Money & Markets – Week of 02.16.14

“The Pig In The Python Is About To Be Expelled”: A Walk Thru Of China’s Hard Landing, And The Upcoming Global Harder Reset
Zero Hedge | 21 February 2014
By now everyone knows that the Chinese credit bubble has hit unprecedented proportions…

IMF Calls for Indian Emergency Rupee Plan in Taper Warning
Bloomberg | 20 February 2014
India should prepare a plan to respond to volatility in global currency markets…

How Would a U.S. Bitcoin Transaction be Taxed?
AICPA | 19 February 2014
Overstock.com, the Sacramento Kings and a few countries have all taken positions on what they will do with Bitcoins…

How the Feds Can Take Even Legally Earned Bitcoins
Bloomberg | 18 February 2014
If you are paid in cash for mowing the lawn of a notorious drug dealer…

IMF Warns G-20 of Deflation Risk, Emerging-Market Turmoil
Bloomberg | 19 February 2014
Risks of prolonged market turmoil in emerging markets and of deflation…

Bitcoin’s Largest Exchange is Dying. Here’s Why That’s Not a Problem for Bitcoin.
The Washington Post | 15 February 2014
The Japanese exchange Mt. Gox has long been one of the Bitcoin community’s most prominent institutions…

“Soros Put” Hits Record As Billionaire’s Downside Hedge Rises By 154% in Q4 To $1.3 Billion
Zero Hedge | 17 February 2014
A curious finding emerged in the latest 13F by Soros Fund Management…

The Middle Class’s Missing $1.6 Trillion
Reuters | 13 February 2014
The United States was the world’s first middle-class nation…

Banks in London Devise Way Around Europe’s Bonus Rules
Dealbook | 13 February 2014
A battle over banker bonuses is building in this financial capital…

Credit Reports on Consumers Widened to Cover Late Payments
The Guardian | 17 February 2014
Just one late payment on a credit card bill, house or car loan, even by as little as five days…

UK Fraud Agency Charges Three Ex-Barclays Bankers Over Libor
Reuters | 17 February 2014
Britain’s fraud agency started criminal proceedings against three former bankers…

Free Exchange: Massive Open Online Forces
Bloomberg Businessweek | 06 February 2014
The rise of online instruction will upend the economics of higher education…

Job Creators No More
Bloomberg Businessweek | 06 February 2014
For years, American small businesses were seen as the engine of economic growth…