- How To Make The World’s Easiest $1 Billion (This is how to start a bank)
- BBC News – China’s economic recovery gathers pace
- Treasury Yield Curve Steepest Since at Least 1980 After Auction – Bloomberg.com
- Recession Elsewhere, but Its Booming in China – NYTimes.com
- The Administrations Job Creation Proposal is Inadequate – Mark Thoma
- More Flexible Accounting Rules for Banks – DealBook Blog – NYTimes.com (I have been meaning to right something substantive about this but time constraints have meant I have put it off. But, this shows that the government will do whatever it takes, including bending the rules to aid banks.)
- Fed Purchases Another $16Bn of Agency MBS : HousingWire
- Ireland Faces More Pain on Continued Spending Cuts – Bloomberg.com
- Paper Probes Fed Nightmare Inflating Away U.S. Debt – Real Time Economics – WSJ
- Financial Reform, or, Rearranging Chairs on the Titanic – Randy Wray
- That Which The ECB Hath Separated, Let No Man Join Together Again! | Edward Hugh
Distraction of the Day: Boy licks poll… gets stuck
(video embedded above)