News from around the web: 2009-07-27

A great but dense analysis of the 1990s expansion and the present fiscal crisis

Incan and Mayan history is fascinating

Yet more evidence of de-coupling

Interesting in general but total nonsense about Obama siding with liberals. He has not: not on affirmative action, not on Supreme Court nominee, not on stimulus, and certainly not on banks. The real reason health care is failing is that Obama wasted capital on banks, plain and simple.

Expect this to be in the UK, not Germany. Title is misleading because Europe is very heterogeneous when it comes to credit.

By fall, most expect record numbers in Japan

This is to recapitalize after Wiedeking’s debt binge

Is this what Latvia has in store? Or much worse?

This is the Austrian school view. It has risks.

Yet another idea on how to rein in costs. It sows we do need more time to understand the health care issue.

Another sign that everyone is worried Google is the new Microsoft.

Sharp words about the failure of the media including the NYTimes with Walter Cronkite as foil.

This rally could have legs.