News from around the web: 2009-07-28

Don’t do it!

Swedish article. Everyone wants to be an Au Pair now in this downturn.

But men are still as ugly as before

Good historical narrative I read at the weekend.

A wild west story about business in China

This article is on the front cover of Newsweek. Should we look at it as a contrary indicator?

Some of this stuff has already been shipped overseas.

No political consensus could mean the next leg down.

Citigroup converts government preferreds to common.

This is Bernanke’s charm offensive, taking it to the people.

Jawboning won’t be enough though

Johnson says undue deference to China s unwarranted, especially as they have taken on the risk in building a huge long dollar position. No one asked them to do so.

Must-read attached PDF on the macro picture in America

Anna Schwartz does NOT believe Bernanke deserves re-appointment

Roubini, like many other economists, supports Bernanke’s re-appointment

Despite what Bernanke says, the exit strategy is still unclear

Distraction of the day: Tangerine