DPC Times Square seen from Broadway 1908 • JPMorgan CEO Jamie Dimon Warns ‘Something Is Wrong’ With the US (BBG) • US Housing Boom Is Anything But as Ownership Loses Appeal (A. Gary Shilling) • Young Americans Are Killing Marriage (BBG) • The Comex Is The World’s Most Corrupted Market (IRD) • The Real Russiagate (Paul Craig Roberts – Michael Hudson) • Fed Leak Probe Dooms Lacker But Leaves Key Question: Who Leaked? (BBG) • I Tried To Ask
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Esther Bubley Child living in alley near US Capitol 1943 • Living Standard Will Fall Without Productivity Boost, Warns IMF (G.) • 67% Of Low-Income Americans Worry A Lot About Hunger, Homelessness (ZH) • The Issue With China Isn’t Trade, It’s Excess Savings (Pettis) • Toronto Bidding Wars So Fierce That Homebuyers Skip Inspections • Can Housing Bubbles Be Stopped? (WSJ) • Cernovich Explains How He Learned About Susan Rice (ZH) • The Deep State Now Works For The
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Paul Wolff Frankfurt Opera House 1934 • ‘Buy Property In Sydney And You’re ‘Pretty Well Set For Life’ (WS) • Sydney Property Prices Rise Almost 20% In Past 12 Months (G.) • Australia Sticks With Blunt Instruments To Battle Housing Bubble (R.) • A ‘Sleeping Beast’ In The Markets Is About To Be Unleashed – SocGen (BI) • Commercial Real Estate Is The Next ”Big Short” (F.) • Euro Is A ‘Knife In The Ribs’ Of The French Says
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Vincent van Gogh Corridor In The Asylum 1889 Nicole Foss is in Christchurch, New Zealand right now for the Living Economies Expo, and sent me, I’m still in Athens, Greece, a piece written by yet another longtime Automatic Earth reader, Helen Loughrey (keep ’em coming!), who describes her efforts trying to find a rental home in Fairfield County, Connecticut. The first thing that struck me is how effortless and global sending information has become (category things you know but
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DPC Gillender Building, corner of Nassau and Wall Streets, built 1897, wrecked 1910 1900 • Why Trump Won’t Cut Taxes (Stockman) • Collapse In Demand (Fear) • Iceland’s Jailed Bankers Say They Were Scapegoats For Financial Crisis (AFP) • Blaming Russia for Everything (Robert Parry) • EU Offers Spain Veto Right Over Gibraltar After Brexit Talks (R.) • The European Union Lays Out A Greek Trap For The United Kingdom (Coppola) • Theresa May May Have Miscalculated (Varoufakis) •
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Claude Monet The Pond at Montgeron 1876 • Boaty McBoatface, or Don’t Listen To The Public -BoE’s Haldane (Tel.) • UK Households’ Savings Fall To Record Low (G.) • Multiple Bubbles Are Going To Bring America To Its Knees (Lang) • Ports In China Have Enough Iron Ore To Build 13,000 Eiffel Towers (R.) • French Banks Posted ‘Multi-Billion Euro Profits’ In Tax Havens (F24) • European Right Hopes Macron Will Save France (EUO) • Racket of Rackets (Jim
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