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Here's what we're following this morning:
(via Dangerous Minds)
We don't owe $16 trillion, and you don't owe $50,000 - Corrente | While I understand the author's point, it remains a pie-in-the-sky dream for any entity to issue those platinum coins.
Shhh: here's what the European Stability Mechanism just *might* be doing - Bloomberg | Do Italy and Spain know that they've just been shut out of funding? Nevermind: we just have to wait for the next draft.
Bernanke is King of the Data Hill - NJB Deflator | If Bernanke took action, there's a reason. Let's all hope the markets continue to have faith.
Raising the retirement age to 69 will lower monthly beneft by... - Naked Capitalism | Live longer? Work longer! Success!
4 years later, and what have we learned? - The Atlantic | If he still believes that you can't change Washington from the inside, does that mean that all those Prius bumper stickers can be torn off, now?
Why QE3 is bound to backfire - Counterpunch | If the banks are choosing not to reduce mortgage rates further, then why is Bernanke purchasing $40 billion of mortgage-backed securities each month?
The problem with Americans: too much sleep - Truthdig | I'm not sure what I'd do if I had the chance to sleep that much.
The global carbon trading system has "essentially collapsed" - The Guardian | So much for that one. Governments not taking this seriously? I can't imagine what they'd have on their plates right now.
New wave of workers tries novel approach: save more - Wall Street Journal | No one will save them except themselves.
What if Israel bombed Iran? - The Washington Post | A country united in wrath can act for good and for evil.
What on earth ISN'T the Swiss National Bank manipulating? - Financial Times | CHF, then euros. Then German bonds. Then French bonds. We're well past a hat trick at this point.
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