In a Land of the Aging, Children Counter Alzheimer’s New York Times
Israel police under fire for abusing east Jerusalem children Agence France-Press
Correlation Does Not Equal KochNation Marcy Wheeler, FireDogLake
Next Up: a “Flat Tax” for the Rich Michael Hudson, Counterpunch
Australia’s Senate Passes Telstra Bill Wall Street Journal. Telstra brought this on itself by behaving like a bullying monopolist.
Destination Inflation Andy Xie, Caixin
Chinese inflation and European defaults Michael Pettis. Reader Swedish Lex concurs with his analysis of Europe.
Family’s Fall From Affluence Is Swift and Hard New York Times
Investors wonder: Is the stock market rigged? Associated Press. The MSM is waking up only now?
Rally in Technology Shares to End of Year? Ed Harrison
Banks hope to buy off curbs on bonuses Guardian (hat tip Richard Smith)
China, Russia quit dollar China Daily. Not as earth-shaking as the headline suggests, but still significant.
Assets matter just as much as debt Martin Wolf, Financial Times
€9.5m Donegal property development receives one bid at auction – for €5,000 Guardian (hat tip Richard Smith). Ouch.
Who bankrupted Ireland? David Malone. From last week, but interesting nevertheless.
Shadow banks, shadow sovereigns Joseph Cotterill, FT Alphaville
Eating the Irish Paul Krugman
Antidote du jour (hat tip Richard Smith):