Links 08/18/2011
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Global recession warning rattles stock markets | Business | guardian.co.uk
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UK economic outlook darkens – FT.com
The outlook for Britain’s economy darkened on Wednesday as new data showed a much weaker than expected labour market and the Bank of England’s monetary policy committee signalled increasing concern about the recovery. The unemployment rate rose to 7.
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Alan Kohler: the quality journalism project with Alan Kohler | Crikey
Alan Kohler is the biggest name in Australian financial journalism. But who does he read and regard as the best in Australian journalism?
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Let Greece, Ireland, Portugal Default So Spain, Italy Won’t, Kashkari Says
European politicians should let Greece, Ireland and Portugal default while taking steps to ensure Italy and Spain won’t, according to Pacific Investment Management Co.’s Neel Kashkari.
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Is the SEC Covering Up Wall Street Crimes? | Rolling Stone Politics
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Fed’s Bullard: New Rate Pledge a Mistake, Doesn’t Signal More Stimulus
The Fed’s recent decision to establish a time-table for retaining low rates was a mistake, and doesn’t signal a willingness for a third stimulus by the central bank, a key Fed inflation hawk said.
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Why we’re really, really not Greece.
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Worthwhile Canadian Initiative: I Dissent (FOMC Edition)
This post was written by Simon van Norden of HEC-Montréal. Last week’s FOMC decision to signal looser monetary policy seemed to boost US stocks, as it was designed to. But the decision was a tough one: three of the eleven…
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President Obama Still Likes Big Government: When it Helps the Banks | CEPR Blog
Two One-Way Lanes on the Road to Ruin https://www.hussman.net/wmc/wmc110815.htm