Elsewhere on Monday,
- Europe risks another global depression.
- But it’s great news for America’s debt binge…
- Ironic headline of the day.
-The inexact science of economics.
- Mauldin: A bubble in search of a pin.
- What I learnt from Hank Paulson’s book.
- Redirecting your rating agency rage.
- Krugman on Alesina on the (US) stimulus debate.
- Porsche vs the hedge funds: The snookerer and the snookered.
- How unions destroyed Greece.
- Fake recoveries and revisionist history.
- Why politics is stuck in the middle.
- Stockman on the most drastic policy error in modern history.
- Globalising the Australian Intergenerational Report.
- Further, further reading.