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News Links: Need to Create? Get a Constraint
Need to Create? Get a Constraint | Wired Science | Wired.com
One of the many paradoxes of human creativity is that it seems to benefit from constraints. Although we imagine the imagination as requiring total freedom, the reality…
News Links: Spain becomes eurozone’s weaker link
Spain Set to Vote for Rajoy Cuts as Crisis Claims Fifth Leader - Bloomberg
Spaniards may hand the biggest majority in three decades to opposition People's Party leader Mariano Rajoy as polls suggest Europe's debt crisis will…
News Links: Euro Zone Bond Yields Fall, Futures Rise
Note: our fundraiser is halfway there. We have 50 donors so far. If you would like to donate to help Credit Writedowns upgraded its services, click here. Thank you, thank you, thank you to all of you who have donated. Your generosity is…
ECB backs a weekly limit of 20bln euro for SMP purchases ahead of Spanish elections
EuroStoxx 600 is off its lows but still down 0.4%, Asia shares mostly lower; dollar pares back gains. ECB backs a weekly limit of €20bln for SMP purchases; Malaysia reports robust Q3 growth. Looking at the four key drivers of dollar…
News Links: Japan’s Hidden Jobless
2011/11/16 00:43 - Japan's Hidden Jobless Hits 4.69mn, Worse Than After Lehman Shock
The number of Japanese that want to work but are not actively seeking employment has surpassed levels from after the global financial crisis…
Sentiment Deteriorates Further After Tepid Spanish and French Auction Results
EuroStoxx 600 is down over 1%, EZ bond yields mostly higher after Spanish and French bond auctions. Financial market stress (banking and credit) continues to intensify amid lack of progress on debt crisis. UK October retail sales saw…
News Links: “Little Startups Are Ridiculously OverFunded”
Sean Parker: "Little Startups Are Ridiculously OverFunded" | TechCrunch
It's gotten so bad that, says Parker, "Now institutionally-backed venture funds are backing other venture funds in order to stay close to the…
Contagion to the Core Raises Tail Risks
Overnight price action marked by choppy trading conditions; Most EM stocks and currencies lower, safe havens advance. North American session likely to focus on US data; Inflation expected to remain flat, industrial production seen higher.…
News Links: Merkel Urges Overhaul of EU as Party Votes to Allow Exits From Euro
Merkel Urges Overhaul of European Union - Bloomberg
German Chancellor Angela Merkel called for an overhaul of the European Union, advocating closer political ties and tighter budget rules, in her most explicit prescription for…
Policy Theater Intermission; Economic Concerns Return
Risk aversion continues to weigh heavily on equity markets and EZ sovereigns; Dollar mostly firmer across the board. EZ policy developments remain in spotlight with growth expected to slow; UK inflation moderates. In the North American…