Topic of the Day: Savings rates
- Marginal Revolution: Australian fiscal policy
- BBC News – Savings used to boost spending and income
- BBC News – Savings raided to cover income shortfalls
- On the Way Down: The Erosion of America’s Middle Class – SPIEGEL ONLINE
- News N Economics: Household saving rates in the US, UK, and Germany: (possibly) light at the end of the tunnel
The Usual Fare
- FT.com – Iran begins fuelling nuclear power plant
- U.S. Economy Contracting Again, No Recovery, Rosenberg Says – Bloomberg
- The Business Desk with Paul Solman | Online NewsHour | PBS
- Slowdown in China to hit prices, warns Rio
- Regulators close well-connected ShoreBank| Reuters
- German Industries Rebuke Chancellor – WSJ.com
- German 30-Year Government Bond Yield Falls to Record on ECB Policy Outlook – Bloomberg
- We have to get the ‘bond market vigilantes’ off our back – Independent.ie
- FT.com – Bankrupt Europeans are flocking to London
- News Corp.’s $1M Contribution to GOP Governors Group Under Fire | The Rundown News Blog | PBS NewsHour | PBS
- Mike Konczal Goes to Treasury » New Deal 2.0
- Do We Need Fannie And Freddie? – Forbes.com
- The cruel bonds cult | Paul Krugman
- FT.com – Huge oil plume found in Gulf
Foreign-language links
- Weber wil geldkraan ECB langer openhouden – Het Financieele Dagblad
- LeTemps.ch | «J’ai été surpris que la crise financière n’ait pas créé davantage de chômage en Suisse»
- Her forsvant 700.000 jobber | Makro og politkk | Nyhetsarkivet | E24
- Schuldenkrise: Warum Belgien kein zweites Griechenland ist – WELT ONLINE
Just for fun
- Ultraviolet light reveals how ancient Greek statues really looked
- Bin Laden’s special complaint with the World Trade Center. – By Laurie Kerr – Slate Magazine
- 5 Reasons Why Every Single College Ranking Is a Pile of Crap – The Consumerist
- Slashdot Apple Story | Apple Patents Remotely Disabling Jailbroken Phones