(1) Whose Housing Recovery? We’ve posted our March/April cover story–another great piece by Darwin BondGraham (his third cover story for us). Find it here. See my last blog post for the background behind Masheka Wood’s cover illustration. (Darwin pointed out the resemblance–accidental I’m assuming–between the moustachioed guy in the pile of cash on the left and PIMCO chair Mohamed El-Erian. He doesn’t seem like a bad guy, for a Master of the Universe.)
(2) Capital Controls: Our January/February 2013 issue had a feature article by Armagan Gezici, “The Return of Capital Controls: In the midst of economic crisis, developing countries cope with huge inflows of capital.” (It’s not posted online; to get a copy, order back-issues here.) Paul Krugman’s column the other day, Hot Money Blues, covered some of the same ground, in connection with Cyprus’s woes.
(3) Speaking of Cyprus: On Cyprus, Naked Capitalism’s coverage has been great. Especially interesting is that they have challenged (here) the notion that Cyprus is a tax haven, but rather a low-tax jurisdiction, much less shadowy than e.g. the Caymans; today there is a great post by Yves Smith, in connection with Russian oligarchs parking their money in Cyprus, Why Does No One Speak of America’s Oligarchs?
That’s it for now.