Must-read piece
China
- John Lee: China’s Rise and the Road to War – WSJ.com
- Letter From China – Chinese Paving the Road to Freedom With Cash – NYTimes.com
- ‘Most homes’ to be demolished in 20 years – China Daily
The Usual Fare
- The Fed’s Incredible Threat – The Daily Reckoning
- Tired of the Center-Right: New Poll Finds Merkel Government at Rock Bottom – SPIEGEL ONLINE
- FT.com – Philip Stephens – Premier’s confidence comes face to face with austerity
- Editorial – Casting Out the Un-French – NYTimes.com
- The real cost of inflation – Telegraph
- Economist’s View: The Employment Report
- Calculated Risk: Nonsense Rumor on Fannie and Freddie