Some headlines from today
- Everyone relax, Rahm Emanuel says the economy won't fall off a cliff [7]
- Japan's current account shrinks [8]
- Americans use of non-revolving debt increases for 8th straight month... that's a lot of GM cars! [9]
- Don't panic, but China's sovereign wealth fund is scaling back in Europe [10]
On a long enough timeline
- Not quite your daily Biderman, but prettier [11]
- Consumers continue deleveraging, and the Fed now creates phantom net worth [12]
- Fitch reluctantly falls in line, downgrades Espania [13]
- On Deleveraging [14]
- Jim Grant on Bernanke's grand manipulation [15]
- Hitler is long the USD, gets margin call [16]
If you're too lazy to read, listen to the day's news here