Readings: Spending, Cars, CDS, Sex and Current Account, Shale, Oil, etc.

• What we Spend our Economy On (Source)
• Vehicle Sales: Fleet turnover increasing (Source)
• Credit Default Swaps and the Empty Creditor Problem (Source)
• A Sexual Model of Current Account Imbalances (Source)
• Shale gas will change the world (Source)
• Hedge Funds Sell Crude Fastest in Eight Months: Energy Markets (Source)

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