSBC: Gold Market Still Vulnerable To ETF Redemptions – Kitco

ECONOMY/WORLD/HOUSING/BANKING
The Big Economic Unknowns of 2015 – NY Times
Simple Economic Growth Won’t Fix the Middle Class – RCM
Which Growth Rate? It’s a Weighty Subject – NY Fed
Japan Approves $29B Spending Package to Boost Economy – Bloomberg
Economic history: Germany’s hyperinflation-phobia – Economist
Russia shows first sign of recession as GDP contracts – BBC
China Gives Up On Housing Bubble – Forbes
UK housing crisis: brick stocks hit record low – Telegraph
10 states missing out on the housing recovery – USA Today
The Federal Reserve Publishes Another Paper on Bitcoin – Coin Telegraph

 

Let it Snow

From this item at the Weather Channel on the Top 100 Photos of the year comes the image below depicting how “lake effect snow” around Buffalo can make life  interesting.

Of course, that first stop sign was probably pretty interesting too. More photos from the massive snowfall last month can be found here.

Let the Present Opening Begin

You Better Watch Out

It’s always good to hear this one around Christmas time…

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